Greenbrier Companies, Inc. (The) (NYSE:GBX) Stock Position Reduced by Carolina Wealth Advisors LLC

Carolina Wealth Advisors LLC lessened its position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 59.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,595 shares of the transportation company’s stock after selling 8,264 shares during the period. Carolina Wealth Advisors LLC’s holdings in Greenbrier Companies were worth $287,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Encompass Capital Advisors LLC lifted its holdings in shares of Greenbrier Companies by 26.2% in the 4th quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company’s stock worth $56,735,000 after purchasing an additional 193,340 shares during the last quarter. LSV Asset Management lifted its holdings in shares of Greenbrier Companies by 94.3% in the 4th quarter. LSV Asset Management now owns 545,185 shares of the transportation company’s stock worth $33,251,000 after purchasing an additional 264,552 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Greenbrier Companies by 2.0% in the 4th quarter. Ameriprise Financial Inc. now owns 536,381 shares of the transportation company’s stock worth $32,714,000 after purchasing an additional 10,521 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Greenbrier Companies by 5.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 518,819 shares of the transportation company’s stock worth $31,643,000 after purchasing an additional 27,683 shares during the last quarter. Finally, Bridgeway Capital Management LLC lifted its holdings in shares of Greenbrier Companies by 31.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 398,226 shares of the transportation company’s stock worth $24,288,000 after purchasing an additional 94,912 shares during the last quarter. Institutional investors own 95.59% of the company’s stock.

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $48.00, for a total value of $96,000.00. Following the sale, the chief operating officer now directly owns 36,714 shares in the company, valued at $1,762,272. This trade represents a 5.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.78% of the stock is owned by insiders.

Greenbrier Companies Trading Up 0.5%

Shares of NYSE GBX opened at $46.48 on Friday. Greenbrier Companies, Inc. has a 12-month low of $37.77 and a 12-month high of $71.06. The company has a current ratio of 1.50, a quick ratio of 0.83 and a debt-to-equity ratio of 0.85. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 7.42, a price-to-earnings-growth ratio of 1.87 and a beta of 1.73. The stock’s 50 day simple moving average is $44.95 and its 200 day simple moving average is $53.35.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Monday, April 7th. The transportation company reported $1.69 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.09). Greenbrier Companies had a net margin of 5.77% and a return on equity of 13.12%. 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 business earned $1.03 earnings per share. The firm’s revenue was down 11.7% compared to the same quarter last year. Equities research analysts expect that Greenbrier Companies, Inc. will post 5.9 EPS for the current year.

Greenbrier Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Tuesday, April 22nd were given a $0.32 dividend. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a yield of 2.75%. The ex-dividend date was Tuesday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is currently 20.45%.

Analyst Ratings Changes

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

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.