Keeley Teton Advisors LLC Lowers Stake in The Greenbrier Companies, Inc. (NYSE:GBX)

Keeley Teton Advisors LLC reduced its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 68.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,579 shares of the transportation company's stock after selling 11,934 shares during the quarter. Keeley Teton Advisors LLC's holdings in Greenbrier Companies were worth $340,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. LSV Asset Management grew its holdings in Greenbrier Companies by 94.3% in the fourth quarter. LSV Asset Management now owns 545,185 shares of the transportation company's stock valued at $33,251,000 after purchasing an additional 264,552 shares during the period. Norges Bank acquired a new stake in shares of Greenbrier Companies in the fourth quarter valued at about $14,257,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Greenbrier Companies during the fourth quarter worth about $9,671,000. Beacon Harbor Wealth Advisors Inc. acquired a new position in shares of Greenbrier Companies during the 4th quarter worth about $6,274,000. Finally, Renaissance Technologies LLC lifted its stake in Greenbrier Companies by 71.5% in the 4th quarter. Renaissance Technologies LLC now owns 136,000 shares of the transportation company's stock valued at $8,295,000 after buying an additional 56,700 shares in the last quarter. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

GBX has been the subject of a number of research analyst reports. Bank of America increased their target price on Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a report on Thursday, January 9th. 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 note on Tuesday, April 8th.

Insider Activity

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total value of $126,420.00. Following the sale, the chief operating officer now owns 42,714 shares in the company, valued at $2,699,951.94. The trade was a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 $1.01 on Tuesday, hitting $42.46. 173,760 shares of the company were exchanged, compared to its average volume of 530,715. 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 company has a 50-day moving average price of $51.19 and a 200 day moving average price of $58.79. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 7.41, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. The Greenbrier Companies, Inc. has a 1-year low of $37.77 and a 1-year high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.09). The company had revenue of $762.10 million during the quarter, compared to analysts' expectations of $898.53 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The firm's quarterly revenue was down 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.03 earnings per share. As a group, sell-side analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd will be paid a $0.32 dividend. This is a boost from Greenbrier Companies's previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $1.28 annualized dividend and a dividend yield of 3.01%. Greenbrier Companies's dividend payout ratio is 20.45%.

Greenbrier Companies 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.