Segall Bryant & Hamill LLC Boosts Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Segall Bryant & Hamill LLC increased its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 1.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 104,368 shares of the transportation company’s stock after purchasing an additional 1,498 shares during the quarter. Segall Bryant & Hamill LLC owned 0.33% of Greenbrier Companies worth $5,311,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. First Hawaiian Bank purchased a new stake in Greenbrier Companies during the 2nd quarter worth approximately $801,000. SG Capital Management LLC acquired a new stake in Greenbrier Companies in the first quarter valued at $4,594,000. Harbor Capital Advisors Inc. boosted its stake in Greenbrier Companies by 270.0% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 21,019 shares of the transportation company’s stock valued at $1,041,000 after acquiring an additional 15,338 shares during the last quarter. Caxton Associates LP acquired a new position in Greenbrier Companies during the 1st quarter worth $1,435,000. Finally, Comerica Bank increased its position in shares of Greenbrier Companies by 265.8% in the 1st quarter. Comerica Bank now owns 52,149 shares of the transportation company’s stock worth $2,717,000 after purchasing an additional 37,892 shares during the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, SVP Ricardo Galvan sold 1,388 shares of Greenbrier Companies stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $62.00, for a total transaction of $86,056.00. Following the transaction, the senior vice president now directly owns 32,388 shares in the company, valued at approximately $2,008,056. The trade was a 4.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO William J. Krueger sold 2,000 shares of the company’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 completion of the transaction, the chief operating officer now owns 48,714 shares in the company, valued at $2,863,408.92. This represents a 3.94 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 12,703 shares of company stock valued at $790,338. 1.78% of the stock is owned by insiders.

Greenbrier Companies Price Performance

Shares of GBX opened at $66.65 on Friday. The Greenbrier Companies, Inc. has a 12 month low of $36.22 and a 12 month high of $67.22. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.58 and a quick ratio of 0.87. The stock has a fifty day moving average price of $55.87 and a 200 day moving average price of $51.46. The company has a market cap of $2.09 billion, a P/E ratio of 13.36, a PEG ratio of 1.88 and a beta of 1.51.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.32 by $0.60. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.05 billion. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. The company’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 earnings per share. On average, research analysts forecast that The Greenbrier Companies, Inc. will post 5.2 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio is presently 24.14%.

Analysts Set New Price Targets

GBX has been the subject of a number of research reports. Bank of America lifted their price target on Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a research note on Thursday, October 24th. Susquehanna boosted their price target on Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a report on Monday, October 21st. Finally, StockNews.com lowered Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat, Greenbrier Companies has an average rating of “Hold” and an average price target of $60.00.

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.