Congruence Capital LLC Takes $6.35 Million Position in Greenbrier Companies, Inc. (The) $GBX

Congruence Capital LLC purchased a new stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) in the 4th quarter, Holdings Channel.com reports. The fund purchased 135,829 shares of the transportation company’s stock, valued at approximately $6,349,000. Greenbrier Companies comprises about 2.3% of Congruence Capital LLC’s investment portfolio, making the stock its 20th largest holding.

Several other large investors have also recently modified their holdings of GBX. Goldman Sachs Group Inc. raised its stake in shares of Greenbrier Companies by 98.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 762,907 shares of the transportation company’s stock valued at $35,658,000 after acquiring an additional 379,314 shares during the last quarter. Algert Global LLC raised its stake in shares of Greenbrier Companies by 106.8% during the third quarter. Algert Global LLC now owns 395,503 shares of the transportation company’s stock valued at $18,260,000 after acquiring an additional 204,229 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Greenbrier Companies by 2,223.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 160,592 shares of the transportation company’s stock valued at $7,415,000 after acquiring an additional 153,679 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in shares of Greenbrier Companies by 42.6% during the second quarter. Qube Research & Technologies Ltd now owns 510,505 shares of the transportation company’s stock valued at $23,509,000 after acquiring an additional 152,524 shares during the last quarter. Finally, LSV Asset Management raised its stake in shares of Greenbrier Companies by 18.4% during the fourth quarter. LSV Asset Management now owns 789,711 shares of the transportation company’s stock valued at $36,911,000 after acquiring an additional 122,709 shares during the last quarter. Institutional investors own 95.59% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on GBX shares. Weiss Ratings downgraded shares of Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Zacks Research raised shares of Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research note on Monday, June 8th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $49.00.

Greenbrier Companies Stock Up 1.3%

Shares of NYSE GBX opened at $48.02 on Friday. Greenbrier Companies, Inc. has a twelve month low of $38.23 and a twelve month high of $59.19. The firm has a fifty day simple moving average of $49.04 and a 200 day simple moving average of $50.15. The company has a market capitalization of $1.49 billion, a PE ratio of 10.37 and a beta of 1.44.

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

Greenbrier Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 20th were paid a dividend of $0.34 per share. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.32. This represents a $1.36 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, April 20th. Greenbrier Companies’s payout ratio is 29.37%.

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.