LSV Asset Management lifted its stake in Greenbrier Companies, Inc. (The) (NYSE:GBX – Free Report) by 18.4% during the 4th quarter, HoldingsChannel reports. The fund owned 789,711 shares of the transportation company’s stock after buying an additional 122,709 shares during the period. LSV Asset Management’s holdings in Greenbrier Companies were worth $36,911,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of GBX. AQR Capital Management LLC grew its stake in shares of Greenbrier Companies by 19.9% in the first quarter. AQR Capital Management LLC now owns 13,053 shares of the transportation company’s stock worth $669,000 after acquiring an additional 2,170 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Greenbrier Companies by 3.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,399 shares of the transportation company’s stock worth $4,323,000 after acquiring an additional 3,121 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of Greenbrier Companies by 22.4% in the first quarter. Intech Investment Management LLC now owns 33,244 shares of the transportation company’s stock worth $1,703,000 after acquiring an additional 6,073 shares during the last quarter. Hsbc Holdings PLC grew its stake in shares of Greenbrier Companies by 85.3% in the second quarter. Hsbc Holdings PLC now owns 12,002 shares of the transportation company’s stock worth $557,000 after acquiring an additional 5,525 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Greenbrier Companies by 9.0% in the second quarter. Invesco Ltd. now owns 477,218 shares of the transportation company’s stock worth $21,976,000 after acquiring an additional 39,350 shares during the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.
Greenbrier Companies Price Performance
GBX opened at $47.95 on Monday. Greenbrier Companies, Inc. has a fifty-two week low of $38.23 and a fifty-two week high of $59.19. The firm’s fifty day moving average price is $50.34 and its two-hundred day moving average price is $49.69. The company has a market capitalization of $1.48 billion, a P/E ratio of 10.36 and a beta of 1.48.
Greenbrier Companies Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, April 20th were paid a $0.34 dividend. The ex-dividend date was Monday, April 20th. This represents a $1.36 annualized dividend and a dividend yield of 2.8%. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.32. Greenbrier Companies’s dividend payout ratio is presently 29.37%.
Wall Street Analysts Forecast Growth
GBX has been the topic of a number of recent research reports. Zacks Research downgraded shares of Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 9th. Weiss Ratings upgraded shares of Greenbrier Companies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Finally, Susquehanna lifted their price target on shares of Greenbrier Companies from $52.00 to $60.00 and gave the stock a “positive” rating in a research note on Monday, January 26th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $49.00.
View Our Latest Stock Report on Greenbrier Companies
Greenbrier Companies Company Profile
The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.
Greenbrier’s operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.
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