Empowered Funds LLC Purchases 14,912 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Empowered Funds LLC grew its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 9.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 166,726 shares of the transportation company’s stock after buying an additional 14,912 shares during the period. Empowered Funds LLC owned 0.53% of Greenbrier Companies worth $10,169,000 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. R Squared Ltd bought a new stake in Greenbrier Companies during the fourth quarter worth about $26,000. GAMMA Investing LLC lifted its holdings in shares of Greenbrier Companies by 60.9% during the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 207 shares during the last quarter. Gladius Capital Management LP bought a new stake in shares of Greenbrier Companies in the 3rd quarter worth approximately $32,000. NBC Securities Inc. purchased a new stake in shares of Greenbrier Companies in the 3rd quarter worth approximately $55,000. Finally, KBC Group NV increased its position in Greenbrier Companies by 57.8% during the 4th 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 in the last quarter. 95.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Susquehanna boosted their target price on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a report on Monday, October 21st. 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. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $63.00.

Greenbrier Companies Stock Performance

Shares of GBX opened at $64.83 on Monday. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 11.31, a P/E/G ratio of 0.94 and a beta of 1.52. The business’s fifty day simple moving average is $65.09 and its two-hundred day simple moving average is $57.32. The Greenbrier Companies, Inc. has a 12 month low of $41.40 and a 12 month high of $71.06. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.16 by $0.56. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The company had revenue of $875.90 million for the quarter, compared to analysts’ expectations of $849.51 million. During the same period last year, the firm posted $0.96 earnings per share. Greenbrier Companies’s revenue was up 8.3% compared to the same quarter last year. Research analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $1.20 annualized dividend and a dividend yield of 1.85%. Greenbrier Companies’s payout ratio is 20.94%.

Insider Activity at Greenbrier Companies

In other news, COO William J. Krueger sold 2,000 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total transaction of $126,420.00. Following the transaction, the chief operating officer now directly owns 42,714 shares of the company’s stock, valued at $2,699,951.94. This represents a 4.47 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.78% of the stock is owned by insiders.

Greenbrier Companies Company 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.