The Greenbrier Companies, Inc. (NYSE:GBX) Stock Holdings Lessened by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC trimmed its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 83.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,913 shares of the transportation company's stock after selling 98,475 shares during the period. Kovitz Investment Group Partners LLC owned 0.06% of Greenbrier Companies worth $1,154,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tidal Investments LLC lifted its holdings in Greenbrier Companies by 27.9% in the third quarter. Tidal Investments LLC now owns 5,454 shares of the transportation company's stock worth $278,000 after acquiring an additional 1,190 shares during the last quarter. Franklin Resources Inc. boosted its position in Greenbrier Companies by 3.1% during the 3rd quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company's stock valued at $990,000 after purchasing an additional 562 shares during the period. Cullen Investment Group LTD. grew its stake in Greenbrier Companies by 1.0% during the 4th quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company's stock worth $1,200,000 after buying an additional 204 shares during the last quarter. Carolina Wealth Advisors LLC grew its stake in Greenbrier Companies by 2.4% during the 4th quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company's stock worth $845,000 after buying an additional 331 shares during the last quarter. Finally, Hennessy Advisors Inc. lifted its stake in Greenbrier Companies by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 197,300 shares of the transportation company's stock valued at $12,033,000 after buying an additional 12,600 shares during the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently commented on GBX. Bank of America upped their price target on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an "underperform" rating in a research report on Thursday, January 9th. Susquehanna dropped their price target 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.

Greenbrier Companies Stock Performance

Shares of GBX traded up $0.25 during trading hours on Monday, reaching $44.16. 66,090 shares of the company's stock traded hands, compared to its average volume of 383,013. The Greenbrier Companies, Inc. has a twelve month low of $37.77 and a twelve month high of $71.06. The business's fifty day simple moving average is $48.57 and its two-hundred day simple moving average is $58.26. 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 firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 7.73, a P/E/G ratio of 0.80 and a beta of 1.79.

Greenbrier Companies (NYSE:GBX - Get Free Report) last released its quarterly earnings results on Monday, April 7th. The transportation company reported $1.69 EPS for the quarter, missing analysts' consensus estimates of $1.78 by ($0.09). Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The company had revenue of $762.10 million for the quarter, compared to the consensus estimate of $898.53 million. During the same quarter last year, the firm posted $1.03 earnings per share. The firm's quarterly revenue was down 11.7% compared to the same quarter last year. Analysts predict 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 will be paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend is Tuesday, April 22nd. This is an increase from Greenbrier Companies's previous quarterly dividend of $0.30. Greenbrier Companies's payout ratio is currently 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.