Squarepoint Ops LLC Sells 13,181 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

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

A number of other large investors have also recently made changes to their positions in GBX. Quarry LP boosted 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 during the period. R Squared Ltd bought a new stake in Greenbrier Companies during the fourth quarter worth about $26,000. F M Investments LLC bought a new stake in Greenbrier Companies during the fourth quarter worth about $35,000. Smartleaf Asset Management LLC lifted its stake in Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company's stock worth $56,000 after purchasing an additional 644 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its stake in Greenbrier Companies by 812.3% during the fourth quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock worth $59,000 after purchasing an additional 861 shares during the last quarter. 95.59% of the stock is owned by institutional investors.

Greenbrier Companies Price Performance

GBX stock traded down $0.39 during mid-day trading on Wednesday, hitting $45.14. 218,069 shares of the stock were exchanged, compared to its average volume of 381,884. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The business has a fifty day moving average price of $45.36 and a 200 day moving average price of $56.65. The Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 7.88, 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 the consensus estimate of $1.78 by ($0.09). The company had revenue of $762.10 million during the quarter, compared to analysts' expectations of $898.53 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The firm's quarterly revenue was down 11.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.03 EPS. On average, sell-side analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd were issued a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a $1.28 annualized dividend and a dividend yield of 2.84%. This is an increase from Greenbrier Companies's previous quarterly dividend of $0.30. Greenbrier Companies's payout ratio is currently 20.45%.

Analysts Set New Price Targets

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

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $48.00, for a total transaction of $96,000.00. Following the transaction, the chief operating officer now owns 36,714 shares in the company, valued at $1,762,272. The trade was a 5.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.78% of the stock is owned by company insiders.

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.