EMC Capital Management Invests $150,000 in Greenbrier Companies, Inc. (The) $GBX

EMC Capital Management purchased a new stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 3,264 shares of the transportation company’s stock, valued at approximately $150,000.

Other hedge funds also recently added to or reduced their stakes in the company. Fox Run Management L.L.C. raised its position in Greenbrier Companies by 2.1% in the first quarter. Fox Run Management L.L.C. now owns 16,271 shares of the transportation company’s stock valued at $833,000 after purchasing an additional 327 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Greenbrier Companies by 7.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,059 shares of the transportation company’s stock valued at $371,000 after acquiring an additional 555 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Greenbrier Companies by 111.1% in the 1st quarter. US Bancorp DE now owns 1,121 shares of the transportation company’s stock worth $57,000 after acquiring an additional 590 shares during the last quarter. Moors & Cabot Inc. boosted its position in shares of Greenbrier Companies by 5.9% during the 2nd quarter. Moors & Cabot Inc. now owns 12,650 shares of the transportation company’s stock worth $583,000 after purchasing an additional 700 shares during the period. Finally, Sittner & Nelson LLC increased its holdings in Greenbrier Companies by 1.5% in the 2nd quarter. Sittner & Nelson LLC now owns 51,233 shares of the transportation company’s stock valued at $2,359,000 after purchasing an additional 777 shares during the last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on GBX. Weiss Ratings reiterated a “hold (c+)” rating on shares of Greenbrier Companies in a report on Wednesday, October 8th. Susquehanna reduced their price target on shares of Greenbrier Companies from $57.00 to $52.00 and set a “positive” rating on the stock in a research report on Wednesday, October 29th. Zacks Research cut shares of Greenbrier Companies from a “hold” rating to a “strong sell” rating in a report on Thursday, October 30th. Finally, Wall Street Zen downgraded shares of Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a research note on Saturday, November 1st. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $57.00.

Greenbrier Companies Stock Down 0.2%

GBX stock opened at $41.98 on Thursday. The company’s 50 day moving average price is $44.64 and its 200 day moving average price is $46.20. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 1.82 and a beta of 1.75. Greenbrier Companies, Inc. has a fifty-two week low of $37.77 and a fifty-two week high of $71.06. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.82 and a current ratio of 2.43.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Wednesday, May 31st. The transportation company reported $0.05 EPS for the quarter. The company had revenue of $766.50 million during the quarter. Greenbrier Companies had a net margin of 6.30% and a return on equity of 12.90%. On average, equities research analysts anticipate that Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 12th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, November 12th. Greenbrier Companies’s payout ratio is 20.32%.

About Greenbrier Companies

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.