Tectonic Advisors LLC Lowers Stock Position in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Tectonic Advisors LLC has significantly reduced its stake in Greenbrier Companies by 46.6%, now holding 14,169 shares valued at $652,000.
• Other institutional investors have also adjusted their positions, with 95.59% of the stock owned by hedge funds and institutional entities.
• Recent analyst ratings have been mixed, with one raising the stock from a "buy" to a "strong-buy", while the consensus rating remains a "Hold" with an average target price of $59.50.

Tectonic Advisors LLC cut its stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 46.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,169 shares of the transportation company's stock after selling 12,381 shares during the period. Tectonic Advisors LLC's holdings in Greenbrier Companies were worth $652,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. NBC Securities Inc. grew its stake in shares of Greenbrier Companies by 108,700.0% during the 1st quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock valued at $55,000 after buying an additional 1,087 shares during the period. US Bancorp DE grew its stake in shares of Greenbrier Companies by 111.1% during the 1st quarter. US Bancorp DE now owns 1,121 shares of the transportation company's stock valued at $57,000 after buying an additional 590 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Greenbrier Companies during the 1st quarter valued at $86,000. National Bank of Canada FI grew its stake in shares of Greenbrier Companies by 597.6% during the 1st quarter. National Bank of Canada FI now owns 2,044 shares of the transportation company's stock valued at $105,000 after buying an additional 1,751 shares during the period. Finally, Vestcor Inc purchased a new stake in shares of Greenbrier Companies during the 1st quarter valued at $114,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director James R. Huffines acquired 2,500 shares of the business's stock in a transaction on Friday, August 8th. The shares were purchased at an average price of $44.84 per share, for a total transaction of $112,100.00. Following the acquisition, the director directly owned 13,909 shares of the company's stock, valued at $623,679.56. This represents a 21.91% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.78% of the stock is owned by corporate insiders.

Greenbrier Companies Stock Performance

Shares of GBX stock opened at $45.30 on Friday. Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82. The firm has a market capitalization of $1.40 billion, a P/E ratio of 6.42, a P/E/G ratio of 1.51 and a beta of 1.76. The company's fifty day moving average price is $46.05 and its two-hundred day moving average price is $46.40.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Wall Street Zen raised shares of Greenbrier Companies from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Susquehanna upped their price target on shares of Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a research report on Wednesday, July 2nd. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Greenbrier Companies in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $59.50.

About Greenbrier Companies

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.

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