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 raised its holdings in Greenbrier Companies, Inc. (The) (NYSE:GBX - Free Report) by 30.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 93,230 shares of the transportation company's stock after purchasing an additional 21,961 shares during the quarter. Greenbrier Companies accounts for approximately 1.0% of Truvestments Capital LLC's investment portfolio, making the stock its 19th biggest position. Truvestments Capital LLC owned about 0.30% of Greenbrier Companies worth $4,775,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of GBX. Vanguard Group Inc. lifted its stake in shares of Greenbrier Companies by 6.8% in the 1st quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company's stock valued at $193,541,000 after acquiring an additional 242,180 shares during the last quarter. Encompass Capital Advisors LLC lifted its stake in shares of Greenbrier Companies by 26.2% in the 4th quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company's stock valued at $56,735,000 after acquiring an additional 193,340 shares during the last quarter. Nuveen LLC bought a new position in shares of Greenbrier Companies in the 1st quarter valued at $6,602,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Greenbrier Companies in the 4th quarter valued at $6,837,000. Finally, Tudor Investment Corp ET AL bought a new position in shares of Greenbrier Companies in the 4th quarter valued at $6,523,000. 95.59% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Greenbrier Companies news, Director James R. Huffines acquired 2,500 shares of the stock in a transaction dated Friday, August 8th. The stock was purchased at an average cost of $44.84 per share, with a total value of $112,100.00. Following the transaction, the director owned 13,909 shares in the company, valued at approximately $623,679.56. The trade was a 21.91% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Wanda F. Felton sold 3,652 shares of Greenbrier Companies stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $54.31, for a total value of $198,340.12. Following the completion of the transaction, the director directly owned 3,000 shares of the company's stock, valued at approximately $162,930. This trade represents a 54.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,379 shares of company stock valued at $595,213. Insiders own 1.78% of the company's stock.

Greenbrier Companies Trading Down 0.7%

NYSE:GBX traded down $0.34 during trading hours on Monday, hitting $46.68. 231,206 shares of the company were exchanged, compared to its average volume of 275,950. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 6.61, a price-to-earnings-growth ratio of 1.30 and a beta of 1.72. The company has a current ratio of 1.48, a quick ratio of 0.82 and a debt-to-equity ratio of 0.83. Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06. The company has a fifty day simple moving average of $48.23 and a 200 day simple moving average of $48.16.

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

Greenbrier Companies Dividend Announcement

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

Wall Street Analysts Forecast Growth

GBX has been the subject of a number of research reports. Wall Street Zen cut Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Susquehanna raised their target price on Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a research report on Wednesday, July 2nd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus 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.