Dana Investment Advisors Inc. Has $7 Million Position in Greenbrier Companies, Inc. (The) $GBX

Dana Investment Advisors Inc. grew its holdings in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 10.5% during the 4th quarter, HoldingsChannel reports. The firm owned 149,849 shares of the transportation company’s stock after acquiring an additional 14,292 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Greenbrier Companies were worth $7,004,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in GBX. Algert Global LLC grew its position in shares of Greenbrier Companies by 106.8% in the third quarter. Algert Global LLC now owns 395,503 shares of the transportation company’s stock valued at $18,260,000 after purchasing an additional 204,229 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Greenbrier Companies by 2,223.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 160,592 shares of the transportation company’s stock valued at $7,415,000 after buying an additional 153,679 shares during the period. Qube Research & Technologies Ltd lifted its stake in shares of Greenbrier Companies by 42.6% in the second quarter. Qube Research & Technologies Ltd now owns 510,505 shares of the transportation company’s stock valued at $23,509,000 after buying an additional 152,524 shares during the period. Squarepoint Ops LLC lifted its stake in shares of Greenbrier Companies by 35.3% in the third quarter. Squarepoint Ops LLC now owns 262,066 shares of the transportation company’s stock valued at $12,100,000 after buying an additional 68,380 shares during the period. Finally, Lighthouse Investment Partners LLC lifted its stake in shares of Greenbrier Companies by 263.6% in the third quarter. Lighthouse Investment Partners LLC now owns 79,209 shares of the transportation company’s stock valued at $3,657,000 after buying an additional 57,426 shares during the period. 95.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on GBX. Susquehanna increased their target price on shares of Greenbrier Companies from $52.00 to $60.00 and gave the company a “positive” rating in a research note on Monday, January 26th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Greenbrier Companies in a research note on Tuesday, April 21st. Finally, Zacks Research cut shares of Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Greenbrier Companies presently has an average rating of “Reduce” and an average price target of $49.00.

Greenbrier Companies Stock Performance

NYSE GBX opened at $47.69 on Friday. The firm has a 50-day simple moving average of $50.99 and a 200 day simple moving average of $49.46. Greenbrier Companies, Inc. has a twelve month low of $38.23 and a twelve month high of $59.19. The stock has a market cap of $1.48 billion, a PE ratio of 10.30 and a beta of 1.48.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Tuesday, April 7th. The transportation company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.35). The business had revenue of $587.50 million for the quarter, compared to the consensus estimate of $667.02 million. Greenbrier Companies had a return on equity of 8.94% and a net margin of 5.12%.The firm’s revenue for the quarter was down 22.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.56 EPS. Research analysts forecast that Greenbrier Companies, Inc. will post 3.2 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 20th were paid a dividend of $0.34 per share. This is a positive change from Greenbrier Companies’s previous quarterly dividend of $0.32. This represents a $1.36 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Monday, April 20th. Greenbrier Companies’s dividend payout ratio is 29.37%.

About Greenbrier Companies

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.