Driehaus Capital Management LLC Has $13.21 Million Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Driehaus Capital Management LLC trimmed its stake in The Greenbrier Companies, Inc. (NYSE:GBXGet Rating) by 49.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 367,073 shares of the transportation company’s stock after selling 353,287 shares during the quarter. Driehaus Capital Management LLC owned about 1.13% of Greenbrier Companies worth $13,211,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Teacher Retirement System of Texas lifted its stake in shares of Greenbrier Companies by 7.0% in the first quarter. Teacher Retirement System of Texas now owns 6,704 shares of the transportation company’s stock valued at $345,000 after buying an additional 437 shares in the last quarter. Texas Permanent School Fund lifted its stake in shares of Greenbrier Companies by 2.1% in the second quarter. Texas Permanent School Fund now owns 23,554 shares of the transportation company’s stock valued at $848,000 after buying an additional 480 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Greenbrier Companies in the first quarter valued at $26,000. Bank of Montreal Can lifted its stake in shares of Greenbrier Companies by 6.1% in the first quarter. Bank of Montreal Can now owns 9,785 shares of the transportation company’s stock valued at $515,000 after buying an additional 566 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of Greenbrier Companies by 10.8% in the second quarter. AQR Capital Management LLC now owns 6,646 shares of the transportation company’s stock valued at $239,000 after buying an additional 647 shares in the last quarter. 98.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director William A. Furman sold 30,000 shares of the firm’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $38.61, for a total transaction of $1,158,300.00. Following the completion of the sale, the director now owns 253,018 shares in the company, valued at $9,769,024.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director William A. Furman sold 30,000 shares of the firm’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $38.61, for a total transaction of $1,158,300.00. Following the completion of the sale, the director now owns 253,018 shares in the company, valued at $9,769,024.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William A. Furman sold 20,000 shares of the firm’s stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $39.20, for a total transaction of $784,000.00. Following the sale, the director now owns 283,018 shares of the company’s stock, valued at approximately $11,094,305.60. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 90,000 shares of company stock worth $3,439,900. Insiders own 2.32% of the company’s stock.

Greenbrier Companies Stock Down 0.7 %

GBX opened at $36.03 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.87 and a quick ratio of 1.08. The company’s 50-day moving average is $32.76 and its 200 day moving average is $32.96. The Greenbrier Companies, Inc. has a fifty-two week low of $23.80 and a fifty-two week high of $53.46. The firm has a market capitalization of $1.18 billion, a P/E ratio of 25.92, a PEG ratio of 1.88 and a beta of 1.52.

Greenbrier Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 29th. Investors of record on Tuesday, November 8th were issued a dividend of $0.27 per share. The ex-dividend date was Monday, November 7th. This represents a $1.08 dividend on an annualized basis and a yield of 3.00%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 77.70%.

Analysts Set New Price Targets

GBX has been the topic of a number of recent research reports. TheStreet raised shares of Greenbrier Companies from a “c+” rating to a “b-” rating in a research note on Friday, November 18th. Susquehanna lowered shares of Greenbrier Companies from a “positive” rating to a “neutral” rating and raised their price target for the company from $30.00 to $37.00 in a research report on Monday, November 7th. Finally, StockNews.com raised shares of Greenbrier Companies from a “sell” rating to a “hold” rating in a research report on Saturday, December 3rd. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $48.00.

About Greenbrier Companies

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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 conventional railcars, such as covered hopper cars, boxcars, and center partition cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, intermodal cars, hoppers and automobile transporter cars; and marine vessels.

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Institutional Ownership by Quarter for Greenbrier Companies (NYSE:GBX)

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