Segall Bryant & Hamill LLC reduced its holdings in The Greenbrier Companies, Inc. (NYSE:GBX – Free Report) by 13.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,566 shares of the transportation company’s stock after selling 13,802 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Greenbrier Companies were worth $5,524,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new stake in shares of Greenbrier Companies in the 4th quarter worth approximately $26,000. Smartleaf Asset Management LLC raised its holdings in Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock worth $56,000 after purchasing an additional 644 shares in the last quarter. KBC Group NV lifted its position in Greenbrier Companies by 57.8% in the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock worth $89,000 after purchasing an additional 537 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Greenbrier Companies in the third quarter worth approximately $107,000. Finally, Westhampton Capital LLC bought a new position in Greenbrier Companies during the 4th quarter valued at $207,000. Institutional investors own 95.59% of the company’s stock.
Greenbrier Companies Stock Down 0.4 %
GBX stock opened at $53.13 on Friday. The firm has a market cap of $1.67 billion, a PE ratio of 9.27, a P/E/G ratio of 0.80 and a beta of 1.62. The Greenbrier Companies, Inc. has a 12 month low of $41.40 and a 12 month high of $71.06. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The firm has a 50 day simple moving average of $59.53 and a 200 day simple moving average of $59.34.
Greenbrier Companies Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were paid a $0.30 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $1.20 dividend on an annualized basis and a yield of 2.26%. Greenbrier Companies’s dividend payout ratio is currently 20.94%.
Wall Street Analyst Weigh In
Separately, Bank of America boosted their price objective on Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a research note on Thursday, January 9th. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $63.00.
Read Our Latest Report on Greenbrier Companies
Insider Buying and Selling
In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $63.21, for a total value of $126,420.00. Following the completion of the transaction, the chief operating officer now directly owns 42,714 shares in the company, valued at $2,699,951.94. This trade represents a 4.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 1.78% of the stock is currently owned by company insiders.
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.
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