Crown Advisors Management Inc. Purchases Shares of 35,000 Greenbrier Companies, Inc. (The) $GBX

Crown Advisors Management Inc. purchased a new position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) during the 2nd quarter, Holdings Channel reports. The fund purchased 35,000 shares of the transportation company’s stock, valued at approximately $1,715,000.

A number of other large investors also recently modified their holdings of GBX. Gen Wealth Partners Inc acquired a new stake in shares of Greenbrier Companies in the fourth quarter valued at about $38,000. Quarry LP raised its holdings in Greenbrier Companies by 6,900.0% during the third quarter. Quarry LP now owns 1,120 shares of the transportation company’s stock worth $52,000 after acquiring an additional 1,104 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in Greenbrier Companies during the first quarter valued at approximately $54,000. Danske Bank A S acquired a new position in Greenbrier Companies during the fourth quarter valued at approximately $61,000. Finally, Tower Research Capital LLC TRC boosted its position in 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 purchasing an additional 2,245 shares during the last quarter. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Greenbrier Companies Stock Performance

Shares of GBX stock opened at $45.35 on Monday. The firm’s 50-day moving average is $48.72 and its 200-day moving average is $50.64. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 13.46 and a beta of 1.43. 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 Wednesday, July 1st. The transportation company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.03. The business had revenue of $576.50 million during the quarter, compared to the consensus estimate of $612.69 million. Greenbrier Companies had a net margin of 4.07% and a return on equity of 6.49%. Greenbrier Companies’s revenue was down 31.6% on a year-over-year basis. During the same period last year, the business posted $1.86 EPS. Sell-side analysts predict that Greenbrier Companies, Inc. will post 3.1 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 6th. Investors of record on Thursday, July 16th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, July 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.0%. Greenbrier Companies’s payout ratio is presently 40.36%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on GBX. Susquehanna lowered Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price target on the stock. in a research report on Thursday, July 2nd. Wall Street Zen raised Greenbrier Companies from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings downgraded Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Finally, Zacks Research raised shares of Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research note on Monday, June 8th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $45.00.

About Greenbrier Companies

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.