Tiptree Advisors LLC bought a new stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 51,709 shares of the transportation company’s stock, valued at approximately $2,534,000. Greenbrier Companies comprises 1.6% of Tiptree Advisors LLC’s investment portfolio, making the stock its 21st largest position.
Other large investors have also recently added to or reduced their stakes in the company. Gen Wealth Partners Inc acquired a new stake in shares of Greenbrier Companies during the 4th quarter valued at $38,000. Meeder Asset Management Inc. acquired a new position in shares of Greenbrier Companies in the 1st quarter worth $54,000. Quarry LP grew its holdings in shares of Greenbrier Companies by 6,900.0% in the 3rd quarter. Quarry LP now owns 1,120 shares of the transportation company’s stock worth $52,000 after acquiring an additional 1,104 shares during the last quarter. Danske Bank A S acquired a new stake in shares of Greenbrier Companies during the fourth quarter worth $61,000. Finally, State of Wyoming acquired a new stake in shares of Greenbrier Companies during the first quarter worth $149,000. 95.59% of the stock is currently owned by institutional investors.
Greenbrier Companies Price Performance
Shares of NYSE GBX opened at $46.21 on Thursday. Greenbrier Companies, Inc. has a one year low of $38.23 and a one year high of $59.19. The business’s 50-day moving average price is $48.35 and its two-hundred day moving average price is $50.33. The company has a market capitalization of $1.43 billion, a P/E ratio of 13.71 and a beta of 1.43.
Greenbrier Companies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 6th. Investors of record on Thursday, July 16th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Thursday, July 16th. Greenbrier Companies’s dividend payout ratio (DPR) is presently 40.36%.
Analyst Ratings Changes
Several equities research analysts have recently commented on GBX shares. Weiss Ratings downgraded Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Susquehanna cut Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price target on the stock. in a research note on Thursday, July 2nd. Wall Street Zen upgraded Greenbrier Companies from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Zacks Research raised shares of Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research note on Monday, June 8th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Greenbrier Companies currently has an average rating of “Reduce” and an average target price of $45.00.
Get Our Latest 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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