UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stake in The Greenbrier Companies, Inc. (NYSE:GBX)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 74.7% during the 4th quarter, according to the company in 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 quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.26% of Greenbrier Companies worth $4,957,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Quarry LP raised its holdings in Greenbrier Companies by 892.7% during the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after purchasing an additional 366 shares in the last quarter. R Squared Ltd acquired a new stake in Greenbrier Companies during the fourth quarter worth approximately $26,000. F M Investments LLC acquired a new stake in Greenbrier Companies during the fourth quarter worth approximately $35,000. Smartleaf Asset Management LLC raised its holdings 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 in the last quarter. Finally, Sterling Capital Management LLC grew its position in shares of 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 acquiring an additional 861 shares during the last quarter. Institutional investors and hedge funds own 95.59% of the company's stock.

Analyst Ratings Changes

Separately, Susquehanna lowered their target price 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.

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction on 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 $1,762,272. This trade represents a 5.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.78% of the stock is currently owned by insiders.

Greenbrier Companies Stock Performance

Shares of GBX traded up $0.18 during mid-day trading on Thursday, reaching $45.22. 222,900 shares of the company's stock were exchanged, compared to its average volume of 377,107. 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 $1.42 billion, a PE ratio of 7.89, a price-to-earnings-growth ratio of 0.80 and a beta of 1.73. The business's fifty day simple moving average is $44.36 and its 200-day simple moving average is $55.86. The Greenbrier Companies, Inc. has a 52-week low of $37.77 and a 52-week high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.78 by ($0.09). The business had revenue of $762.10 million for 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 business's revenue was down 11.7% on a year-over-year basis. During the same quarter last year, the business posted $1.03 earnings per share. On average, equities research analysts expect that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.83%. This is a positive change 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 20.45%.

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.