Westhampton Capital LLC Makes New $207,000 Investment in The Greenbrier Companies, Inc. (NYSE:GBX)

Westhampton Capital LLC purchased a new stake in The Greenbrier Companies, Inc. (NYSE:GBX) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 3,400 shares of the transportation company’s stock, valued at approximately $207,000.

Several other hedge funds have also modified their holdings of GBX. R Squared Ltd purchased a new position in shares of Greenbrier Companies in the 4th quarter valued at about $26,000. GAMMA Investing LLC grew its position in Greenbrier Companies by 60.9% during the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock worth $28,000 after buying an additional 207 shares during the period. Gladius Capital Management LP purchased a new position in Greenbrier Companies in the third quarter valued at about $32,000. NBC Securities Inc. acquired a new stake in shares of Greenbrier Companies during the 3rd quarter valued at approximately $55,000. Finally, KBC Group NV boosted its stake in shares of Greenbrier Companies by 57.8% during the 4th quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock worth $89,000 after acquiring an additional 537 shares in the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Ricardo Galvan sold 4,950 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total value of $321,750.00. Following the transaction, the senior vice president now directly owns 27,472 shares of the company’s stock, valued at approximately $1,785,680. This trade represents a 15.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO William J. Krueger sold 2,000 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $58.78, for a total value of $117,560.00. Following the sale, the chief operating officer now directly owns 48,714 shares of the company’s stock, valued at approximately $2,863,408.92. This trade represents a 3.94 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.78% of the company’s stock.

Greenbrier Companies Price Performance

Greenbrier Companies stock opened at $66.49 on Thursday. The firm’s 50-day moving average is $65.37 and its two-hundred day moving average is $56.42. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The stock has a market capitalization of $2.08 billion, a P/E ratio of 11.60, a P/E/G ratio of 0.98 and a beta of 1.54. The Greenbrier Companies, Inc. has a 12-month low of $41.40 and a 12-month high of $71.06.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.56. The business had revenue of $875.90 million for the quarter, compared to analysts’ expectations of $849.51 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business’s revenue was up 8.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 earnings per share. Equities analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Wednesday, January 29th. Greenbrier Companies’s dividend payout ratio is currently 20.94%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Bank of America lifted their price objective on Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a report on Thursday, January 9th. Susquehanna boosted their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research report on Monday, October 21st. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $63.00.

Greenbrier Companies Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.