Olstein Capital Management L.P. raised its holdings in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 7.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 212,600 shares of the transportation company’s stock after purchasing an additional 14,026 shares during the period. Greenbrier Companies, Inc. (The) comprises approximately 1.3% of Olstein Capital Management L.P.’s holdings, making the stock its 20th largest holding. Olstein Capital Management L.P. owned about 0.75% of Greenbrier Companies, Inc. (The) worth $10,237,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Riverhead Capital Management LLC raised its position in shares of Greenbrier Companies, Inc. (The) by 69.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock valued at $102,000 after purchasing an additional 898 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of Greenbrier Companies, Inc. (The) by 872.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock valued at $130,000 after purchasing an additional 2,529 shares in the last quarter. US Bancorp DE raised its position in shares of Greenbrier Companies, Inc. (The) by 18.5% in the 2nd quarter. US Bancorp DE now owns 5,125 shares of the transportation company’s stock valued at $237,000 after purchasing an additional 800 shares in the last quarter. Macquarie Group Ltd. acquired a new position in shares of Greenbrier Companies, Inc. (The) in the 3rd quarter valued at approximately $265,000. Finally, State of Alaska Department of Revenue raised its position in shares of Greenbrier Companies, Inc. (The) by 79.2% in the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the transportation company’s stock valued at $259,000 after purchasing an additional 2,478 shares in the last quarter.

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Shares of Greenbrier Companies, Inc. (GBX) traded down $0.40 during midday trading on Wednesday, hitting $46.55. The stock had a trading volume of 354,300 shares, compared to its average volume of 496,108. The company has a market cap of $1,347.49, a P/E ratio of 12.45, a price-to-earnings-growth ratio of 1.25 and a beta of 1.99. The company has a quick ratio of 2.15, a current ratio of 3.10 and a debt-to-equity ratio of 0.47. Greenbrier Companies, Inc. has a 1-year low of $35.85 and a 1-year high of $52.75.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last issued its quarterly earnings data on Friday, October 27th. The transportation company reported $0.86 EPS for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.23. The firm had revenue of $611.40 million during 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 firm’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.06 EPS. research analysts forecast that Greenbrier Companies, Inc. will post 3.97 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be paid a dividend of $0.23 per share. This is an increase from Greenbrier Companies, Inc. (The)’s previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Tuesday, November 14th. Greenbrier Companies, Inc. (The)’s dividend payout ratio is presently 25.14%.

In related news, EVP Alejandro Centurion sold 5,500 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $52.21, for a total transaction of $287,155.00. Following the completion of the transaction, the executive vice president now directly owns 19,593 shares in the company, valued at approximately $1,022,950.53. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO William A. Furman sold 36,648 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was 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. Over the last 90 days, insiders have sold 289,570 shares of company stock valued at $13,824,232. 2.46% of the stock is owned by company insiders.

A number of brokerages have recently weighed in on GBX. Zacks Investment Research downgraded Greenbrier Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Friday, August 4th. BidaskClub upgraded Greenbrier Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Monday, August 14th. Buckingham Research boosted their price target on Greenbrier Companies, Inc. (The) from $45.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, October 5th. Cowen and Company reiterated an “outperform” rating and issued a $58.00 price target (up from $57.00) on shares of Greenbrier Companies, Inc. (The) in a report on Thursday, October 5th. Finally, KeyCorp reiterated a “buy” rating and issued a $60.00 price target on shares of Greenbrier Companies, Inc. (The) in a report on Tuesday, October 24th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. Greenbrier Companies, Inc. (The) presently has a consensus rating of “Buy” and a consensus price target of $53.57.

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.

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

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