California State Teachers Retirement System cut its holdings in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 9.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,563 shares of the transportation company’s stock after selling 4,820 shares during the period. California State Teachers Retirement System owned about 0.17% of Greenbrier Companies, Inc. (The) worth $2,246,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Dalton Greiner Hartman Maher & Co. bought a new position in Greenbrier Companies, Inc. (The) during the second quarter valued at $16,001,000. Schroder Investment Management Group grew its holdings in Greenbrier Companies, Inc. (The) by 35.5% during the second quarter. Schroder Investment Management Group now owns 1,065,422 shares of the transportation company’s stock valued at $51,407,000 after purchasing an additional 279,137 shares during the period. LSV Asset Management grew its holdings in Greenbrier Companies, Inc. (The) by 261.9% during the second quarter. LSV Asset Management now owns 289,900 shares of the transportation company’s stock valued at $13,407,000 after purchasing an additional 209,800 shares during the period. Vanguard Group Inc. grew its holdings in Greenbrier Companies, Inc. (The) by 2.4% during the second quarter. Vanguard Group Inc. now owns 5,322,591 shares of the transportation company’s stock valued at $246,170,000 after purchasing an additional 122,476 shares during the period. Finally, Brandywine Global Investment Management LLC grew its holdings in Greenbrier Companies, Inc. (The) by 106.9% during the second quarter. Brandywine Global Investment Management LLC now owns 229,301 shares of the transportation company’s stock valued at $10,606,000 after purchasing an additional 118,476 shares during the period.

Shares of Greenbrier Companies, Inc. (NYSE GBX) opened at $46.85 on Tuesday. The stock has a market capitalization of $1,376.70, a price-to-earnings ratio of 12.81, a price-to-earnings-growth ratio of 1.28 and a beta of 1.99. Greenbrier Companies, Inc. has a 12-month low of $35.25 and a 12-month high of $52.75. The company has a current ratio of 3.10, a quick ratio of 2.15 and a debt-to-equity ratio of 0.47.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last posted its earnings results on Friday, October 27th. The transportation company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.23. The firm had revenue of $611.40 million for the quarter, compared to the consensus estimate of $647.98 million. Greenbrier Companies, Inc. (The) had a return on equity of 10.75% and a net margin of 5.35%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.06 earnings per share. sell-side analysts forecast that Greenbrier Companies, Inc. will post 3.97 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend is Tuesday, November 14th. This is an increase from Greenbrier Companies, Inc. (The)’s previous quarterly dividend of $0.22. Greenbrier Companies, Inc. (The)’s dividend payout ratio (DPR) is 24.04%.

Several equities analysts have weighed in on GBX shares. BidaskClub lowered Greenbrier Companies, Inc. (The) from a “sell” rating to a “strong sell” rating in a report on Monday, July 17th. Stifel Nicolaus raised Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and increased their price objective for the company from $48.00 to $51.00 in a report on Monday, July 17th. Zacks Investment Research lowered Greenbrier Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Cowen and Company reissued a “buy” rating and set a $57.00 price objective on shares of Greenbrier Companies, Inc. (The) in a report on Monday, August 28th. Finally, ValuEngine raised Greenbrier Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $53.57.

In other Greenbrier Companies, Inc. (The) news, CFO Lorie Tekorius sold 4,740 shares of the firm’s 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO William A. Furman sold 36,648 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $49.55, for a total value of $1,815,908.40. The disclosure for this sale can be found here. Insiders sold 76,218 shares of company stock worth $3,815,890 in the last quarter. 4.60% of the stock is currently owned by company insiders.

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Greenbrier Companies, Inc. (The) 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.

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

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