AlphaQuest LLC Purchases 39,405 Shares of Greenbrier Companies, Inc. (The) $GBX

AlphaQuest LLC raised its position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 286.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,151 shares of the transportation company’s stock after acquiring an additional 39,405 shares during the period. AlphaQuest LLC’s holdings in Greenbrier Companies were worth $2,484,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. LSV Asset Management boosted its holdings in Greenbrier Companies by 18.4% during the fourth 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. Gamco Investors INC. ET AL boosted its holdings in Greenbrier Companies by 2.8% during the fourth quarter. Gamco Investors INC. ET AL now owns 149,200 shares of the transportation company’s stock valued at $6,974,000 after acquiring an additional 4,000 shares during the period. Dana Investment Advisors Inc. boosted its holdings in Greenbrier Companies by 10.5% during the fourth quarter. Dana Investment Advisors Inc. now owns 149,849 shares of the transportation company’s stock valued at $7,004,000 after acquiring an additional 14,292 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in Greenbrier Companies by 2.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 7,114 shares of the transportation company’s stock valued at $333,000 after acquiring an additional 200 shares during the period. Finally, Austin Asset Management Co Inc boosted its holdings in Greenbrier Companies by 0.9% during the fourth quarter. Austin Asset Management Co Inc now owns 21,403 shares of the transportation company’s stock valued at $1,000,000 after acquiring an additional 200 shares during the period. 95.59% of the stock is currently owned by institutional investors.

Greenbrier Companies Stock Up 0.5%

NYSE:GBX opened at $48.20 on Wednesday. Greenbrier Companies, Inc. has a 12-month low of $38.23 and a 12-month high of $59.19. The firm has a market capitalization of $1.49 billion, a PE ratio of 10.41 and a beta of 1.48. The firm has a 50-day moving average price of $50.17 and a 200 day moving average price of $49.77.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Tuesday, April 7th. The transportation company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.35). Greenbrier Companies had a return on equity of 8.94% and a net margin of 5.12%.The business had revenue of $587.50 million during the quarter, compared to analyst estimates of $667.02 million. During the same period last year, the company earned $1.56 EPS. The business’s revenue for the quarter was down 22.9% on a year-over-year basis. On average, research analysts expect that Greenbrier Companies, Inc. will post 3.2 EPS for the current year.

Greenbrier Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, April 20th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.8%. This is an increase from Greenbrier Companies’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, April 20th. Greenbrier Companies’s dividend payout ratio is presently 29.37%.

Analyst Ratings Changes

Several research firms recently weighed in on GBX. Zacks Research cut shares of Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 9th. Weiss Ratings upgraded shares of Greenbrier Companies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Greenbrier Companies presently has a consensus rating of “Hold” and a consensus price target of $49.00.

Greenbrier Companies Profile

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.