MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $31.64 Million Stake in The Greenbrier Companies, Inc. (NYSE:GBX)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 518,819 shares of the transportation company's stock after buying an additional 27,683 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 1.65% of Greenbrier Companies worth $31,643,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of GBX. LSV Asset Management lifted its stake in shares of Greenbrier Companies by 94.3% during the 4th quarter. LSV Asset Management now owns 545,185 shares of the transportation company's stock worth $33,251,000 after buying an additional 264,552 shares during the last quarter. Norges Bank acquired a new stake in shares of Greenbrier Companies during the 4th quarter worth about $14,257,000. Encompass Capital Advisors LLC lifted its stake in shares of Greenbrier Companies by 26.2% during the 4th quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company's stock worth $56,735,000 after buying an additional 193,340 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Greenbrier Companies during the 4th quarter worth about $9,671,000. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Greenbrier Companies during the 4th quarter worth about $6,523,000. Institutional investors and hedge funds own 95.59% of the company's stock.

Wall Street Analyst Weigh In

Separately, Susquehanna cut their target price on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating for the company in a research note on Tuesday, April 8th.

Greenbrier Companies Stock Performance

Greenbrier Companies stock traded up $0.16 during midday trading on Friday, hitting $47.44. The company's stock had a trading volume of 217,029 shares, compared to its average volume of 386,291. The Greenbrier Companies, Inc. has a 1-year low of $37.77 and a 1-year 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 company has a 50-day moving average price of $46.68 and a two-hundred day moving average price of $57.48. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 8.28, a PEG ratio of 0.80 and a beta of 1.79.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings data 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 return on equity of 12.10% and a net margin of 5.10%. Greenbrier Companies's revenue for the quarter was down 11.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.03 EPS. As a group, sell-side 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 announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd were given a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, April 22nd. This is a boost from Greenbrier Companies's previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 2.70%. Greenbrier Companies's payout ratio is presently 20.45%.

Insider Activity

In other news, COO William J. Krueger sold 2,000 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the chief operating officer now directly owns 36,714 shares in the company, valued at approximately $1,762,272. The trade was a 5.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.78% of the company's stock.

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.