Illinois Municipal Retirement Fund Sells 497 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Illinois Municipal Retirement Fund trimmed its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 2.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,700 shares of the transportation company’s stock after selling 497 shares during the period. Illinois Municipal Retirement Fund owned about 0.05% of Greenbrier Companies worth $1,019,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. R Squared Ltd bought a new stake in shares of Greenbrier Companies during the 4th quarter worth $26,000. Gladius Capital Management LP bought a new stake in Greenbrier Companies in the 3rd quarter valued at about $32,000. KBC Group NV raised its stake in 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 period. Point72 Asia Singapore Pte. Ltd. bought a new stake in Greenbrier Companies in the 3rd quarter valued at about $107,000. Finally, Westhampton Capital LLC bought a new stake in Greenbrier Companies in the 4th quarter valued at about $207,000. 95.59% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Greenbrier Companies

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

Greenbrier Companies Stock Up 1.9 %

GBX stock opened at $56.13 on Monday. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $1.76 billion, a PE ratio of 9.79, a PEG ratio of 0.80 and a beta of 1.52. The Greenbrier Companies, Inc. has a twelve month low of $41.40 and a twelve month high of $71.06. The stock has a 50-day simple moving average of $62.60 and a two-hundred day simple moving average of $58.54.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Wednesday, January 8th. The transportation company reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. The business had revenue of $875.90 million during the quarter, compared to analyst estimates of $849.51 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.96 EPS. On average, equities analysts predict that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date was Wednesday, January 29th. Greenbrier Companies’s payout ratio is presently 20.94%.

Analysts Set New Price Targets

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

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.