Tudor Investment Corp ET AL Purchases New Stake in The Greenbrier Companies, Inc. (NYSE:GBX)

Tudor Investment Corp ET AL bought a new stake in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 106,950 shares of the transportation company's stock, valued at approximately $6,523,000. Tudor Investment Corp ET AL owned about 0.34% of Greenbrier Companies at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Tidal Investments LLC lifted its position in Greenbrier Companies by 27.9% during the third quarter. Tidal Investments LLC now owns 5,454 shares of the transportation company's stock valued at $278,000 after buying an additional 1,190 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Greenbrier Companies by 3.1% in the 3rd quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company's stock valued at $990,000 after acquiring an additional 562 shares during the period. Cullen Investment Group LTD. lifted its holdings in shares of Greenbrier Companies by 1.0% during the 4th quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company's stock valued at $1,200,000 after acquiring an additional 204 shares in the last quarter. Carolina Wealth Advisors LLC boosted its position in Greenbrier Companies by 2.4% during the 4th quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company's stock worth $845,000 after purchasing an additional 331 shares during the period. Finally, Hennessy Advisors Inc. increased its holdings in Greenbrier Companies by 6.8% in the 4th quarter. Hennessy Advisors Inc. now owns 197,300 shares of the transportation company's stock valued at $12,033,000 after purchasing an additional 12,600 shares in the last quarter. Hedge funds and other institutional investors own 95.59% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Bank of America increased their target price on Greenbrier Companies from $60.00 to $62.00 and gave the company an "underperform" rating in a research note 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 for the company in a research report on Tuesday, April 8th.

Greenbrier Companies Stock Down 0.9 %

Shares of NYSE GBX traded down $0.40 during midday trading on Tuesday, reaching $43.38. 33,602 shares of the company's stock were exchanged, compared to its average volume of 382,439. 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 Greenbrier Companies, Inc. has a 52-week low of $37.77 and a 52-week high of $71.06. The business's fifty day moving average price is $48.32 and its two-hundred day moving average price is $58.20. The stock has a market capitalization of $1.36 billion, a PE ratio of 7.57, a price-to-earnings-growth ratio of 0.80 and a beta of 1.79.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.78 by ($0.09). Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The business had revenue of $762.10 million during the quarter, compared to analyst estimates of $898.53 million. During the same period in the previous year, the company earned $1.03 earnings per share. The business's revenue for the quarter was down 11.7% on a year-over-year basis. Analysts forecast that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Tuesday, April 22nd will be issued a dividend of $0.32 per share. This is a positive change from Greenbrier Companies's previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a yield of 2.95%. The ex-dividend date is Tuesday, April 22nd. Greenbrier Companies's dividend payout ratio (DPR) is currently 20.45%.

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.