Krueger & Catalano Capital Partners LLC bought a new stake in Greenbrier Companies Inc (NYSE:GBX) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 43,145 shares of the transportation company’s stock, valued at approximately $2,300,000. Greenbrier Companies makes up approximately 1.9% of Krueger & Catalano Capital Partners LLC’s portfolio, making the stock its 15th largest position.
A number of other hedge funds also recently bought and sold shares of the stock. State Street Corp lifted its stake in Greenbrier Companies by 3.0% in the 2nd quarter. State Street Corp now owns 746,041 shares of the transportation company’s stock valued at $34,504,000 after buying an additional 21,758 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Greenbrier Companies by 0.9% in the 4th quarter. Victory Capital Management Inc. now owns 734,868 shares of the transportation company’s stock valued at $39,169,000 after buying an additional 6,821 shares in the last quarter. LSV Asset Management lifted its stake in Greenbrier Companies by 33.9% in the 4th quarter. LSV Asset Management now owns 581,427 shares of the transportation company’s stock valued at $30,990,000 after buying an additional 147,300 shares in the last quarter. Dalton Greiner Hartman Maher & Co. lifted its stake in shares of Greenbrier Companies by 40.8% during the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 541,113 shares of the transportation company’s stock worth $28,841,000 after purchasing an additional 156,742 shares during the period. Finally, Royce & Associates LP lifted its stake in shares of Greenbrier Companies by 9.4% during the 3rd quarter. Royce & Associates LP now owns 524,493 shares of the transportation company’s stock worth $25,254,000 after purchasing an additional 44,972 shares during the period.
A number of research analysts have weighed in on GBX shares. KeyCorp reissued a “buy” rating and set a $60.00 price target on shares of Greenbrier Companies in a research note on Tuesday, October 24th. ValuEngine raised Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Seaport Global Securities started coverage on Greenbrier Companies in a research note on Thursday, January 4th. They set a “buy” rating and a $65.00 price target on the stock. Finally, Stifel Nicolaus set a $55.00 price target on Greenbrier Companies and gave the stock a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and two have issued a strong buy rating to the company’s stock. Greenbrier Companies presently has an average rating of “Buy” and a consensus target price of $58.29.
Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Friday, January 5th. The transportation company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.02. Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The company had revenue of $559.50 million for the quarter, compared to analyst estimates of $591.05 million. During the same quarter in the prior year, the company posted $0.79 EPS. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. sell-side analysts expect that Greenbrier Companies Inc will post 4.12 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Friday, January 26th will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Thursday, January 25th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.98%. Greenbrier Companies’s payout ratio is 24.86%.
In other news, EVP Alejandro Centurion sold 5,000 shares of the company’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $52.00, for a total transaction of $260,000.00. Following the completion of the sale, the executive vice president now directly owns 13,523 shares in the company, valued at approximately $703,196. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO William A. Furman sold 117,652 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $46.91, for a total value of $5,519,055.32. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 218,352 shares of company stock valued at $10,268,342. Insiders own 2.46% of the company’s stock.
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Greenbrier Companies Profile
The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.
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