Atom Investors LP Has $1.06 Million Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Atom Investors LP trimmed its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 85.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,741 shares of the transportation company’s stock after selling 124,374 shares during the quarter. Atom Investors LP’s holdings in Greenbrier Companies were worth $1,056,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in GBX. Harbor Capital Advisors Inc. lifted its position in shares of Greenbrier Companies by 270.0% in 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 in the last quarter. Comerica Bank lifted its position in shares of Greenbrier Companies by 265.8% in the first 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 in the last quarter. International Assets Investment Management LLC lifted its position in shares of Greenbrier Companies by 4,988.9% in the third quarter. International Assets Investment Management LLC now owns 23,460 shares of the transportation company’s stock worth $11,940,000 after purchasing an additional 22,999 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in shares of Greenbrier Companies by 1.2% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company’s stock worth $80,111,000 after purchasing an additional 18,552 shares during the period. Finally, Encompass Capital Advisors LLC purchased a new position in Greenbrier Companies during the second quarter valued at approximately $19,820,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Insider Activity

In other news, SVP Ricardo Galvan sold 4,950 shares of Greenbrier Companies stock in a transaction dated 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 in the company, valued at approximately $1,785,680. The trade was a 15.27 % decrease in their ownership of the stock. 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 stock in a transaction that occurred on 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 owns 48,714 shares of the company’s stock, valued at approximately $2,863,408.92. The trade was a 3.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,703 shares of company stock valued at $790,338 over the last 90 days. 1.78% of the stock is currently owned by company insiders.

Greenbrier Companies Trading Down 0.3 %

Shares of NYSE:GBX opened at $68.22 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $2.14 billion, a PE ratio of 13.73, a P/E/G ratio of 1.99 and a beta of 1.53. The Greenbrier Companies, Inc. has a 1 year low of $38.12 and a 1 year high of $69.12. The firm has a fifty day moving average price of $58.74 and a 200 day moving average price of $52.29.

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

Greenbrier Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $1.20 annualized dividend and a yield of 1.76%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 24.14%.

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.