Louisiana State Employees Retirement System Takes $689,000 Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Louisiana State Employees Retirement System bought a new stake in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 15,600 shares of the transportation company's stock, valued at approximately $689,000. Louisiana State Employees Retirement System owned 0.05% of Greenbrier Companies at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Sheets Smith Wealth Management lifted its stake in Greenbrier Companies by 3.0% in the 3rd quarter. Sheets Smith Wealth Management now owns 10,886 shares of the transportation company's stock valued at $435,000 after buying an additional 313 shares in the last quarter. Gladius Capital Management LP acquired a new stake in shares of Greenbrier Companies in the third quarter valued at approximately $31,000. BluePath Capital Management LLC acquired a new stake in shares of Greenbrier Companies in the third quarter valued at approximately $32,000. Truvestments Capital LLC raised its holdings in Greenbrier Companies by 16.7% during the third quarter. Truvestments Capital LLC now owns 7,758 shares of the transportation company's stock worth $310,000 after purchasing an additional 1,113 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in Greenbrier Companies during the third quarter worth approximately $45,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, COO William J. Krueger sold 8,800 shares of the firm's stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total transaction of $465,256.00. Following the completion of the transaction, the chief operating officer now owns 36,529 shares of the company's stock, valued at $1,931,288.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, COO William J. Krueger sold 8,800 shares of the business's stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total transaction of $465,256.00. Following the completion of the sale, the chief operating officer now owns 36,529 shares of the company's stock, valued at approximately $1,931,288.23. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Wanda F. Felton sold 4,185 shares of Greenbrier Companies stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $46.65, for a total transaction of $195,230.25. Following the transaction, the director now owns 7,365 shares in the company, valued at approximately $343,577.25. The disclosure for this sale can be found here. Insiders sold a total of 32,907 shares of company stock worth $1,697,468 over the last three months. Company insiders own 2.54% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on GBX. Susquehanna lifted their price objective 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. Stephens upped their target price on shares of Greenbrier Companies from $62.00 to $65.00 and gave the company an "overweight" rating in a research note on Monday, April 8th. TheStreet raised shares of Greenbrier Companies from a "c+" rating to a "b" rating in a research note on Friday, January 5th. Finally, TD Cowen increased their price objective on shares of Greenbrier Companies from $53.00 to $60.00 and gave the company a "buy" rating in a report on Monday, April 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $54.00.

Greenbrier Companies Trading Down 1.4 %

Shares of GBX stock traded down $0.72 during mid-day trading on Friday, hitting $52.54. The company's stock had a trading volume of 203,330 shares, compared to its average volume of 362,355. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73. The company's fifty day simple moving average is $51.06 and its 200-day simple moving average is $45.09. The company has a market cap of $1.64 billion, a PE ratio of 15.45, a P/E/G ratio of 1.82 and a beta of 1.66. The Greenbrier Companies, Inc. has a 52 week low of $25.41 and a 52 week high of $58.00.

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

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, April 23rd will be given a $0.30 dividend. The ex-dividend date is Monday, April 22nd. This represents a $1.20 annualized dividend and a yield of 2.28%. Greenbrier Companies's dividend payout ratio (DPR) is presently 35.29%.

Greenbrier Companies Company 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.