TradeLink Capital LLC Purchases New Shares in The Greenbrier Companies, Inc. (NYSE:GBX)

TradeLink Capital LLC bought a new stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 11,992 shares of the transportation company’s stock, valued at approximately $594,000. Greenbrier Companies makes up about 1.8% of TradeLink Capital LLC’s portfolio, making the stock its 14th largest position.

Several other large investors also recently modified their holdings of the business. Meeder Asset Management Inc. purchased a new stake in Greenbrier Companies during the 2nd quarter worth approximately $67,000. ClariVest Asset Management LLC grew its position in shares of Greenbrier Companies by 13.5% during the second quarter. ClariVest Asset Management LLC now owns 24,212 shares of the transportation company’s stock worth $1,200,000 after buying an additional 2,887 shares in the last quarter. Texas Permanent School Fund Corp increased its stake in shares of Greenbrier Companies by 21.4% in the second quarter. Texas Permanent School Fund Corp now owns 33,039 shares of the transportation company’s stock worth $1,637,000 after buying an additional 5,828 shares during the last quarter. Quest Partners LLC acquired a new stake in Greenbrier Companies in the second quarter valued at $1,089,000. Finally, LSV Asset Management raised its holdings in Greenbrier Companies by 12.9% in the second quarter. LSV Asset Management now owns 246,233 shares of the transportation company’s stock valued at $12,201,000 after acquiring an additional 28,100 shares in the last quarter. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $57.50.

Greenbrier Companies Stock Performance

Greenbrier Companies stock opened at $46.50 on Friday. The company has a market cap of $1.45 billion, a PE ratio of 12.17, a P/E/G ratio of 0.55 and a beta of 1.53. The Greenbrier Companies, Inc. has a 12 month low of $32.00 and a 12 month high of $58.00. The company has a fifty day moving average price of $47.04 and a two-hundred day moving average price of $49.85. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Monday, July 8th. The transportation company reported $1.06 earnings per share for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.02). Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The business had revenue of $820.20 million for the quarter, compared to the consensus estimate of $928.73 million. During the same period in the prior year, the company earned $1.02 EPS. Greenbrier Companies’s quarterly revenue was down 21.0% on a year-over-year basis. Research analysts expect that The Greenbrier Companies, Inc. will post 4.35 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Tuesday, July 23rd were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.58%. The ex-dividend date was Tuesday, July 23rd. Greenbrier Companies’s dividend payout ratio (DPR) is 31.41%.

Insider Buying and Selling

In other Greenbrier Companies news, SVP Laurie R. Dornan sold 5,935 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $50.92, for a total value of $302,210.20. Following the sale, the senior vice president now directly owns 23,226 shares of the company’s stock, valued at $1,182,667.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.54% of the company’s stock.

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.