Intech Investment Management LLC Grows Stake in The Greenbrier Companies, Inc. (NYSE:GBX)

Intech Investment Management LLC increased its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 83.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,171 shares of the transportation company’s stock after buying an additional 12,352 shares during the quarter. Intech Investment Management LLC owned about 0.09% of Greenbrier Companies worth $1,657,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. R Squared Ltd purchased a new stake in shares of Greenbrier Companies during the fourth quarter valued at $26,000. Smartleaf Asset Management LLC grew its holdings in shares of Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock valued at $56,000 after buying an additional 644 shares during the last quarter. KBC Group NV grew its holdings in shares of Greenbrier Companies by 57.8% during the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock valued at $89,000 after buying an additional 537 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Greenbrier Companies during the third quarter valued at $107,000. Finally, Westhampton Capital LLC purchased a new stake in shares of Greenbrier Companies during the fourth quarter valued at $207,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Bank of America boosted their price objective on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a report on Thursday, January 9th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $63.00.

Insiders Place Their Bets

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $63.21, for a total value of $126,420.00. Following the completion of the transaction, the chief operating officer now owns 42,714 shares in the company, valued at approximately $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.78% of the company’s stock.

Greenbrier Companies Trading Down 1.9 %

NYSE GBX opened at $53.78 on Friday. The company has a market capitalization of $1.69 billion, a PE ratio of 9.38, a P/E/G ratio of 0.80 and a beta of 1.62. The company has a fifty day moving average of $60.51 and a 200 day moving average of $59.16. The Greenbrier Companies, Inc. has a 1 year low of $41.40 and a 1 year high of $71.06. 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) last posted its earnings results on Wednesday, January 8th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. The company had revenue of $875.90 million during the quarter, compared to the consensus estimate of $849.51 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.96 earnings per share. Research analysts forecast that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.23%. Greenbrier Companies’s dividend payout ratio (DPR) is currently 20.94%.

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.