Squarepoint Ops LLC Decreases Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Squarepoint Ops LLC lessened its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 15.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,215 shares of the transportation company's stock after selling 13,181 shares during the quarter. Squarepoint Ops LLC owned about 0.23% of Greenbrier Companies worth $4,404,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GBX. M3 Advisory Group LLC bought a new position in Greenbrier Companies during the fourth quarter worth about $225,000. KBC Group NV boosted its position in 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 purchasing an additional 537 shares during the period. R Squared Ltd bought a new position in Greenbrier Companies during the fourth quarter worth about $26,000. Westhampton Capital LLC bought a new position in Greenbrier Companies during the fourth quarter worth about $207,000. Finally, Hodges Capital Management Inc. boosted its position in Greenbrier Companies by 9.2% during the fourth quarter. Hodges Capital Management Inc. now owns 348,325 shares of the transportation company's stock worth $21,244,000 after purchasing an additional 29,231 shares during the period. Institutional investors own 95.59% of the company's stock.

Analyst Ratings Changes

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

Insider Activity at Greenbrier Companies

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $48.00, for a total transaction of $96,000.00. Following the transaction, the chief operating officer now directly owns 36,714 shares of the company's stock, valued at approximately $1,762,272. This trade represents a 5.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.78% of the stock is currently owned by insiders.

Greenbrier Companies Price Performance

Shares of GBX stock traded up $0.32 during trading hours on Friday, reaching $45.50. The stock had a trading volume of 42,999 shares, compared to its average volume of 380,387. The stock's fifty day simple moving average is $45.00 and its 200 day simple moving average is $56.43. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89. The Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The firm has a market capitalization of $1.43 billion, a PE ratio of 7.94, a PEG ratio of 0.80 and a beta of 1.79.

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

Greenbrier Companies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd were paid a $0.32 dividend. This is an increase from Greenbrier Companies's previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date was Tuesday, April 22nd. Greenbrier Companies's dividend payout ratio (DPR) is currently 20.45%.

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.