Quantitative Investment Management LLC lowered its position in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 86.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,000 shares of the transportation company’s stock after selling 69,800 shares during the period. Quantitative Investment Management LLC’s holdings in Greenbrier Companies, Inc. (The) were worth $508,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ameritas Investment Partners Inc. acquired a new position in Greenbrier Companies, Inc. (The) in the 1st quarter worth approximately $101,000. Riverhead Capital Management LLC raised its position in Greenbrier Companies, Inc. (The) by 69.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock worth $102,000 after buying an additional 898 shares during the last quarter. Stifel Financial Corp purchased a new position in Greenbrier Companies, Inc. (The) during the 1st quarter worth approximately $202,000. Cim Investment Mangement Inc. purchased a new position in Greenbrier Companies, Inc. (The) during the 1st quarter worth approximately $204,000. Finally, US Bancorp DE raised its position in Greenbrier Companies, Inc. (The) by 18.5% during the 2nd quarter. US Bancorp DE now owns 5,125 shares of the transportation company’s stock worth $237,000 after buying an additional 800 shares during the last quarter.

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Shares of Greenbrier Companies, Inc. (NYSE:GBX) opened at 48.15 on Monday. Greenbrier Companies, Inc. has a 1-year low of $28.95 and a 1-year high of $51.25. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 12.15 and a beta of 1.90. The stock’s 50 day moving average is $43.95 and its 200 day moving average is $44.48.

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

Several analysts have commented on the stock. Zacks Investment Research upgraded shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research note on Tuesday, August 29th. ValuEngine raised shares of Greenbrier Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Cowen and Company reiterated a “buy” rating and issued a $57.00 price objective on shares of Greenbrier Companies, Inc. (The) in a research note on Monday, August 28th. BidaskClub upgraded shares of Greenbrier Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Finally, Bank of America Corporation raised shares of Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and raised their target price for the stock from $49.00 to $59.00 in a report on Tuesday, July 4th. Four investment analysts have rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Greenbrier Companies, Inc. (The) has an average rating of “Hold” and a consensus target price of $47.86.

In related news, EVP Alejandro Centurion sold 3,000 shares of the stock in a transaction dated Tuesday, July 11th. The shares were sold at an average price of $43.05, for a total transaction of $129,150.00. Following the completion of the transaction, the executive vice president now directly owns 17,583 shares of the company’s stock, valued at $756,948.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Lorie Tekorius sold 4,740 shares of the stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $48.00, for a total transaction of $227,520.00. The disclosure for this sale can be found here. Insiders sold a total of 16,740 shares of company stock valued at $765,870 in the last 90 days. Company insiders own 4.60% of the company’s stock.

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)

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