Truvestments Capital LLC Has $4.78 Million Stock Holdings in Greenbrier Companies, Inc. (The) $GBX

Key Points

• Truvestments Capital LLC increased its stake in Greenbrier Companies, Inc. by 30.8% during the first quarter, now holding 93,230 shares valued at approximately $4.78 million.
• Research analysts have recently changed their ratings on Greenbrier, with a downgrade from "strong-buy" to "buy", and a consensus price target of $59.50.
• Greenbrier Companies reported earnings of $1.86 per share for the last quarter, exceeding estimates, and declared a quarterly dividend of $0.32 per share, reflecting a dividend yield of 2.7%.

Truvestments Capital LLC boosted its position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 30.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,230 shares of the transportation company's stock after acquiring an additional 21,961 shares during the period. Greenbrier Companies accounts for about 1.0% of Truvestments Capital LLC's holdings, making the stock its 19th biggest position. Truvestments Capital LLC owned 0.30% of Greenbrier Companies worth $4,775,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GBX. Envestnet Asset Management Inc. grew its holdings in shares of Greenbrier Companies by 9.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,516 shares of the transportation company's stock valued at $397,000 after purchasing an additional 548 shares in the last quarter. MetLife Investment Management LLC increased its holdings in Greenbrier Companies by 7.7% in the 4th quarter. MetLife Investment Management LLC now owns 18,515 shares of the transportation company's stock worth $1,129,000 after buying an additional 1,320 shares during the period. Hsbc Holdings PLC grew its stake in shares of Greenbrier Companies by 89.6% during the 4th quarter. Hsbc Holdings PLC now owns 18,252 shares of the transportation company's stock worth $1,112,000 after purchasing an additional 8,627 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Greenbrier Companies by 11.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,844 shares of the transportation company's stock worth $1,150,000 after purchasing an additional 2,008 shares during the period. Finally, Quarry LP lifted its holdings in Greenbrier Companies by 892.7% in the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after purchasing an additional 366 shares in the last quarter. 95.59% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on GBX shares. Wall Street Zen downgraded Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. Susquehanna increased their price objective on Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a research note on Wednesday, July 2nd. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $59.50.

Greenbrier Companies Stock Up 1.3%

GBX opened at $46.82 on Wednesday. The firm has a market capitalization of $1.45 billion, a P/E ratio of 6.63, a price-to-earnings-growth ratio of 1.29 and a beta of 1.69. The company has a fifty day moving average price of $48.15 and a 200-day moving average price of $48.59. 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, Inc. has a one year low of $37.77 and a one year high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its quarterly earnings results on Tuesday, July 1st. The transportation company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.87. Greenbrier Companies had a net margin of 6.48% and a return on equity of 14.56%. The company had revenue of $842.70 million during the quarter, compared to the consensus estimate of $785.72 million. During the same quarter last year, the firm earned $1.06 earnings per share. The firm's quarterly revenue was up 2.7% compared to the same quarter last year. Greenbrier Companies has set its FY 2025 guidance at EPS. Equities research analysts expect that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Investors of record on Thursday, July 17th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Thursday, July 17th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.7%. Greenbrier Companies's dividend payout ratio (DPR) is presently 18.13%.

Insider Activity at Greenbrier Companies

In other news, COO William J. Krueger sold 4,000 shares of Greenbrier Companies stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total value of $192,000.00. Following the sale, the chief operating officer owned 32,714 shares of the company's stock, valued at $1,570,272. The trade was a 10.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas B. Fargo sold 3,727 shares of the firm's stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total transaction of $204,873.19. Following the sale, the director directly owned 2,141 shares of the company's stock, valued at approximately $117,690.77. The trade was a 63.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,379 shares of company stock valued at $595,213 over the last quarter. 1.78% of the stock is 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.