Frontier Capital Management Co. LLC Has $27.28 Million Stock Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Frontier Capital Management Co. LLC cut its holdings in The Greenbrier Companies, Inc. (NYSE:GBX) by 20.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 447,304 shares of the transportation company’s stock after selling 113,222 shares during the period. Frontier Capital Management Co. LLC owned approximately 1.43% of Greenbrier Companies worth $27,281,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Tidal Investments LLC boosted its stake in shares of Greenbrier Companies by 27.9% in the third quarter. Tidal Investments LLC now owns 5,454 shares of the transportation company’s stock valued at $278,000 after buying an additional 1,190 shares during the period. Franklin Resources Inc. lifted its position in shares of Greenbrier Companies by 3.1% during the 3rd quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company’s stock valued at $990,000 after acquiring an additional 562 shares during the period. Cullen Investment Group LTD. grew its holdings in shares of Greenbrier Companies by 1.0% during the 4th quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company’s stock worth $1,200,000 after purchasing an additional 204 shares in the last quarter. Carolina Wealth Advisors LLC increased its position in shares of Greenbrier Companies by 2.4% in the fourth quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company’s stock worth $845,000 after purchasing an additional 331 shares during the period. Finally, Hennessy Advisors Inc. raised its stake in Greenbrier Companies by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 197,300 shares of the transportation company’s stock valued at $12,033,000 after purchasing an additional 12,600 shares in the last quarter. 95.59% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

GBX has been the topic of a number of research analyst reports. Susquehanna reduced their target price on Greenbrier Companies from $75.00 to $52.00 and set a “positive” rating on the stock in a report on Tuesday, April 8th. Bank of America boosted their target price on Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a research note on Thursday, January 9th.

Greenbrier Companies Price Performance

Greenbrier Companies stock opened at $44.75 on Friday. The company has a market capitalization of $1.40 billion, a PE ratio of 7.81, a P/E/G ratio of 0.80 and a beta of 1.79. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89. The stock has a 50-day moving average price of $47.64 and a two-hundred day moving average price of $57.95. The Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Monday, April 7th. The transportation company reported $1.69 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.09). Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The company had revenue of $762.10 million during the quarter, compared to analyst estimates of $898.53 million. During the same period in the prior year, the firm earned $1.03 earnings per share. Greenbrier Companies’s revenue was down 11.7% compared to the same quarter last year. Analysts expect that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd will be issued a $0.32 dividend. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Tuesday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is currently 20.45%.

Greenbrier Companies Company 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.