Deutsche Bank AG Increases Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Deutsche Bank AG increased its holdings in The Greenbrier Companies, Inc. (NYSE:GBX) by 9.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,214 shares of the transportation company’s stock after buying an additional 8,436 shares during the period. Deutsche Bank AG’s holdings in Greenbrier Companies were worth $6,112,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. LSV Asset Management raised its position in Greenbrier Companies by 94.3% during the fourth quarter. LSV Asset Management now owns 545,185 shares of the transportation company’s stock worth $33,251,000 after acquiring an additional 264,552 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Greenbrier Companies by 2.0% during the fourth quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company’s stock valued at $32,714,000 after acquiring an additional 10,521 shares during the last quarter. Bridgeway Capital Management LLC increased its position in Greenbrier Companies by 31.3% during the 4th quarter. Bridgeway Capital Management LLC now owns 398,226 shares of the transportation company’s stock worth $24,288,000 after purchasing an additional 94,912 shares in the last quarter. Northern Trust Corp raised its stake in Greenbrier Companies by 20.5% in the 4th quarter. Northern Trust Corp now owns 389,406 shares of the transportation company’s stock valued at $23,750,000 after purchasing an additional 66,185 shares during the last quarter. Finally, Hodges Capital Management Inc. raised its stake in Greenbrier Companies by 9.2% in the 4th quarter. Hodges Capital Management Inc. now owns 348,325 shares of the transportation company’s stock valued at $21,244,000 after purchasing an additional 29,231 shares during the last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Greenbrier Companies Trading Up 0.3%

Shares of Greenbrier Companies stock opened at $47.44 on Friday. The Greenbrier Companies, Inc. has a fifty-two week low of $37.77 and a fifty-two week high of $71.06. The business’s fifty day moving average is $46.68 and its two-hundred day moving average is $57.46. 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 cap of $1.49 billion, a PE ratio of 8.28, a P/E/G ratio of 0.80 and a beta of 1.79.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Monday, April 7th. The transportation company reported $1.69 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.09). Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The business had revenue of $762.10 million during the quarter, compared to analyst estimates of $898.53 million. During the same quarter in the previous year, the company posted $1.03 earnings per share. The business’s revenue for the quarter was down 11.7% compared to the same quarter last year. Analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd were issued a dividend of $0.32 per share. This is a positive change from Greenbrier Companies’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend was Tuesday, April 22nd. Greenbrier Companies’s dividend payout ratio is presently 20.45%.

Insider Transactions at Greenbrier Companies

In other news, COO William J. Krueger sold 2,000 shares of the business’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $48.00, for a total transaction of $96,000.00. Following the completion of the sale, the chief operating officer now owns 36,714 shares in the company, valued at approximately $1,762,272. The trade was a 5.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.78% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Susquehanna lowered their price target on shares of Greenbrier Companies from $75.00 to $52.00 and set a “positive” rating for the company in a report on Tuesday, April 8th.

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.