UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 239,528 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 74.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,278 shares of the transportation company's stock after selling 239,528 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.26% of Greenbrier Companies worth $4,957,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Quarry LP boosted its stake in shares of Greenbrier Companies by 892.7% in the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after buying an additional 366 shares during the last quarter. R Squared Ltd purchased a new position in shares of Greenbrier Companies in the fourth quarter valued at approximately $26,000. F M Investments LLC acquired a new stake in shares of Greenbrier Companies in the fourth quarter valued at approximately $35,000. Smartleaf Asset Management LLC increased its stake in shares of Greenbrier Companies by 241.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company's stock worth $56,000 after acquiring an additional 644 shares during the last quarter. Finally, Sterling Capital Management LLC boosted its holdings in Greenbrier Companies by 812.3% in the 4th quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock valued at $59,000 after purchasing an additional 861 shares during the last quarter. Hedge funds and other institutional investors own 95.59% of the company's stock.

Analysts Set New Price Targets

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

Insider Transactions at Greenbrier Companies

In other news, COO William J. Krueger sold 2,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $48.00, for a total value of $96,000.00. Following the transaction, the chief operating officer now directly owns 36,714 shares in the company, valued at approximately $1,762,272. This trade represents a 5.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.78% of the company's stock.

Greenbrier Companies Price Performance

Shares of Greenbrier Companies stock traded up $0.48 during trading on Friday, hitting $45.74. 175,932 shares of the company were exchanged, compared to its average volume of 377,605. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 7.98, a P/E/G ratio of 0.80 and a beta of 1.73. The Greenbrier Companies, Inc. has a fifty-two week low of $37.77 and a fifty-two week high of $71.06. The firm has a 50 day moving average price of $44.14 and a 200 day moving average price of $55.59.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly 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). The business had revenue of $762.10 million during the quarter, compared to analyst estimates of $898.53 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The company's revenue was down 11.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.03 earnings per share. On average, equities analysts expect that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Investors 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 2.80%. 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 is 20.45%.

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.