1 week Ago By Defense World Staff
Arrowstreet Capital Limited Partnership bought a new position in 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. The fund bought 158,568 shares of the transportation company’s stock, valued at approximately $9,671,000.
Arrowstreet Capital Limited Partnership owned about 0.51% of Greenbrier Companies as of its most recent filing with the Securities and Exchange Commission. Other large investors have also modified their holdings of the company.
Geode Capital Management LLC raised its stake in Greenbrier Companies by 1.1% during the third quarter. Geode Capital Management LLC now owns 711,931 shares of the transportation company’s stock valued at $36,237,000 after buying an additional 7,886 shares in the last quarter.
Hodges Capital Management Inc. lifted its stake in Greenbrier Companies by 9.2% during the fourth quarter.
Hodges Capital Management Inc. now owns 348,325 shares of the transportation company’s stock worth $21,244,000 after purchasing an additional 29,231 shares during the last quarter. Norges Bank acquired a new position in Greenbrier Companies in the fourth quarter worth $14,257,000.
Hennessy Advisors Inc. raised its holdings in shares of Greenbrier Companies by 6.8% during 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 during the period. Finally, Empowered Funds LLC lifted its position in shares of Greenbrier Companies by 9.
8% in the 4th quarter. Empowered Funds LLC now owns 166,726 shares of the transportation company’s stock worth $10,169,000 after buying an additional 14,912 shares during the last quarter. Institutional investors own 95.
59% of the company’s stock. Insider Buying and Selling at Greenbrier CompaniesIn related news, COO William J. Krueger sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd.
The shares were sold at an average price of $63.21, for a total transaction of $126,420.00.
Following the transaction, the chief operating officer now owns 42,714 shares in the company, valued at $2,699,951.94. This trade represents a 4.
47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.
78% of the stock is owned by corporate insiders. Greenbrier Companies Trading Down 3.2 %Greenbrier Companies stock opened at $45.
60 on Monday. The Greenbrier Companies, Inc. has a 52-week low of $41.
40 and a 52-week high of $71.06. The company has a quick ratio of 0.
84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89.
The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 7.96, a PEG ratio of 0.
80 and a beta of 1.56. The firm has a 50-day moving average price of $57.
30 and a two-hundred day moving average price of $59.61. Greenbrier Companies (NYSE:GBX – Get Free Report) last issued its quarterly earnings data on Wednesday, January 8th.
The transportation company reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.
56. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.
10%. The business had revenue of $875.90 million during the quarter, compared to analyst estimates of $849.
51 million. During the same period in the prior year, the company posted $0.96 EPS.
The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. Sell-side analysts expect that The Greenbrier Companies, Inc.
will post 5.9 earnings per share for the current year. Greenbrier Companies Increases DividendThe business also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th.
Investors of record on Tuesday, April 22nd will be given a $0.32 dividend. This represents a $1.
28 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date of this dividend is Tuesday, April 22nd.
This is a positive change from Greenbrier Companies’s previous quarterly dividend of $0.30. Greenbrier Companies’s dividend payout ratio is currently 20.
94%. Analysts Set New Price TargetsSeparately, Bank of America increased their price objective 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. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $63.
00.Get Our Latest Research Report on Greenbrier CompaniesAbout Greenbrier Companies (Free Report)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.Read MoreFive stocks we like better than Greenbrier CompaniesMost active stocks: Dollar volume vs share volumeNewsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?Compound Interest and Why It Matters When InvestingDisney 2025 Shareholders: Major Updates for InvestorsThe Significance of a Trillion-Dollar Market Cap Goes Beyond a NumberAdvance Auto Parts Stock: A Classic Rebound Play in the MakingWant to see what other hedge funds are holding GBX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Greenbrier Companies, Inc.
(NYSE:GBX – Free Report)..
