Schonfeld Strategic Advisors LLC Takes $4.17 Million Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Schonfeld Strategic Advisors LLC purchased a new stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 68,423 shares of the transportation company's stock, valued at approximately $4,173,000. Schonfeld Strategic Advisors LLC owned 0.22% of Greenbrier Companies as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the company. LSV Asset Management grew its position in Greenbrier Companies by 94.3% in the 4th quarter. LSV Asset Management now owns 545,185 shares of the transportation company's stock worth $33,251,000 after purchasing an additional 264,552 shares during the last quarter. Northern Trust Corp increased its position in Greenbrier Companies by 20.5% in the 4th quarter. Northern Trust Corp now owns 389,406 shares of the transportation company's stock valued at $23,750,000 after acquiring an additional 66,185 shares during the period. Hodges Capital Management Inc. raised its stake in Greenbrier Companies by 9.2% during the 4th quarter. Hodges Capital Management Inc. now owns 348,325 shares of the transportation company's stock valued at $21,244,000 after acquiring an additional 29,231 shares in the last quarter. Norges Bank bought a new stake in Greenbrier Companies during the 4th quarter valued at $14,257,000. Finally, Hennessy Advisors Inc. grew its stake in shares of Greenbrier Companies by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 197,300 shares of the transportation company's stock worth $12,033,000 after purchasing an additional 12,600 shares in the last quarter. Institutional investors own 95.59% of the company's stock.

Greenbrier Companies Price Performance

Shares of GBX traded down $0.61 during mid-day trading on Wednesday, hitting $42.94. The company's stock had a trading volume of 267,256 shares, compared to its average volume of 383,608. The Greenbrier Companies, Inc. has a fifty-two week low of $37.77 and a fifty-two week high of $71.06. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 7.49, a PEG ratio of 0.80 and a beta of 1.79. The firm has a 50-day moving average price of $48.09 and a 200 day moving average price of $58.10. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its quarterly earnings data 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). 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 analyst estimates of $898.53 million. During the same quarter in the previous year, the firm posted $1.03 EPS. Greenbrier Companies's quarterly revenue was down 11.7% on a year-over-year basis. On average, research analysts predict that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd will be given a dividend of $0.32 per share. 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. This represents a $1.28 dividend on an annualized basis and a yield of 2.98%. Greenbrier Companies's payout ratio is presently 20.45%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Susquehanna reduced their price objective on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating for the company in a report on Tuesday, April 8th. 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 note on Thursday, January 9th.

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.