AlphaQuest LLC Acquires 17,115 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

AlphaQuest LLC increased its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 2,971.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,691 shares of the transportation company’s stock after acquiring an additional 17,115 shares during the quarter. AlphaQuest LLC owned about 0.06% of Greenbrier Companies worth $1,079,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. R Squared Ltd bought a new position in Greenbrier Companies in the 4th quarter valued at about $26,000. Gladius Capital Management LP bought a new position in Greenbrier Companies in the 3rd quarter valued at about $32,000. Smartleaf Asset Management LLC increased its holdings in Greenbrier Companies by 241.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock valued at $56,000 after buying an additional 644 shares during the period. KBC Group NV increased its holdings in Greenbrier Companies by 57.8% in the 4th quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock valued at $89,000 after buying an additional 537 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in Greenbrier Companies in the 3rd quarter valued at about $107,000. 95.59% of the stock is owned by institutional investors.

Greenbrier Companies Trading Down 2.8 %

GBX opened at $54.07 on Tuesday. The company’s 50 day moving average is $61.69 and its 200-day moving average is $58.89. The Greenbrier Companies, Inc. has a 1-year low of $41.40 and a 1-year high of $71.06. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89. The company has a market cap of $1.70 billion, a P/E ratio of 9.44, a PEG ratio of 0.80 and a beta of 1.62.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.16 by $0.56. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The business had revenue of $875.90 million for the quarter, compared to the consensus estimate of $849.51 million. During the same period last year, the company earned $0.96 EPS. The firm’s revenue was up 8.3% compared to the same quarter last year. Equities research analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $1.20 annualized dividend and a yield of 2.22%. Greenbrier Companies’s dividend payout ratio is presently 20.94%.

Insider Buying and Selling

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $63.21, for a total transaction of $126,420.00. Following the completion of the transaction, the chief operating officer now owns 42,714 shares in the company, valued at approximately $2,699,951.94. This trade represents a 4.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.78% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, Bank of America raised 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 analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $63.00.

Greenbrier Companies Company 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.