Daiwa Securities Group Inc. trimmed its position in shares of Greenbrier Companies Inc (NYSE:GBX) by 40.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,000 shares of the transportation company’s stock after selling 35,400 shares during the quarter. Daiwa Securities Group Inc. owned 0.18% of Greenbrier Companies worth $2,825,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eqis Capital Management Inc. bought a new stake in shares of Greenbrier Companies in the fourth quarter valued at about $206,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Greenbrier Companies during the fourth quarter valued at about $245,000. Macquarie Group Ltd. acquired a new position in shares of Greenbrier Companies during the third quarter valued at about $265,000. Piedmont Investment Advisors LLC acquired a new position in shares of Greenbrier Companies during the second quarter valued at about $284,000. Finally, Jennison Associates LLC acquired a new position in shares of Greenbrier Companies during the third quarter valued at about $285,000.
Greenbrier Companies Inc (NYSE GBX) traded up $1.80 during midday trading on Wednesday, hitting $53.95. The stock had a trading volume of 135,767 shares, compared to its average volume of 435,863. The stock has a market cap of $1,480.95, a PE ratio of 14.46, a PEG ratio of 1.32 and a beta of 1.67. The company has a current ratio of 2.96, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47. Greenbrier Companies Inc has a fifty-two week low of $40.45 and a fifty-two week high of $54.45.
Greenbrier Companies (NYSE:GBX) last announced its earnings results on Friday, January 5th. The transportation company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.02. Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The company had revenue of $559.50 million during the quarter, compared to analysts’ expectations of $591.05 million. During the same period last year, the business posted $0.79 EPS. Greenbrier Companies’s revenue for the quarter was up 1.3% on a year-over-year basis. analysts expect that Greenbrier Companies Inc will post 4.12 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, February 16th. Shareholders of record on Friday, January 26th were paid a $0.23 dividend. The ex-dividend date was Thursday, January 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.71%. Greenbrier Companies’s dividend payout ratio (DPR) is currently 24.86%.
GBX has been the topic of a number of recent research reports. Stifel Nicolaus set a $55.00 target price on Greenbrier Companies and gave the company a “buy” rating in a research report on Friday, February 9th. Seaport Global Securities began coverage on Greenbrier Companies in a research report on Thursday, January 4th. They issued a “buy” rating and a $65.00 price objective on the stock. ValuEngine raised Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Finally, KeyCorp reaffirmed a “buy” rating and set a $60.00 target price on shares of Greenbrier Companies in a research note on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and two have given a strong buy rating to the company. Greenbrier Companies presently has a consensus rating of “Buy” and a consensus target price of $58.29.
In other Greenbrier Companies news, EVP Alejandro Centurion sold 5,000 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $52.00, for a total value of $260,000.00. Following the transaction, the executive vice president now directly owns 13,523 shares in the company, valued at approximately $703,196. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.46% of the company’s stock.
About Greenbrier Companies
The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.
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