Greenbrier Companies, Inc. (The) $GBX Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC decreased its holdings in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 7.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 72,002 shares of the transportation company’s stock after selling 5,784 shares during the period. Segall Bryant & Hamill LLC’s holdings in Greenbrier Companies were worth $3,316,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Amundi boosted its position in shares of Greenbrier Companies by 141.0% in the first quarter. Amundi now owns 37,934 shares of the transportation company’s stock worth $1,787,000 after acquiring an additional 22,194 shares during the last quarter. Mengis Capital Management Inc. purchased a new position in Greenbrier Companies during the second quarter worth approximately $576,000. Millennium Management LLC raised its stake in Greenbrier Companies by 260.2% during the first quarter. Millennium Management LLC now owns 741,760 shares of the transportation company’s stock worth $37,993,000 after purchasing an additional 535,843 shares during the period. Dynamic Technology Lab Private Ltd boosted its holdings in shares of Greenbrier Companies by 66.1% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 18,010 shares of the transportation company’s stock valued at $922,000 after purchasing an additional 7,168 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Greenbrier Companies by 24.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 8,139 shares of the transportation company’s stock valued at $417,000 after buying an additional 1,623 shares during the period. Institutional investors and hedge funds own 95.59% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GBX. Zacks Research lowered Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 30th. The Goldman Sachs Group started coverage on Greenbrier Companies in a research note on Friday. They set a “sell” rating and a $38.00 price target for the company. Wall Street Zen downgraded Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a report on Saturday, November 1st. Susquehanna reduced their price objective on Greenbrier Companies from $57.00 to $52.00 and set a “positive” rating on the stock in a research note on Wednesday, October 29th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Greenbrier Companies in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $50.67.

Greenbrier Companies Trading Down 0.3%

Shares of GBX opened at $43.32 on Tuesday. Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The stock’s 50-day moving average is $44.42 and its two-hundred day moving average is $46.20. 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 stock has a market cap of $1.35 billion, a PE ratio of 6.88, a P/E/G ratio of 1.82 and a beta of 1.75.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, May 31st. The transportation company reported $0.05 EPS for the quarter. The business 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%. Equities analysts forecast that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

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