The Greenbrier Companies, Inc. (NYSE:GBX) Shares Sold by Galibier Capital Management Ltd.

Galibier Capital Management Ltd. lowered its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 45.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,179 shares of the transportation company’s stock after selling 49,269 shares during the quarter. Greenbrier Companies makes up about 1.0% of Galibier Capital Management Ltd.’s holdings, making the stock its 16th biggest holding. Galibier Capital Management Ltd. owned about 0.19% of Greenbrier Companies worth $3,670,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GBX. Hsbc Holdings PLC grew its stake in shares of Greenbrier Companies by 44.6% during the second quarter. Hsbc Holdings PLC now owns 6,075 shares of the transportation company’s stock worth $300,000 after purchasing an additional 1,875 shares in the last quarter. Intech Investment Management LLC acquired a new position in shares of Greenbrier Companies during the 2nd quarter worth about $484,000. Canada Pension Plan Investment Board purchased a new position in shares of Greenbrier Companies in the 2nd quarter valued at about $25,000. Barrow Hanley Mewhinney & Strauss LLC raised its position in shares of Greenbrier Companies by 1.2% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company’s stock worth $80,111,000 after acquiring an additional 18,552 shares in the last quarter. Finally, Public Sector Pension Investment Board lifted its stake in Greenbrier Companies by 7.5% during the second quarter. Public Sector Pension Investment Board now owns 68,492 shares of the transportation company’s stock worth $3,394,000 after purchasing an additional 4,756 shares during the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

Insider Activity at Greenbrier Companies

In related news, SVP Ricardo Galvan sold 4,950 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total transaction of $321,750.00. Following the sale, the senior vice president now directly owns 27,472 shares in the company, valued at approximately $1,785,680. This trade represents a 15.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO William J. Krueger sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $58.78, for a total value of $117,560.00. Following the completion of the transaction, the chief operating officer now owns 48,714 shares of the company’s stock, valued at approximately $2,863,408.92. This represents a 3.94 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,703 shares of company stock worth $790,338. 1.78% of the stock is currently owned by corporate insiders.

Greenbrier Companies Price Performance

Shares of NYSE GBX opened at $66.85 on Friday. The Greenbrier Companies, Inc. has a twelve month low of $41.40 and a twelve month high of $69.12. The stock has a market cap of $2.10 billion, a P/E ratio of 11.67, a P/E/G ratio of 1.82 and a beta of 1.54. The company has a current ratio of 1.53, a quick ratio of 0.87 and a debt-to-equity ratio of 0.89. The stock has a 50 day moving average of $64.96 and a two-hundred day moving average of $55.24.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.56. The business had revenue of $875.90 million for 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 revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.96 EPS. On average, research analysts forecast that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.80%. The ex-dividend date is Wednesday, January 29th. Greenbrier Companies’s payout ratio is currently 20.94%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Bank of America raised their price objective on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a report on Thursday, January 9th. Susquehanna lifted their price target on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research note on Monday, October 21st. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $63.00.

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.