Fox Run Management L.L.C. Sells 8,353 Shares of Greenbrier Companies, Inc. (The) $GBX

Fox Run Management L.L.C. decreased its holdings in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 51.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,918 shares of the transportation company’s stock after selling 8,353 shares during the quarter. Fox Run Management L.L.C.’s holdings in Greenbrier Companies were worth $365,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Millennium Management LLC grew its stake in shares of Greenbrier Companies by 260.2% in the first quarter. Millennium Management LLC now owns 741,760 shares of the transportation company’s stock worth $37,993,000 after acquiring an additional 535,843 shares during the period. Cubist Systematic Strategies LLC boosted its holdings in Greenbrier Companies by 268.6% in the first quarter. Cubist Systematic Strategies LLC now owns 379,073 shares of the transportation company’s stock worth $19,416,000 after purchasing an additional 276,228 shares during the last quarter. Vanguard Group Inc. grew its position in Greenbrier Companies by 6.8% in the 1st quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company’s stock worth $193,541,000 after purchasing an additional 242,180 shares during the period. Nuveen LLC purchased a new stake in Greenbrier Companies during the 1st quarter valued at $6,602,000. Finally, Driehaus Capital Management LLC purchased a new stake in Greenbrier Companies during the 1st quarter valued at $5,966,000. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Stock Performance

Shares of GBX opened at $42.66 on Thursday. The business has a 50-day simple moving average of $45.07 and a two-hundred day simple moving average of $46.23. The company has a quick ratio of 0.82, a current ratio of 2.43 and a debt-to-equity ratio of 1.03. Greenbrier Companies, Inc. has a 52 week low of $37.77 and a 52 week high of $71.06. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 6.77, a PEG ratio of 1.82 and a beta of 1.75.

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

Greenbrier Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 12th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, November 12th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.0%. Greenbrier Companies’s dividend payout ratio is 20.32%.

Wall Street Analysts Forecast Growth

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

About Greenbrier Companies

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.