Raiffeisen Bank International AG Invests $519,000 in The Greenbrier Companies, Inc. (NYSE:GBX)

Raiffeisen Bank International AG bought a new stake in The Greenbrier Companies, Inc. (NYSE:GBX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 8,474 shares of the transportation company’s stock, valued at approximately $519,000.

Several other hedge funds and other institutional investors have also made changes to their positions in GBX. ProShare Advisors LLC raised its position in Greenbrier Companies by 44.4% in the fourth quarter. ProShare Advisors LLC now owns 9,260 shares of the transportation company’s stock valued at $565,000 after purchasing an additional 2,849 shares during the period. Nuveen Asset Management LLC grew its stake in shares of Greenbrier Companies by 4.3% in the fourth quarter. Nuveen Asset Management LLC now owns 127,990 shares of the transportation company’s stock valued at $7,806,000 after buying an additional 5,279 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Greenbrier Companies by 5.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 518,819 shares of the transportation company’s stock valued at $31,643,000 after buying an additional 27,683 shares in the last quarter. Graham Capital Management L.P. purchased a new stake in shares of Greenbrier Companies during the 4th quarter valued at about $673,000. Finally, Encompass Capital Advisors LLC lifted its position in Greenbrier Companies by 26.2% during the 4th quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company’s stock worth $56,735,000 after acquiring an additional 193,340 shares in the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

Analysts Set New Price Targets

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

Greenbrier Companies Stock Performance

Shares of GBX stock opened at $47.44 on Friday. The company’s fifty day moving average price is $46.68 and its two-hundred day moving average price is $57.46. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The firm has a market capitalization of $1.49 billion, a P/E ratio of 8.28, a P/E/G ratio of 0.80 and a beta of 1.79. The Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06.

Greenbrier Companies (NYSE:GBX) last released its quarterly 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 return on equity of 12.10% and a net margin of 5.10%. The business had revenue of $762.10 million during the quarter, compared to analyst estimates of $898.53 million. During the same quarter last year, the firm posted $1.03 EPS. The company’s revenue was down 11.7% compared to the same quarter last year. On average, research analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, April 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.70%. This is an increase from Greenbrier Companies’s previous quarterly dividend of $0.30. Greenbrier Companies’s dividend payout ratio (DPR) is presently 20.45%.

Insider Buying and Selling

In related 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 value of $96,000.00. Following the completion of the sale, the chief operating officer now directly owns 36,714 shares of the company’s stock, valued at $1,762,272. The trade was a 5.17% decrease in their ownership of the stock. The sale 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 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.