King Luther Capital Management Corp Has $230,000 Position in Greenbrier Companies, Inc. (The) $GBX

King Luther Capital Management Corp trimmed its holdings in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 33.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 5,000 shares of the transportation company’s stock after selling 2,500 shares during the period. King Luther Capital Management Corp’s holdings in Greenbrier Companies were worth $230,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. US Bancorp DE grew its position in Greenbrier Companies by 111.1% during the first quarter. US Bancorp DE now owns 1,121 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 590 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Greenbrier Companies during the 1st quarter worth about $86,000. National Bank of Canada FI grew its stake in shares of Greenbrier Companies by 597.6% in the 1st quarter. National Bank of Canada FI now owns 2,044 shares of the transportation company’s stock valued at $105,000 after buying an additional 1,751 shares in the last quarter. Vestcor Inc bought a new position in Greenbrier Companies during the first quarter valued at approximately $114,000. Finally, Teacher Retirement System of Texas acquired a new position in shares of Greenbrier Companies during the 1st quarter worth $235,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Zacks Research downgraded Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 30th. Susquehanna lowered their price objective on shares of Greenbrier Companies from $57.00 to $52.00 and set a “positive” rating on the stock in a research note on Wednesday, October 29th. Wall Street Zen downgraded shares of Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a report on Saturday, November 1st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Greenbrier Companies in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $57.00.

Greenbrier Companies Stock Down 1.8%

GBX opened at $42.33 on Wednesday. The company has a market capitalization of $1.31 billion, a P/E ratio of 6.72, a P/E/G ratio of 1.82 and a beta of 1.75. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.43 and a quick ratio of 0.82. The firm’s fifty day moving average price is $45.13 and its two-hundred day moving average price is $46.25. Greenbrier Companies, Inc. has a fifty-two week low of $37.77 and a fifty-two week high of $71.06.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Wednesday, May 31st. The transportation company reported $0.05 EPS for the quarter. Greenbrier Companies had a net margin of 6.30% and a return on equity of 12.90%. The company had revenue of $766.50 million during the quarter. On average, analysts anticipate that Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 12th will be paid a dividend of $0.32 per share. The ex-dividend date is Wednesday, November 12th. This represents a $1.28 dividend on an annualized basis and a yield of 3.0%. Greenbrier Companies’s dividend payout ratio (DPR) is currently 20.32%.

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.