Tectonic Advisors LLC Boosts Stock Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Tectonic Advisors LLC raised its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 31,675 shares of the transportation company’s stock after acquiring an additional 1,097 shares during the period. Tectonic Advisors LLC owned approximately 0.10% of Greenbrier Companies worth $1,932,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cullen Investment Group LTD. raised its stake in Greenbrier Companies by 1.0% during the 4th quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company’s stock valued at $1,200,000 after acquiring an additional 204 shares during the last quarter. GAMMA Investing LLC raised its stake 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 acquiring an additional 207 shares during the last quarter. Carolina Wealth Advisors LLC raised its stake in Greenbrier Companies by 2.4% during the 4th quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company’s stock valued at $845,000 after acquiring an additional 331 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in Greenbrier Companies by 3.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 9,939 shares of the transportation company’s stock valued at $506,000 after acquiring an additional 363 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in Greenbrier Companies during the 4th quarter valued at approximately $26,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total value of $126,420.00. Following the completion of the sale, the chief operating officer now directly owns 42,714 shares in the company, valued at $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.78% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on GBX. Bank of America increased their target price on Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a research note on Thursday, January 9th. Susquehanna increased their target price on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research note on Monday, October 21st. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $63.00.

Greenbrier Companies Stock Performance

GBX opened at $64.51 on Wednesday. The stock has a market cap of $2.02 billion, a P/E ratio of 11.26, a P/E/G ratio of 0.96 and a beta of 1.52. 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 stock’s 50 day simple moving average is $65.34 and its 200 day simple moving average is $56.91. The Greenbrier Companies, Inc. has a 1-year low of $41.40 and a 1-year high of $71.06.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. The firm had revenue of $875.90 million for the quarter, compared to analysts’ expectations of $849.51 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. Greenbrier Companies’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 EPS. As a group, equities analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.86%. The ex-dividend date is Wednesday, January 29th. Greenbrier Companies’s dividend payout ratio is currently 20.94%.

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.