Trexquant Investment LP Purchases 30,249 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Trexquant Investment LP increased its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 59.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,305 shares of the transportation company’s stock after purchasing an additional 30,249 shares during the period. Trexquant Investment LP owned about 0.26% of Greenbrier Companies worth $4,959,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Jones Financial Companies Lllp increased its holdings in Greenbrier Companies by 147.2% in the 4th quarter. Jones Financial Companies Lllp now owns 8,188 shares of the transportation company’s stock valued at $499,000 after buying an additional 4,876 shares during the period. M3 Advisory Group LLC acquired a new stake in shares of Greenbrier Companies during the 4th quarter valued at about $225,000. Allspring Global Investments Holdings LLC bought a new stake in Greenbrier Companies in the fourth quarter valued at about $2,527,000. Point72 Asset Management L.P. acquired a new position in Greenbrier Companies in the third quarter worth about $639,000. Finally, Centiva Capital LP bought a new position in Greenbrier Companies during the third quarter worth about $408,000. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Greenbrier Companies Price Performance

NYSE:GBX opened at $45.60 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The firm has a market cap of $1.43 billion, a PE ratio of 7.96, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. The Greenbrier Companies, Inc. has a 12 month low of $41.40 and a 12 month high of $71.06. The company’s 50-day moving average price is $57.30 and its two-hundred day moving average price is $59.55.

Greenbrier Companies (NYSE:GBX) last announced 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 return on equity of 12.10% and a net margin of 5.10%. The business had revenue of $875.90 million for the quarter, compared to the consensus estimate of $849.51 million. During the same period in the previous year, the business earned $0.96 EPS. Greenbrier Companies’s revenue was up 8.3% compared to the same quarter last year. On average, equities analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd will be given a dividend of $0.32 per share. This is an increase from Greenbrier Companies’s previous quarterly dividend of $0.30. The ex-dividend date is Tuesday, April 22nd. This represents a $1.28 annualized dividend and a yield of 2.81%. Greenbrier Companies’s dividend payout ratio is 20.94%.

Insiders Place Their Bets

In other news, COO William J. Krueger sold 2,000 shares of the company’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 transaction, the chief operating officer now directly owns 42,714 shares in the company, valued at approximately $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.78% of the company’s stock.

Analysts Set New Price Targets

Separately, 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 report on Thursday, January 9th. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $63.00.

About Greenbrier Companies

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.