First Republic Investment Management Inc. increased its position in shares of Greenbrier Companies Inc (NYSE:GBX) by 14.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,928 shares of the transportation company’s stock after buying an additional 2,062 shares during the quarter. First Republic Investment Management Inc.’s holdings in Greenbrier Companies were worth $513,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in Greenbrier Companies by 10.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,723,030 shares of the transportation company’s stock worth $107,669,000 after buying an additional 260,043 shares in the last quarter. Bank of New York Mellon Corp grew its position in Greenbrier Companies by 4.2% during the fourth quarter. Bank of New York Mellon Corp now owns 1,163,526 shares of the transportation company’s stock worth $46,006,000 after buying an additional 47,328 shares in the last quarter. Dalton Greiner Hartman Maher & Co. grew its position in Greenbrier Companies by 0.7% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 719,877 shares of the transportation company’s stock worth $28,464,000 after buying an additional 5,313 shares in the last quarter. Victory Capital Management Inc. grew its position in Greenbrier Companies by 8.5% during the fourth quarter. Victory Capital Management Inc. now owns 619,630 shares of the transportation company’s stock worth $24,500,000 after buying an additional 48,591 shares in the last quarter. Finally, Norges Bank acquired a new stake in Greenbrier Companies during the fourth quarter worth about $21,503,000.

In other news, EVP Mark J. Rittenbaum sold 7,603 shares of Greenbrier Companies stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $35.94, for a total value of $273,251.82. Following the completion of the transaction, the executive vice president now owns 63,837 shares in the company, valued at $2,294,301.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Martin Raymond Baker sold 2,000 shares of Greenbrier Companies stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $35.53, for a total transaction of $71,060.00. Following the completion of the transaction, the senior vice president now owns 26,284 shares of the company’s stock, valued at approximately $933,870.52. The disclosure for this sale can be found here. 1.76% of the stock is owned by company insiders.

Shares of GBX opened at $33.63 on Friday. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 12.10, a price-to-earnings-growth ratio of 1.01 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.56 and a quick ratio of 1.41. Greenbrier Companies Inc has a 12 month low of $31.12 and a 12 month high of $64.87.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Friday, April 5th. The transportation company reported $0.22 EPS for the quarter, hitting analysts’ consensus estimates of $0.22. The firm had revenue of $658.70 million during the quarter, compared to analysts’ expectations of $649.42 million. Greenbrier Companies had a net margin of 3.26% and a return on equity of 6.81%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.02 earnings per share. As a group, sell-side analysts anticipate that Greenbrier Companies Inc will post 3.62 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Wednesday, April 24th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date was Tuesday, April 23rd. Greenbrier Companies’s dividend payout ratio is 24.21%.

A number of equities research analysts recently weighed in on GBX shares. Stifel Nicolaus set a $44.00 target price on Greenbrier Companies and gave the stock a “buy” rating in a research report on Monday, April 22nd. Cowen reissued a “buy” rating and set a $49.00 target price on shares of Greenbrier Companies in a research report on Wednesday, April 10th. Wells Fargo & Co decreased their target price on Greenbrier Companies from $43.00 to $36.00 and set a “market perform” rating on the stock in a research report on Monday, March 25th. Buckingham Research decreased their target price on Greenbrier Companies from $41.00 to $37.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 27th. Finally, Zacks Investment Research downgraded Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Monday, April 1st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company. Greenbrier Companies has a consensus rating of “Hold” and an average target price of $47.00.

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Greenbrier Companies Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. The company operates in three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max and multi-max products for the transportation of light vehicles; conventional railcars, such as covered hopper cars, boxcars, center partition cars, bulkhead flat cars, and solid waste service flat cars; pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.

Further Reading: Strike Price

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Institutional Ownership by Quarter for Greenbrier Companies (NYSE:GBX)

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