Carolina Wealth Advisors LLC increased its stake in The Greenbrier Companies, Inc. (NYSE:GBX – Free Report) by 2.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 13,859 shares of the transportation company’s stock after purchasing an additional 331 shares during the quarter. Greenbrier Companies makes up 0.5% of Carolina Wealth Advisors LLC’s investment portfolio, making the stock its 28th largest holding. Carolina Wealth Advisors LLC’s holdings in Greenbrier Companies were worth $845,000 as of its most recent filing with the SEC.
A number of other large investors have also recently added to or reduced their stakes in GBX. Canada Pension Plan Investment Board acquired a new stake in shares of Greenbrier Companies during the 2nd quarter valued at about $25,000. GAMMA Investing LLC lifted its holdings in Greenbrier Companies by 60.9% during the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 207 shares during the last quarter. Gladius Capital Management LP bought a new stake in Greenbrier Companies during the 3rd quarter worth approximately $32,000. NBC Securities Inc. acquired a new stake in Greenbrier Companies during the 3rd quarter valued at $55,000. Finally, nVerses Capital LLC bought a new position in Greenbrier Companies in the 3rd quarter valued at $102,000. Institutional investors own 95.59% of the company’s stock.
Insiders Place Their Bets
In other Greenbrier Companies news, SVP Ricardo Galvan sold 1,976 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $58.00, for a total transaction of $114,608.00. Following the sale, the senior vice president now directly owns 33,776 shares of the company’s stock, valued at $1,959,008. The trade was a 5.53 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO William J. Krueger sold 2,000 shares of the company’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $58.78, for a total value of $117,560.00. Following the sale, the chief operating officer now owns 48,714 shares in the company, valued at $2,863,408.92. The trade was a 3.94 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,703 shares of company stock worth $790,338. Company insiders own 1.78% of the company’s stock.
Greenbrier Companies Price Performance
Greenbrier Companies (NYSE:GBX – Get Free Report) last issued its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. The firm had revenue of $875.90 million during the quarter, compared to analysts’ expectations of $849.51 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.96 earnings per share. On average, equities analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 EPS for the current year.
Greenbrier Companies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $1.20 annualized dividend and a dividend yield of 1.79%. Greenbrier Companies’s dividend payout ratio is presently 20.94%.
Analysts Set New Price Targets
A number of equities research analysts have commented on GBX shares. Susquehanna increased their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a report on Monday, October 21st. Bank of America increased their price target on shares of 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 assigned a buy rating to the company’s stock. According to MarketBeat.com, Greenbrier Companies currently has a consensus rating of “Hold” and a consensus target price of $63.00.
Check Out Our Latest Research Report on Greenbrier Companies
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.
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