Caxton Associates LLP Sells 31,774 Shares of Greenbrier Companies, Inc. (The) $GBX

Caxton Associates LLP decreased its stake in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 86.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 5,181 shares of the transportation company’s stock after selling 31,774 shares during the period. Caxton Associates LLP’s holdings in Greenbrier Companies were worth $273,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in shares of Greenbrier Companies by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,979,546 shares of the transportation company’s stock worth $104,222,000 after buying an additional 13,153 shares during the period. Toronto Dominion Bank raised its position in shares of Greenbrier Companies by 254.6% in the 4th quarter. Toronto Dominion Bank now owns 1,859,224 shares of the transportation company’s stock valued at $86,900,000 after acquiring an additional 1,334,891 shares during the period. LSV Asset Management raised its position in shares of Greenbrier Companies by 18.4% in the 4th quarter. LSV Asset Management now owns 789,711 shares of the transportation company’s stock valued at $36,911,000 after acquiring an additional 122,709 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Greenbrier Companies by 98.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 762,907 shares of the transportation company’s stock valued at $35,658,000 after acquiring an additional 379,314 shares during the period. Finally, Qube Research & Technologies Ltd boosted its stake in Greenbrier Companies by 26.0% during the 3rd quarter. Qube Research & Technologies Ltd now owns 642,992 shares of the transportation company’s stock worth $29,687,000 after acquiring an additional 132,487 shares during the last quarter. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Price Performance

NYSE GBX opened at $51.89 on Wednesday. The firm has a market cap of $1.61 billion, a P/E ratio of 15.40 and a beta of 1.43. The stock’s 50-day moving average is $48.63 and its 200-day moving average is $50.82. Greenbrier Companies, Inc. has a one year low of $38.23 and a one year high of $59.19.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Wednesday, July 1st. The transportation company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.03. Greenbrier Companies had a return on equity of 6.49% and a net margin of 4.07%.The business had revenue of $576.50 million for the quarter, compared to analysts’ expectations of $612.69 million. During the same quarter in the previous year, the business posted $1.86 EPS. Greenbrier Companies’s revenue for the quarter was down 31.6% on a year-over-year basis. Equities analysts anticipate that Greenbrier Companies, Inc. will post 3.1 EPS for the current year.

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Thursday, July 16th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Thursday, July 16th. This represents a $1.36 dividend on an annualized basis and a yield of 2.6%. Greenbrier Companies’s payout ratio is presently 40.36%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on GBX shares. Wall Street Zen cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Zacks Research upgraded shares of Greenbrier Companies from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Susquehanna cut shares of Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price target on the stock. in a research report on Thursday, July 2nd. Finally, Weiss Ratings lowered shares of Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $45.00.

About Greenbrier Companies

The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.

Greenbrier’s operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.