Dimensional Fund Advisors LP reduced its position in Greenbrier Companies Inc. (NYSE:GBX) by 0.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,936,751 shares of the company’s stock after selling 4,302 shares during the period. Dimensional Fund Advisors LP owned approximately 6.87% of Greenbrier Companies worth $56,416,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of the company. Mount Lucas Management LP increased its position in Greenbrier Companies by 11.3% in the first quarter. Mount Lucas Management LP now owns 30,863 shares of the company’s stock worth $853,000 after buying an additional 3,136 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in Greenbrier Companies during the first quarter worth about $2,229,000. Legal & General Group Plc increased its position in Greenbrier Companies by 24.5% in the first quarter. Legal & General Group Plc now owns 6,632 shares of the company’s stock worth $184,000 after buying an additional 1,307 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in Greenbrier Companies during the first quarter worth about $3,549,000. Finally, Royce & Associates LP acquired a new position in Greenbrier Companies during the first quarter worth about $3,023,000. Institutional investors and hedge funds own 94.55% of the company’s stock.
Shares of Greenbrier Companies Inc. (NYSE:GBX) traded up 3.21% on Wednesday, hitting $36.36. 101,097 shares of the company traded hands. Greenbrier Companies Inc. has a 12 month low of $19.89 and a 12 month high of $42.04. The company has a market capitalization of $1.03 billion, a PE ratio of 5.43 and a beta of 2.46. The stock’s 50-day moving average price is $34.12 and its 200-day moving average price is $30.63.
Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, July 6th. The company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.03. Greenbrier Companies had a net margin of 7.60% and a return on equity of 23.41%. The firm had revenue of $612.90 million for the quarter. During the same period in the previous year, the company earned $1.49 earnings per share. Greenbrier Companies’s quarterly revenue was down 14.2% on a year-over-year basis. On average, equities analysts predict that Greenbrier Companies Inc. will post $5.81 earnings per share for the current year.
A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Greenbrier Companies from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Tuesday, June 7th. Credit Agricole SA assumed coverage on shares of Greenbrier Companies in a research note on Friday, September 30th. They issued an “underperform” rating and a $35.00 target price for the company. Cowen and Company lowered their target price on shares of Greenbrier Companies from $37.00 to $35.00 and set an “outperform” rating for the company in a research note on Thursday, July 7th. Wells Fargo & Co. restated a “hold” rating and issued a $31.00 target price on shares of Greenbrier Companies in a research note on Monday, September 19th. Finally, Longbow Research downgraded shares of Greenbrier Companies from a “buy” rating to a “neutral” rating in a research note on Monday, June 20th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. Greenbrier Companies has a consensus rating of “Hold” and a consensus price target of $35.13.
In other Greenbrier Companies news, EVP James T. Sharp sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 12th. The shares were sold at an average price of $30.44, for a total transaction of $152,200.00. Following the completion of the transaction, the executive vice president now owns 3,487 shares in the company, valued at approximately $106,144.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alejandro Centurion sold 6,000 shares of the business’s stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of $31.95, for a total transaction of $191,700.00. Following the transaction, the executive vice president now owns 12,950 shares of the company’s stock, valued at approximately $413,752.50. The disclosure for this sale can be found here. Corporate insiders own 4.60% of the company’s stock.
About Greenbrier Companies
The Greenbrier Companies, Inc (Greenbrier), formerly Greenbrier Co Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe, a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services, railcar refurbishment and parts, leasing and other services.
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