Nisa Investment Advisors LLC raised its stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 32.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,460 shares of the transportation company’s stock after buying an additional 4,500 shares during the period. Nisa Investment Advisors LLC owned approximately 0.06% of Greenbrier Companies, Inc. (The) worth $817,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in GBX. Schroder Investment Management Group boosted its position in Greenbrier Companies, Inc. (The) by 975.6% in the first quarter. Schroder Investment Management Group now owns 786,285 shares of the transportation company’s stock valued at $33,928,000 after buying an additional 713,185 shares during the period. Vanguard Group Inc. boosted its position in Greenbrier Companies, Inc. (The) by 7.1% in the first quarter. Vanguard Group Inc. now owns 5,200,115 shares of the transportation company’s stock valued at $224,125,000 after buying an additional 343,139 shares during the period. Columbus Circle Investors acquired a new position in Greenbrier Companies, Inc. (The) during the first quarter valued at approximately $8,941,000. Norges Bank acquired a new position in Greenbrier Companies, Inc. (The) during the fourth quarter valued at approximately $4,361,000. Finally, State Street Corp boosted its position in Greenbrier Companies, Inc. (The) by 14.3% in the first quarter. State Street Corp now owns 724,283 shares of the transportation company’s stock valued at $31,217,000 after buying an additional 90,832 shares during the period.

Greenbrier Companies, Inc. (NYSE GBX) traded up 0.44% during midday trading on Monday, hitting $45.20. The company had a trading volume of 37,748 shares. The company’s 50 day moving average is $45.78 and its 200-day moving average is $44.75. The company has a market cap of $1.29 billion, a P/E ratio of 11.40 and a beta of 1.86. Greenbrier Companies, Inc. has a one year low of $28.95 and a one year high of $51.25.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last announced its quarterly earnings data on Thursday, June 29th. The transportation company reported $1.03 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.21. Greenbrier Companies, Inc. (The) had a return on equity of 11.74% and a net margin of 5.85%. The company had revenue of $439.20 million for the quarter, compared to analyst estimates of $516.17 million. During the same quarter last year, the firm earned $1.12 EPS. Greenbrier Companies, Inc. (The)’s revenue for the quarter was down 28.3% compared to the same quarter last year. On average, equities analysts predict that Greenbrier Companies, Inc. will post $3.54 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 8th. Stockholders of record on Tuesday, July 18th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Friday, July 14th. Greenbrier Companies, Inc. (The)’s payout ratio is presently 22.17%.

WARNING: This article was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark laws. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/08/07/greenbrier-companies-inc-the-nysegbx-shares-bought-by-nisa-investment-advisors-llc.html.

Several equities analysts have recently commented on GBX shares. BidaskClub cut Greenbrier Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. ValuEngine upgraded Greenbrier Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Zacks Investment Research cut Greenbrier Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Tuesday, April 11th. Stifel Nicolaus upgraded Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and increased their target price for the company from $48.00 to $51.00 in a research note on Monday, July 17th. Finally, Bank of America Corporation upgraded Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and increased their target price for the company from $49.00 to $59.00 in a research note on Tuesday, July 4th. Five investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $45.28.

In other news, EVP Mark J. Rittenbaum sold 2,100 shares of Greenbrier Companies, Inc. (The) stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $44.75, for a total transaction of $93,975.00. Following the sale, the executive vice president now owns 63,827 shares of the company’s stock, valued at approximately $2,856,258.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark J. Rittenbaum sold 1,300 shares of Greenbrier Companies, Inc. (The) stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $44.60, for a total value of $57,980.00. Following the sale, the executive vice president now directly owns 63,911 shares in the company, valued at approximately $2,850,430.60. The disclosure for this sale can be found here. Insiders have sold a total of 70,947 shares of company stock worth $3,128,921 in the last three months. 4.60% of the stock is owned by insiders.

Greenbrier Companies, Inc. (The) Company Profile

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

Institutional Ownership by Quarter for Greenbrier Companies, Inc. (The) (NYSE:GBX)

Receive News & Stock Ratings for Greenbrier Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenbrier Companies Inc. (The) and related stocks with our FREE daily email newsletter.