Dynamic Technology Lab Private Ltd Invests $661,000 in The Greenbrier Companies, Inc. (NYSE:GBX)

Dynamic Technology Lab Private Ltd purchased a new stake in The Greenbrier Companies, Inc. (NYSE:GBX) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,842 shares of the transportation company’s stock, valued at approximately $661,000.

Several other large investors have also made changes to their positions in GBX. R Squared Ltd bought a new stake in shares of Greenbrier Companies during the fourth quarter worth $26,000. Smartleaf Asset Management LLC increased its holdings in Greenbrier Companies by 241.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock valued at $56,000 after purchasing an additional 644 shares during the last quarter. KBC Group NV increased its stake in shares of Greenbrier Companies by 57.8% in the 4th quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock valued at $89,000 after acquiring an additional 537 shares during the last quarter. Westhampton Capital LLC bought a new stake in Greenbrier Companies in the fourth quarter valued at approximately $207,000. Finally, Sloy Dahl & Holst LLC bought a new stake in shares of Greenbrier Companies in the 4th quarter valued at $211,000. Institutional investors own 95.59% of the company’s stock.

Insider Activity

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total transaction of $126,420.00. Following the transaction, the chief operating officer now owns 42,714 shares in the company, valued at $2,699,951.94. This trade represents a 4.47 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.78% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Bank of America lifted their price target on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a research note on Thursday, January 9th. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $63.00.

Greenbrier Companies Stock Down 2.4 %

Greenbrier Companies stock opened at $44.53 on Tuesday. The company has a market cap of $1.40 billion, a P/E ratio of 7.77, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. The company has a fifty day simple moving average of $56.82 and a 200 day simple moving average of $59.57. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89. The Greenbrier Companies, Inc. has a 1-year low of $41.40 and a 1-year high of $71.06.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Wednesday, January 8th. The transportation company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.56. The business had revenue of $875.90 million during the quarter, compared to analysts’ expectations of $849.51 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The firm’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the business earned $0.96 earnings per share. Research analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date is Tuesday, April 22nd. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.30. Greenbrier Companies’s dividend payout ratio is 20.94%.

Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.