Brandywine Global Investment Management LLC Sells 5,306 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Brandywine Global Investment Management LLC decreased its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 3.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 151,721 shares of the transportation company’s stock after selling 5,306 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.47% of The Greenbrier Companies worth $6,612,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in GBX. Franklin Resources Inc. raised its holdings in The Greenbrier Companies by 29.4% during the 1st quarter. Franklin Resources Inc. now owns 3,547,423 shares of the transportation company’s stock worth $167,509,000 after purchasing an additional 806,533 shares during the last quarter. Deprince Race & Zollo Inc. grew its position in shares of The Greenbrier Companies by 44.3% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 710,767 shares of the transportation company’s stock worth $30,975,000 after buying an additional 218,317 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of The Greenbrier Companies by 128.7% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,238 shares of the transportation company’s stock worth $8,086,000 after buying an additional 96,374 shares during the period. Atom Investors LP acquired a new stake in shares of The Greenbrier Companies during the 1st quarter worth approximately $4,258,000. Finally, Geode Capital Management LLC grew its position in shares of The Greenbrier Companies by 15.4% during the 1st quarter. Geode Capital Management LLC now owns 544,698 shares of the transportation company’s stock worth $25,720,000 after buying an additional 72,749 shares during the period. Hedge funds and other institutional investors own 98.45% of the company’s stock.

Shares of The Greenbrier Companies stock opened at $44.99 on Thursday. The Greenbrier Companies, Inc. has a 52-week low of $26.01 and a 52-week high of $50.21. The stock’s 50-day simple moving average is $43.73 and its 200 day simple moving average is $44.65. The stock has a market capitalization of $1.46 billion, a P/E ratio of 4,503.50, a P/E/G ratio of 1.99 and a beta of 1.56. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.23 and a current ratio of 1.91.

Several brokerages have recently commented on GBX. Wells Fargo & Company reaffirmed a “buy” rating on shares of The Greenbrier Companies in a research report on Wednesday, July 21st. Susquehanna raised shares of The Greenbrier Companies from a “neutral” rating to a “positive” rating and lifted their price objective for the stock from $49.00 to $56.00 in a report on Monday, July 26th. Bank of America raised shares of The Greenbrier Companies from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $45.00 to $52.00 in a report on Monday, July 12th. Finally, Zacks Investment Research cut The Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 6th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $49.60.

In related news, Director Charles J. Swindells sold 2,000 shares of the business’s stock in a transaction dated Friday, July 16th. The stock was sold at an average price of $42.21, for a total value of $84,420.00. Following the sale, the director now directly owns 40,246 shares in the company, valued at approximately $1,698,783.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.74% of the company’s stock.

The Greenbrier Companies Company Profile

Greenbrier Cos., Inc engages in the design, manufacture, and marketing of railroad freight car equipment. It operates through the following segments: Manufacturing; Wheels, Repair and Parts; and Leasing and Services. The Manufacturing segment includes double-stack intermodal railcars, tank cars, and marine vessels.

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

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