Point72 Asia Singapore Pte. Ltd. Sells 1,368 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Point72 Asia Singapore Pte. Ltd. reduced its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 65.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 737 shares of the transportation company’s stock after selling 1,368 shares during the period. Point72 Asia Singapore Pte. Ltd.’s holdings in Greenbrier Companies were worth $45,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Encompass Capital Advisors LLC grew its position in Greenbrier Companies by 26.2% during the fourth quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company’s stock worth $56,735,000 after buying an additional 193,340 shares in the last quarter. LSV Asset Management raised its holdings in shares of Greenbrier Companies by 94.3% in the 4th quarter. LSV Asset Management now owns 545,185 shares of the transportation company’s stock valued at $33,251,000 after acquiring an additional 264,552 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Greenbrier Companies by 2.0% during the 4th quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company’s stock valued at $32,714,000 after acquiring an additional 10,521 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Greenbrier Companies by 5.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 518,819 shares of the transportation company’s stock worth $31,643,000 after purchasing an additional 27,683 shares in the last quarter. Finally, Bridgeway Capital Management LLC grew its holdings in shares of Greenbrier Companies by 31.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 398,226 shares of the transportation company’s stock worth $24,288,000 after purchasing an additional 94,912 shares in the last quarter. Institutional investors own 95.59% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Susquehanna dropped their target price on shares of Greenbrier Companies from $75.00 to $52.00 and set a “positive” rating for the company in a research report on Tuesday, April 8th.

Insiders Place Their Bets

In other news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $48.00, for a total value of $96,000.00. Following the transaction, the chief operating officer now owns 36,714 shares in the company, valued at approximately $1,762,272. The trade was a 5.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.78% of the company’s stock.

Greenbrier Companies Stock Up 0.3%

Shares of NYSE:GBX opened at $47.44 on Monday. The firm has a market capitalization of $1.49 billion, a PE ratio of 8.28, a price-to-earnings-growth ratio of 0.80 and a beta of 1.79. 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 Greenbrier Companies, Inc. has a 52-week low of $37.77 and a 52-week high of $71.06. The firm has a fifty day moving average of $46.68 and a 200 day moving average of $57.45.

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

Greenbrier Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Tuesday, April 22nd were paid a dividend of $0.32 per share. The ex-dividend date was Tuesday, April 22nd. This is an increase from Greenbrier Companies’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 2.70%. Greenbrier Companies’s dividend payout ratio (DPR) is 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.