Brandywine Global Investment Management LLC decreased its position in shares of Greenbrier Companies Inc (NYSE:GBX) by 11.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 200,343 shares of the transportation company’s stock after selling 25,149 shares during the quarter. Brandywine Global Investment Management LLC’s holdings in Greenbrier Companies were worth $10,679,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Eqis Capital Management Inc. acquired a new position in Greenbrier Companies during the 4th quarter worth $206,000. Amalgamated Bank acquired a new position in Greenbrier Companies during the 4th quarter worth $212,000. Baird Financial Group Inc. acquired a new position in Greenbrier Companies during the 4th quarter worth $213,000. Mengis Capital Management Inc. acquired a new position in Greenbrier Companies during the 4th quarter worth $239,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in Greenbrier Companies during the 4th quarter worth $245,000.
Greenbrier Companies Inc (NYSE:GBX) opened at $51.65 on Wednesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.96 and a quick ratio of 2.04. The firm has a market capitalization of $1,480.00, a price-to-earnings ratio of 14.00, a PEG ratio of 1.32 and a beta of 1.57. Greenbrier Companies Inc has a 12 month low of $40.45 and a 12 month high of $54.45.
The business also recently declared a quarterly dividend, which was paid on Friday, February 16th. Stockholders of record on Friday, January 26th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend was Thursday, January 25th. Greenbrier Companies’s dividend payout ratio (DPR) is currently 24.93%.
GBX has been the topic of several research reports. ValuEngine raised Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Seaport Global Securities initiated coverage on Greenbrier Companies in a report on Thursday, January 4th. They set a “buy” rating and a $65.00 price objective on the stock. Stifel Nicolaus set a $55.00 price objective on Greenbrier Companies and gave the stock a “buy” rating in a report on Friday, February 9th. Finally, Zacks Investment Research raised Greenbrier Companies from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a report on Thursday, March 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $58.00.
In other news, EVP Alejandro Centurion sold 5,000 shares of the stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $52.00, for a total value of $260,000.00. Following the transaction, the executive vice president now owns 13,523 shares of the company’s stock, valued at approximately $703,196. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.46% of the company’s stock.
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About Greenbrier Companies
The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.
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