Barrow Hanley Mewhinney & Strauss LLC Has $89.61 Million Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Barrow Hanley Mewhinney & Strauss LLC lowered its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 8.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,469,306 shares of the transportation company’s stock after selling 136,424 shares during the period. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Greenbrier Companies were worth $89,613,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. R Squared Ltd bought a new position in Greenbrier Companies during the fourth quarter worth about $26,000. Smartleaf Asset Management LLC increased its holdings in shares of Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock worth $56,000 after purchasing an additional 644 shares during the period. KBC Group NV raised its position in shares of Greenbrier Companies by 57.8% in the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock valued at $89,000 after buying an additional 537 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Greenbrier Companies in the third quarter valued at approximately $107,000. Finally, Westhampton Capital LLC acquired a new stake in Greenbrier Companies during the fourth quarter worth approximately $207,000. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Stock Down 2.2 %

Shares of GBX opened at $51.84 on Friday. The firm has a 50 day simple moving average of $59.23 and a two-hundred day simple moving average of $59.49. 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 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 $1.63 billion, a P/E ratio of 9.05, a P/E/G ratio of 0.80 and a beta of 1.62.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.56. The company had revenue of $875.90 million during 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%. Greenbrier Companies’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.96 EPS. Research analysts forecast that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.31%. The ex-dividend date was Wednesday, January 29th. Greenbrier Companies’s dividend payout ratio (DPR) is currently 20.94%.

Analysts Set New Price Targets

Separately, Bank of America upped their target price 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 company’s stock. According to MarketBeat, Greenbrier Companies has an average rating of “Hold” and an average target price of $63.00.

Insider Buying and Selling

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction dated 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 directly owns 42,714 shares of the company’s stock, valued at approximately $2,699,951.94. The trade was a 4.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.78% of the stock is currently owned by insiders.

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.