Engineers Gate Manager LP reduced its position in shares of Greenbrier Companies Inc (NYSE:GBX) by 14.3% during the 4th quarter, Holdings Channel reports. The firm owned 35,803 shares of the transportation company’s stock after selling 5,953 shares during the quarter. Engineers Gate Manager LP’s holdings in Greenbrier Companies were worth $1,908,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. New York State Common Retirement Fund grew its holdings in shares of Greenbrier Companies by 0.3% during the second quarter. New York State Common Retirement Fund now owns 28,900 shares of the transportation company’s stock worth $1,337,000 after purchasing an additional 99 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Greenbrier Companies by 0.8% during the second quarter. The Manufacturers Life Insurance Company now owns 20,989 shares of the transportation company’s stock worth $970,000 after purchasing an additional 172 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Greenbrier Companies by 0.9% during the second quarter. PNC Financial Services Group Inc. now owns 19,962 shares of the transportation company’s stock worth $923,000 after purchasing an additional 176 shares during the last quarter. Thrivent Financial For Lutherans grew its holdings in shares of Greenbrier Companies by 6.2% during the second quarter. Thrivent Financial For Lutherans now owns 17,170 shares of the transportation company’s stock worth $794,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Greenbrier Companies by 10.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,366 shares of the transportation company’s stock worth $606,000 after purchasing an additional 1,046 shares during the last quarter.

Several research firms have recently weighed in on GBX. ValuEngine upgraded Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Seaport Global Securities initiated coverage on Greenbrier Companies in a report on Thursday, January 4th. They issued a “buy” rating and a $65.00 target price on the stock. Finally, KeyCorp reiterated a “buy” rating and issued a $60.00 target price on shares of Greenbrier Companies in a report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $59.00.

In other Greenbrier Companies news, CEO William A. Furman sold 117,652 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $46.91, for a total transaction of $5,519,055.32. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO William A. Furman sold 36,648 shares of the stock in a transaction that occurred 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. Insiders sold 255,000 shares of company stock worth $12,084,251 over the last quarter. 2.46% of the stock is currently owned by company insiders.

Shares of Greenbrier Companies Inc (GBX) opened at $47.75 on Wednesday. Greenbrier Companies Inc has a twelve month low of $40.45 and a twelve month high of $54.45. The company has a market capitalization of $1,366.15, a P/E ratio of 12.91, a P/E/G ratio of 1.23 and a beta of 1.67. The company has a quick ratio of 2.04, a current ratio of 2.96 and a debt-to-equity ratio of 0.47.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Friday, January 5th. The transportation company reported $0.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.02. Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The business had revenue of $559.50 million for the quarter, compared to analysts’ expectations of $591.05 million. During the same period in the prior year, the business posted $0.79 earnings per share. The firm’s revenue was up 1.3% on a year-over-year basis. equities analysts predict that Greenbrier Companies Inc will post 4.07 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Friday, January 26th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.93%. The ex-dividend date is Thursday, January 25th. Greenbrier Companies’s payout ratio is presently 24.86%.

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Greenbrier Companies 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.

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Institutional Ownership by Quarter for Greenbrier Companies (NYSE:GBX)

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