International Assets Investment Management LLC Makes New Investment in The Greenbrier Companies, Inc. (NYSE:GBX)

International Assets Investment Management LLC purchased a new position in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 20,367 shares of the transportation company's stock, valued at approximately $900,000. International Assets Investment Management LLC owned approximately 0.07% of Greenbrier Companies at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of GBX. American Century Companies Inc. boosted its position in shares of Greenbrier Companies by 306.6% in the third quarter. American Century Companies Inc. now owns 255,503 shares of the transportation company's stock worth $10,220,000 after acquiring an additional 192,657 shares during the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Greenbrier Companies in the third quarter worth approximately $4,710,000. LSV Asset Management acquired a new stake in shares of Greenbrier Companies in the third quarter worth approximately $2,960,000. UBS Group AG boosted its position in shares of Greenbrier Companies by 248.7% in the third quarter. UBS Group AG now owns 96,793 shares of the transportation company's stock worth $3,872,000 after acquiring an additional 69,036 shares during the last quarter. Finally, Numerai GP LLC acquired a new stake in shares of Greenbrier Companies in the third quarter worth approximately $2,053,000. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, SVP William Glenn sold 5,800 shares of the business's stock in a transaction on Friday, April 19th. The shares were sold at an average price of $51.87, for a total transaction of $300,846.00. Following the completion of the sale, the senior vice president now owns 33,211 shares in the company, valued at $1,722,654.57. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Greenbrier Companies news, SVP William Glenn sold 5,800 shares of the business's stock in a transaction on Friday, April 19th. The shares were sold at an average price of $51.87, for a total transaction of $300,846.00. Following the completion of the sale, the senior vice president now owns 33,211 shares in the company, valued at $1,722,654.57. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Lorie Tekorius sold 9,642 shares of the business's stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $52.00, for a total transaction of $501,384.00. Following the sale, the chief executive officer now owns 226,611 shares of the company's stock, valued at approximately $11,783,772. The disclosure for this sale can be found here. Insiders sold a total of 35,407 shares of company stock worth $1,813,443 over the last 90 days. Insiders own 2.54% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on GBX shares. Susquehanna raised their target price on shares of Greenbrier Companies from $56.00 to $63.00 and gave the stock a "positive" rating in a research report on Tuesday, April 9th. TD Cowen lifted their price target on shares of Greenbrier Companies from $53.00 to $60.00 and gave the company a "buy" rating in a research report on Monday, April 8th. Stephens lifted their price target on shares of Greenbrier Companies from $62.00 to $65.00 and gave the company an "overweight" rating in a research report on Monday, April 8th. Finally, TheStreet raised shares of Greenbrier Companies from a "c+" rating to a "b" rating in a research report on Friday, January 5th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $54.00.

Greenbrier Companies Stock Up 0.1 %

Shares of GBX traded up $0.04 during mid-day trading on Wednesday, reaching $53.53. 281,853 shares of the stock traded hands, compared to its average volume of 332,823. The company has a quick ratio of 0.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.98. The stock has a fifty day simple moving average of $50.90 and a 200 day simple moving average of $44.89. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 15.74, a P/E/G ratio of 1.78 and a beta of 1.66. The Greenbrier Companies, Inc. has a 12-month low of $25.41 and a 12-month high of $58.00.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.28. The business had revenue of $862.70 million during the quarter, compared to analyst estimates of $841.58 million. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The business's revenue was down 23.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.99 earnings per share. Sell-side analysts expect that The Greenbrier Companies, Inc. will post 4.13 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, April 23rd will be paid a $0.30 dividend. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.24%. Greenbrier Companies's dividend payout ratio (DPR) is presently 35.29%.

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.