The Greenbrier Companies, Inc. (NYSE:GBX) Shares Bought by Hodges Capital Management Inc.

Hodges Capital Management Inc. grew its holdings in The Greenbrier Companies, Inc. (NYSE:GBX) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 348,325 shares of the transportation company’s stock after purchasing an additional 29,231 shares during the quarter. Greenbrier Companies comprises approximately 1.3% of Hodges Capital Management Inc.’s portfolio, making the stock its 20th largest holding. Hodges Capital Management Inc. owned approximately 1.11% of Greenbrier Companies worth $21,244,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. R Squared Ltd acquired a new position in Greenbrier Companies during the fourth quarter worth $26,000. GAMMA Investing LLC raised its holdings in shares of Greenbrier Companies by 60.9% during the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock worth $28,000 after acquiring an additional 207 shares during the period. Gladius Capital Management LP purchased a new stake in shares of Greenbrier Companies in the third quarter valued at about $32,000. NBC Securities Inc. acquired a new stake in Greenbrier Companies during the third quarter worth about $55,000. Finally, KBC Group NV increased its position in Greenbrier Companies by 57.8% during 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 last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Greenbrier Companies Stock Performance

Shares of GBX stock opened at $66.26 on Monday. The Greenbrier Companies, Inc. has a one year low of $41.40 and a one year high of $71.06. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53. The firm’s 50 day moving average price is $65.43 and its 200-day moving average price is $56.75. The firm has a market cap of $2.08 billion, a P/E ratio of 11.56, a P/E/G ratio of 0.96 and a beta of 1.52.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.16 by $0.56. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business had revenue of $875.90 million during the quarter, compared to analyst estimates of $849.51 million. During the same period last year, the business posted $0.96 earnings per share. The company’s quarterly revenue was up 8.3% on a year-over-year basis. As a group, equities research analysts predict that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, January 29th. This represents a $1.20 annualized dividend and a dividend yield of 1.81%. Greenbrier Companies’s dividend payout ratio is presently 20.94%.

Insider Transactions at Greenbrier Companies

In other news, SVP Ricardo Galvan sold 4,950 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total transaction of $321,750.00. Following the sale, the senior vice president now owns 27,472 shares of the company’s stock, valued at approximately $1,785,680. This represents a 15.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.78% of the company’s stock.

Analyst Upgrades and Downgrades

GBX has been the subject of several analyst reports. Bank of America increased their price target on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a research note on Thursday, January 9th. Susquehanna increased their price objective on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research report on Monday, October 21st. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $63.00.

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.