Versor Investments LP Makes New $566,000 Investment in The Greenbrier Companies, Inc. (NYSE:GBX)

Versor Investments LP bought a new stake in The Greenbrier Companies, Inc. (NYSE:GBX) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,279 shares of the transportation company’s stock, valued at approximately $566,000.

A number of other hedge funds have also recently made changes to their positions in GBX. R Squared Ltd bought a new position in Greenbrier Companies in the 4th quarter valued at approximately $26,000. Gladius Capital Management LP bought a new stake in Greenbrier Companies during the 3rd quarter worth approximately $32,000. KBC Group NV increased its position 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 acquiring an additional 537 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Greenbrier Companies during the third quarter valued at $107,000. Finally, Westhampton Capital LLC acquired a new position in shares of Greenbrier Companies during the fourth quarter worth $207,000. 95.59% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Greenbrier Companies

In other news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $63.21, for a total value of $126,420.00. Following the completion of the transaction, the chief operating officer now owns 42,714 shares in the company, valued at $2,699,951.94. This trade represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.78% of the company’s stock.

Greenbrier Companies Price Performance

Shares of NYSE:GBX opened at $56.13 on Friday. 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 stock has a market cap of $1.76 billion, a PE ratio of 9.79, a price-to-earnings-growth ratio of 0.80 and a beta of 1.52. The stock’s fifty day simple moving average is $62.60 and its two-hundred day simple moving average is $58.45. The Greenbrier Companies, Inc. has a 1-year low of $41.40 and a 1-year high of $71.06.

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

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, January 29th. Greenbrier Companies’s dividend payout ratio is currently 20.94%.

Analyst Ratings Changes

Separately, Bank of America increased their price objective on Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a report on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to data from MarketBeat, Greenbrier Companies presently has a consensus rating of “Hold” and a consensus target price 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.