De Lisle Partners LLP acquired a new position in Greenbrier Companies, Inc. (The) (NYSE:GBX – Free Report) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 100,336 shares of the transportation company’s stock, valued at approximately $4,916,000.
A number of other hedge funds also recently modified their holdings of the company. Heartland Advisors Inc. bought a new stake in shares of Greenbrier Companies during the second quarter valued at approximately $4,901,000. Donald Smith & CO. Inc. bought a new stake in shares of Greenbrier Companies in the 2nd quarter worth about $31,987,000. Meeder Asset Management Inc. acquired a new stake in shares of Greenbrier Companies during the second quarter worth approximately $50,000. Deutsche Bank AG acquired a new stake in Greenbrier Companies during the 2nd quarter valued at $3,300,000. Finally, Crown Advisors Management Inc. bought a new position in shares of Greenbrier Companies in the second quarter valued at about $1,715,000. Institutional investors own 95.59% of the company’s stock.
Greenbrier Companies Trading Up 0.5%
NYSE GBX opened at $46.05 on Friday. Greenbrier Companies, Inc. has a 12 month low of $38.23 and a 12 month high of $59.19. The stock has a 50-day simple moving average of $48.53 and a 200 day simple moving average of $50.49. The company has a market capitalization of $1.42 billion, a PE ratio of 13.66 and a beta of 1.43.
Greenbrier Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 6th. Investors of record on Thursday, July 16th were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, July 16th. This represents a $1.36 annualized dividend and a yield of 3.0%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 40.36%.
Analyst Upgrades and Downgrades
A number of analysts recently commented on the company. Weiss Ratings lowered Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Zacks Research upgraded shares of Greenbrier Companies from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Susquehanna cut shares of Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price objective on the stock. in a research note on Thursday, July 2nd. Finally, Wall Street Zen raised shares of Greenbrier Companies from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $45.00.
View Our Latest Report on Greenbrier Companies
Greenbrier Companies Profile
The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.
Greenbrier’s operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.
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