Community Bank of Raymore Decreases Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Community Bank of Raymore lowered its stake in The Greenbrier Companies, Inc. (NYSE:GBX) by 10.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 84,723 shares of the transportation company’s stock after selling 10,250 shares during the period. Greenbrier Companies makes up 4.1% of Community Bank of Raymore’s investment portfolio, making the stock its 6th biggest position. Community Bank of Raymore’s holdings in Greenbrier Companies were worth $5,167,000 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. Cullen Investment Group LTD. lifted its holdings in shares of Greenbrier Companies by 1.0% during the fourth quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company’s stock worth $1,200,000 after purchasing an additional 204 shares during the period. GAMMA Investing LLC increased its stake in Greenbrier Companies by 60.9% in the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 207 shares in the last quarter. Carolina Wealth Advisors LLC increased its position in shares of Greenbrier Companies by 2.4% during the fourth quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company’s stock worth $845,000 after acquiring an additional 331 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of Greenbrier Companies by 3.8% during the third quarter. Nisa Investment Advisors LLC now owns 9,939 shares of the transportation company’s stock worth $506,000 after acquiring an additional 363 shares in the last quarter. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Greenbrier Companies during the second quarter worth about $25,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Trading Up 0.5 %

Shares of GBX opened at $66.85 on Monday. The firm’s 50-day moving average price is $64.96 and its 200-day moving average price is $55.31. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 11.67, a PEG ratio of 1.82 and a beta of 1.54. The company has a current ratio of 1.53, a quick ratio of 0.87 and a debt-to-equity ratio of 0.89. The Greenbrier Companies, Inc. has a 1-year low of $41.40 and a 1-year high of $69.12.

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

Greenbrier Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, January 29th. This represents a $1.20 dividend on an annualized basis and a yield of 1.80%. Greenbrier Companies’s dividend payout ratio is currently 20.94%.

Insiders Place Their Bets

In related news, SVP Ricardo Galvan sold 4,950 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $65.00, for a total transaction of $321,750.00. Following the completion of the transaction, the senior vice president now owns 27,472 shares in the company, valued at approximately $1,785,680. This represents a 15.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO William J. Krueger sold 2,389 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $62.94, for a total transaction of $150,363.66. Following the sale, the chief operating officer now directly owns 50,714 shares in the company, valued at approximately $3,191,939.16. The trade was a 4.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,703 shares of company stock worth $790,338 over the last three months. 1.78% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on GBX shares. Susquehanna upped their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research report on Monday, October 21st. Bank of America upped 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 a consensus rating of “Hold” and an average price target of $63.00.

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.