Raiffeisen Bank International AG Acquires Shares of 8,474 The Greenbrier Companies, Inc. (NYSE:GBX)

Raiffeisen Bank International AG purchased a new position in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,474 shares of the transportation company's stock, valued at approximately $519,000.

A number of other hedge funds also recently modified their holdings of the business. Franklin Resources Inc. increased its stake in Greenbrier Companies by 3.1% during the 3rd quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company's stock worth $990,000 after purchasing an additional 562 shares in the last quarter. M3 Advisory Group LLC acquired a new position in shares of Greenbrier Companies in the fourth quarter valued at approximately $225,000. KBC Group NV increased its position in shares of Greenbrier Companies by 57.8% during the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company's stock worth $89,000 after acquiring an additional 537 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Greenbrier Companies during the fourth quarter worth $26,000. Finally, Westhampton Capital LLC acquired a new stake in shares of Greenbrier Companies during the fourth quarter worth $207,000. Institutional investors and hedge funds own 95.59% of the company's stock.

Insiders Place Their Bets

In other news, COO William J. Krueger sold 2,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $48.00, for a total value of $96,000.00. Following the completion of the transaction, the chief operating officer now owns 36,714 shares in the company, valued at $1,762,272. This trade represents a 5.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.78% of the company's stock.

Greenbrier Companies Stock Down 0.5%

Shares of NYSE:GBX traded down $0.25 during mid-day trading on Friday, reaching $44.64. 42,131 shares of the stock were exchanged, compared to its average volume of 484,550. The stock's 50 day simple moving average is $45.95 and its 200-day simple moving average is $57.10. The Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06. The company has a market cap of $1.40 billion, a P/E ratio of 7.79, a P/E/G ratio of 0.80 and a beta of 1.79. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.09). The business had revenue of $762.10 million for the quarter, compared to the consensus estimate of $898.53 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. Greenbrier Companies's revenue was down 11.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.03 earnings per share. As a group, equities research analysts predict that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Tuesday, April 22nd were paid a $0.32 dividend. This is a positive change from Greenbrier Companies's previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a yield of 2.87%. The ex-dividend date was Tuesday, April 22nd. Greenbrier Companies's payout ratio is presently 20.45%.

Wall Street Analyst Weigh In

Separately, Susquehanna reduced their target price on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating for the company in a research note on Tuesday, April 8th.

Greenbrier Companies Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.