VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 22,200 Greenbrier Companies, Inc. (The) $GBX

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 22,200 shares of the transportation company’s stock, valued at approximately $1,088,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.07% of Greenbrier Companies as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in Greenbrier Companies by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,979,546 shares of the transportation company’s stock worth $104,222,000 after acquiring an additional 13,153 shares in the last quarter. Toronto Dominion Bank increased its stake in Greenbrier Companies by 254.6% in the fourth quarter. Toronto Dominion Bank now owns 1,859,224 shares of the transportation company’s stock valued at $86,900,000 after purchasing an additional 1,334,891 shares in the last quarter. California State Teachers Retirement System increased its stake in Greenbrier Companies by 4,393.8% in the second quarter. California State Teachers Retirement System now owns 1,680,014 shares of the transportation company’s stock valued at $82,337,000 after purchasing an additional 1,642,629 shares in the last quarter. LSV Asset Management raised its holdings 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 purchasing an additional 122,709 shares during the period. Finally, Atlas FRM LLC acquired a new position in shares of Greenbrier Companies during the second quarter valued at about $38,599,688. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Trading Up 0.7%

Shares of Greenbrier Companies stock opened at $42.97 on Friday. The stock has a fifty day simple moving average of $46.97 and a 200 day simple moving average of $49.29. Greenbrier Companies, Inc. has a 12-month low of $38.23 and a 12-month high of $59.19. The company has a market capitalization of $1.33 billion, a P/E ratio of 12.75 and a beta of 1.42.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Wednesday, July 1st. The transportation company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03. The business had revenue of $576.50 million during the quarter, compared to analyst estimates of $612.69 million. Greenbrier Companies had a return on equity of 6.49% and a net margin of 4.07%.Greenbrier Companies’s quarterly revenue was down 31.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.86 EPS. On average, analysts predict that Greenbrier Companies, Inc. will post 3.1 EPS for the current year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 6th. Stockholders of record on Thursday, July 16th were issued a $0.34 dividend. The ex-dividend date was Thursday, July 16th. This represents a $1.36 annualized dividend and a dividend yield of 3.2%. Greenbrier Companies’s dividend payout ratio is currently 40.36%.

Wall Street Analyst Weigh In

Several analysts have recently commented on GBX shares. Weiss Ratings downgraded Greenbrier Companies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, September 1st. Susquehanna downgraded Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price target on the stock. in a research note on Thursday, July 2nd. Wall Street Zen upgraded Greenbrier Companies from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Zacks Research raised Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research note on Monday, June 8th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Greenbrier Companies presently has a consensus rating of “Reduce” and a consensus price target of $45.00.

About Greenbrier Companies

The Greenbrier Companies, Inc is a global manufacturer and provider of transportation equipment and services, specializing in freight railcars. The company designs and builds a broad range of railcars, including covered hopper cars, tank cars, boxcars, gondolas, intermodal platforms and automotive carriers.

Greenbrier also provides railcar leasing, fleet management and maintenance services. Its offerings include railcar refurbishment, repair, parts and logistics solutions designed to support railroads, shippers, leasing companies and other participants in the freight transportation industry.

Founded in 1974, Greenbrier serves customers primarily in North America, as well as selected international markets, including Europe and Brazil.