Y Intercept Hong Kong Ltd Buys New Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Y Intercept Hong Kong Ltd purchased a new stake in The Greenbrier Companies, Inc. (NYSE:GBX) during the 4th quarter, Holdings Channel.com reports. The fund purchased 9,831 shares of the transportation company’s stock, valued at approximately $600,000.

Other hedge funds also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new position in Greenbrier Companies in the fourth quarter valued at approximately $26,000. Gladius Capital Management LP acquired a new stake in Greenbrier Companies during the 3rd quarter worth $32,000. KBC Group NV grew its position in 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 purchasing an additional 537 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Greenbrier Companies in the third quarter valued at $107,000. Finally, Westhampton Capital LLC purchased a new stake in shares of Greenbrier Companies in the fourth quarter valued at about $207,000. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Greenbrier Companies Stock Up 1.9 %

Shares of Greenbrier Companies stock opened at $56.13 on Friday. The Greenbrier Companies, Inc. has a one year low of $41.40 and a one year high of $71.06. The company has a market cap of $1.76 billion, a P/E ratio of 9.79, a PEG ratio of 0.80 and a beta of 1.52. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53. The firm has a fifty day moving average of $62.60 and a two-hundred day moving average of $58.45.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results 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. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The firm had revenue of $875.90 million during the quarter, compared to analysts’ expectations of $849.51 million. During the same period in the prior year, the company posted $0.96 earnings per share. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. On average, analysts forecast that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, January 29th. Greenbrier Companies’s payout ratio is 20.94%.

Insiders Place Their Bets

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total transaction of $126,420.00. Following the transaction, the chief operating officer now owns 42,714 shares in the company, valued at approximately $2,699,951.94. The trade was a 4.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.78% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, Bank of America boosted their price target on Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a research report on Thursday, January 9th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $63.00.

About Greenbrier Companies

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.