The Greenbrier Companies, Inc. (NYSE:GBX) Position Reduced by Centiva Capital LP

Centiva Capital LP reduced its holdings in The Greenbrier Companies, Inc. (NYSE:GBX) by 43.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,554 shares of the transportation company’s stock after selling 3,462 shares during the quarter. Centiva Capital LP’s holdings in Greenbrier Companies were worth $278,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp lifted its position 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 purchasing an additional 4,876 shares during the last quarter. M3 Advisory Group LLC purchased a new position in shares of Greenbrier Companies in the fourth quarter worth approximately $225,000. Allspring Global Investments Holdings LLC purchased a new position in shares of Greenbrier Companies in the fourth quarter worth approximately $2,527,000. Hennessy Advisors Inc. increased its position in shares of Greenbrier Companies by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 197,300 shares of the transportation company’s stock worth $12,033,000 after acquiring an additional 12,600 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Greenbrier Companies by 3.1% during the third quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company’s stock worth $990,000 after purchasing an additional 562 shares during the period. 95.59% of the stock is currently owned by institutional investors.

Greenbrier Companies Price Performance

NYSE:GBX opened at $47.26 on Tuesday. The Greenbrier Companies, Inc. has a one year low of $37.77 and a one year high of $71.06. The stock has a market cap of $1.48 billion, a P/E ratio of 8.25, a PEG ratio of 0.80 and a beta of 1.79. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The company has a fifty day moving average price of $47.29 and a 200 day moving average price of $57.83.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.09). Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The business had revenue of $762.10 million during the quarter, compared to analyst estimates of $898.53 million. During the same quarter in the prior year, the company posted $1.03 EPS. The company’s quarterly revenue was down 11.7% compared to the same quarter last year. Analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd will be paid a dividend of $0.32 per share. This is a positive change from Greenbrier Companies’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $1.28 annualized dividend and a yield of 2.71%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 20.45%.

Wall Street Analysts Forecast Growth

Separately, Susquehanna lowered their price objective on shares of Greenbrier Companies from $75.00 to $52.00 and set a “positive” rating on the stock in a research report on Tuesday, April 8th.

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.