Greenbrier Companies, Inc. (The) $GBX Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC cut its stake in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 7.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 72,002 shares of the transportation company’s stock after selling 5,784 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.23% of Greenbrier Companies worth $3,316,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Millennium Management LLC grew its position in Greenbrier Companies by 260.2% during the first quarter. Millennium Management LLC now owns 741,760 shares of the transportation company’s stock worth $37,993,000 after buying an additional 535,843 shares during the period. Cubist Systematic Strategies LLC lifted its position in shares of Greenbrier Companies by 268.6% during the 1st quarter. Cubist Systematic Strategies LLC now owns 379,073 shares of the transportation company’s stock valued at $19,416,000 after acquiring an additional 276,228 shares during the period. Vanguard Group Inc. boosted its stake in shares of Greenbrier Companies by 6.8% during the 1st quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company’s stock worth $193,541,000 after acquiring an additional 242,180 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Greenbrier Companies in the 1st quarter worth approximately $6,602,000. Finally, Driehaus Capital Management LLC purchased a new position in Greenbrier Companies in the 1st quarter valued at approximately $5,966,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Analyst Upgrades and Downgrades

GBX has been the topic of a number of research analyst reports. Zacks Research downgraded Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 30th. Susquehanna dropped their price target on Greenbrier Companies from $57.00 to $52.00 and set a “positive” rating for the company in a research report on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Greenbrier Companies in a research report on Wednesday, October 8th. The Goldman Sachs Group began coverage on shares of Greenbrier Companies in a research note on Friday. They issued a “sell” rating and a $38.00 price objective on the stock. Finally, Wall Street Zen cut shares of Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Greenbrier Companies currently has an average rating of “Reduce” and an average price target of $50.67.

Greenbrier Companies Trading Down 0.3%

Greenbrier Companies stock opened at $43.32 on Tuesday. The stock has a market cap of $1.35 billion, a PE ratio of 6.88, a P/E/G ratio of 1.82 and a beta of 1.75. The company has a current ratio of 2.43, a quick ratio of 0.82 and a debt-to-equity ratio of 1.03. The stock has a 50-day moving average price of $44.42 and a 200 day moving average price of $46.20. Greenbrier Companies, Inc. has a 52 week low of $37.77 and a 52 week high of $71.06.

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

Greenbrier Companies Dividend Announcement

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

Greenbrier Companies 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.