Two Sigma Investments LP Lowers Stock Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Two Sigma Investments LP cut its stake in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 76.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,167 shares of the transportation company's stock after selling 45,204 shares during the period. Two Sigma Investments LP's holdings in Greenbrier Companies were worth $864,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Values First Advisors Inc. boosted its stake in shares of Greenbrier Companies by 3.8% in the 4th quarter. Values First Advisors Inc. now owns 4,134 shares of the transportation company's stock valued at $252,000 after buying an additional 151 shares during the period. Alliancebernstein L.P. increased its stake in shares of Greenbrier Companies by 0.6% during the fourth quarter. Alliancebernstein L.P. now owns 32,993 shares of the transportation company's stock worth $2,012,000 after buying an additional 196 shares during the period. Quarry LP raised its holdings in Greenbrier Companies by 892.7% in the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after acquiring an additional 366 shares in the last quarter. Swiss National Bank lifted its stake in Greenbrier Companies by 0.7% in the fourth quarter. Swiss National Bank now owns 61,200 shares of the transportation company's stock worth $3,733,000 after acquiring an additional 400 shares during the last quarter. Finally, KBC Group NV lifted its stake in Greenbrier Companies by 57.8% in the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company's stock worth $89,000 after acquiring an additional 537 shares during the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Greenbrier Companies Stock Up 0.2%

Shares of NYSE:GBX traded up $0.08 during trading on Tuesday, hitting $46.41. 352,201 shares of the company were exchanged, compared to its average volume of 378,190. The firm's 50 day moving average price is $44.03 and its 200-day moving average price is $55.31. The 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 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The stock has a market capitalization of $1.46 billion, a P/E ratio of 8.10, a PEG ratio of 0.80 and a beta of 1.73.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share for the quarter, missing the consensus estimate 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 analysts' expectations of $898.53 million. During the same period in the previous year, the firm posted $1.03 earnings per share. The firm's revenue for the quarter was down 11.7% on a year-over-year basis. On average, research analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Tuesday, April 22nd were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.76%. This is a boost from Greenbrier Companies's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Tuesday, April 22nd. Greenbrier Companies's dividend payout ratio (DPR) is presently 20.45%.

Insiders Place Their Bets

In other news, COO William J. Krueger sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $48.00, for a total transaction of $96,000.00. Following the completion of the sale, the chief operating officer now owns 36,714 shares in the company, valued at $1,762,272. This represents a 5.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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.