Schonfeld Strategic Advisors LLC Buys New Stake in The Greenbrier Companies, Inc. (NYSE:GBX)

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

A number of other hedge funds and other institutional investors have also recently modified their holdings of GBX. Quarry LP lifted its holdings in Greenbrier Companies by 892.7% during the fourth quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after purchasing an additional 366 shares during the last quarter. R Squared Ltd purchased a new position in Greenbrier Companies in the fourth quarter worth about $26,000. F M Investments LLC bought a new position in shares of Greenbrier Companies in the fourth quarter worth about $35,000. Smartleaf Asset Management LLC raised its stake in shares of Greenbrier Companies by 241.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company's stock valued at $56,000 after acquiring an additional 644 shares during the period. Finally, Sterling Capital Management LLC increased its position in Greenbrier Companies by 812.3% during the 4th quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock valued at $59,000 after purchasing an additional 861 shares during the period. Institutional investors and hedge funds own 95.59% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on GBX. Bank of America increased their target price on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an "underperform" rating in a report on Thursday, January 9th. Susquehanna lowered their price objective on shares of Greenbrier Companies from $75.00 to $52.00 and set a "positive" rating on the stock in a research report on Tuesday, April 8th.

Greenbrier Companies Price Performance

NYSE:GBX traded up $2.07 during mid-day trading on Thursday, reaching $44.94. The stock had a trading volume of 75,373 shares, compared to its average volume of 382,899. The stock has a market capitalization of $1.41 billion, a P/E ratio of 7.84, a P/E/G ratio of 0.80 and a beta of 1.79. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53. The firm has a 50 day moving average price of $47.83 and a two-hundred day moving average price of $57.99. The Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its 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). The company had revenue of $762.10 million for the quarter, compared to analysts' expectations of $898.53 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business's revenue was down 11.7% compared to the same quarter last year. During the same period last year, the business posted $1.03 earnings per share. As a group, analysts expect that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Tuesday, April 22nd will be issued a $0.32 dividend. The ex-dividend date is Tuesday, April 22nd. This represents a $1.28 dividend on an annualized basis and a yield of 2.85%. This is an increase from Greenbrier Companies's previous quarterly dividend of $0.30. Greenbrier Companies's dividend payout ratio (DPR) is 20.45%.

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.