Intech Investment Management LLC Decreases Stock Holdings in Greenbrier Companies, Inc. (The) $GBX

Intech Investment Management LLC lowered its stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 63.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,851 shares of the transportation company’s stock after selling 45,425 shares during the quarter. Intech Investment Management LLC owned about 0.08% of Greenbrier Companies worth $1,208,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of GBX. Quarry LP increased its holdings in shares of Greenbrier Companies by 6,900.0% during the third quarter. Quarry LP now owns 1,120 shares of the transportation company’s stock valued at $52,000 after acquiring an additional 1,104 shares in the last quarter. State of Wyoming acquired a new position in shares of Greenbrier Companies during the third quarter valued at about $58,000. Danske Bank A S acquired a new position in shares of Greenbrier Companies during the fourth quarter valued at about $61,000. Tower Research Capital LLC TRC increased its holdings in shares of Greenbrier Companies by 282.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,040 shares of the transportation company’s stock valued at $140,000 after acquiring an additional 2,245 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Greenbrier Companies during the third quarter valued at about $180,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Stock Up 0.1%

Shares of NYSE GBX opened at $46.91 on Friday. The business’s 50 day moving average price is $49.49 and its 200 day moving average price is $49.97. The firm has a market cap of $1.45 billion, a P/E ratio of 10.13 and a beta of 1.44. Greenbrier Companies, Inc. has a 52 week low of $38.23 and a 52 week high of $59.19.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Tuesday, April 7th. The transportation company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.35). The firm had revenue of $587.50 million during the quarter, compared to analysts’ expectations of $667.02 million. Greenbrier Companies had a net margin of 5.12% and a return on equity of 8.94%. Greenbrier Companies’s quarterly revenue was down 22.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.56 EPS. As a group, research analysts expect that Greenbrier Companies, Inc. will post 3.2 earnings per share for the current year.

Greenbrier Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 20th were given a $0.34 dividend. The ex-dividend date was Monday, April 20th. This represents a $1.36 annualized dividend and a yield of 2.9%. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.32. Greenbrier Companies’s payout ratio is currently 29.37%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on GBX shares. Zacks Research downgraded shares of Greenbrier Companies from a “hold” rating to a “strong sell” rating in a report on Thursday, April 9th. Weiss Ratings upgraded shares of Greenbrier Companies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $49.00.

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.