Segall Bryant & Hamill LLC Sells 12,780 Shares of Greenbrier Companies, Inc. (The) (NYSE:GBX)

Segall Bryant & Hamill LLC lessened its position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 14.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 77,786 shares of the transportation company's stock after selling 12,780 shares during the period. Segall Bryant & Hamill LLC owned approximately 0.25% of Greenbrier Companies worth $3,984,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in GBX. Alliancebernstein L.P. lifted its stake in shares of Greenbrier Companies by 0.6% in the fourth quarter. Alliancebernstein L.P. now owns 32,993 shares of the transportation company's stock worth $2,012,000 after acquiring an additional 196 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of Greenbrier Companies by 44.7% in the first quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock worth $35,000 after acquiring an additional 213 shares in the last quarter. Quarry LP raised its stake in Greenbrier Companies by 892.7% during the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after buying an additional 366 shares in the last quarter. Swiss National Bank raised its stake in Greenbrier Companies by 0.7% during the fourth quarter. Swiss National Bank now owns 61,200 shares of the transportation company's stock valued at $3,733,000 after buying an additional 400 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Greenbrier Companies by 9.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 6,516 shares of the transportation company's stock valued at $397,000 after buying an additional 548 shares in the last quarter. Hedge funds and other institutional investors own 95.59% of the company's stock.

Analysts Set New Price Targets

GBX has been the topic of several research reports. Susquehanna upped their price objective on Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research note on Wednesday, July 2nd. Wall Street Zen raised Greenbrier Companies from a "hold" rating to a "strong-buy" rating in a research note on Saturday, July 5th.

Greenbrier Companies Price Performance

Shares of NYSE:GBX traded down $1.41 on Friday, reaching $48.64. 1,492,002 shares of the company traded hands, compared to its average volume of 391,227. Greenbrier Companies, Inc. has a fifty-two week low of $37.77 and a fifty-two week high of $71.06. The company's 50 day moving average is $47.87 and its 200-day moving average is $52.14. The stock has a market capitalization of $1.50 billion, a PE ratio of 6.89, a P/E/G ratio of 1.36 and a beta of 1.71. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82.

Greenbrier Companies (NYSE:GBX - Get Free Report) last released its earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.87. The company had revenue of $842.70 million during the quarter, compared to analyst estimates of $785.72 million. Greenbrier Companies had a return on equity of 14.56% and a net margin of 6.48%. The company's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.06 earnings per share. As a group, analysts anticipate that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.63%. The ex-dividend date is Thursday, July 17th. Greenbrier Companies's payout ratio is 18.13%.

Insiders Place Their Bets

In other news, COO William J. Krueger sold 4,000 shares of the firm's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $48.00, for a total value of $192,000.00. Following the sale, the chief operating officer directly owned 32,714 shares of the company's stock, valued at approximately $1,570,272. This trade represents a 10.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Thomas B. Fargo sold 3,727 shares of Greenbrier Companies stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $54.97, for a total value of $204,873.19. Following the sale, the director directly owned 2,141 shares in the company, valued at approximately $117,690.77. This trade represents a 63.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,379 shares of company stock valued at $691,213 over the last three months. 1.78% of the stock is currently owned by insiders.

Greenbrier Companies Company 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.