LSV Asset Management Purchases 60,400 Shares of Greenbrier Companies, Inc. (The) $GBX

LSV Asset Management raised its holdings in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 10.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 655,464 shares of the transportation company’s stock after acquiring an additional 60,400 shares during the quarter. LSV Asset Management owned approximately 2.12% of Greenbrier Companies worth $30,184,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Fox Run Management L.L.C. grew its position in Greenbrier Companies by 2.1% in the first quarter. Fox Run Management L.L.C. now owns 16,271 shares of the transportation company’s stock valued at $833,000 after purchasing an additional 327 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Greenbrier Companies by 7.4% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,059 shares of the transportation company’s stock worth $371,000 after buying an additional 555 shares in the last quarter. US Bancorp DE boosted its stake in shares of Greenbrier Companies by 111.1% during the 1st quarter. US Bancorp DE now owns 1,121 shares of the transportation company’s stock worth $57,000 after buying an additional 590 shares during the last quarter. Moors & Cabot Inc. grew its holdings in shares of Greenbrier Companies by 5.9% in the 2nd quarter. Moors & Cabot Inc. now owns 12,650 shares of the transportation company’s stock valued at $583,000 after acquiring an additional 700 shares in the last quarter. Finally, Sittner & Nelson LLC grew its holdings in shares of Greenbrier Companies by 1.5% in the 2nd quarter. Sittner & Nelson LLC now owns 51,233 shares of the transportation company’s stock valued at $2,359,000 after acquiring an additional 777 shares in the last quarter. Institutional investors own 95.59% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on GBX shares. Susquehanna reduced their price target on Greenbrier Companies from $57.00 to $52.00 and set a “positive” rating for the company in a research report on Wednesday, October 29th. Zacks Research cut Greenbrier Companies from a “hold” rating to a “strong sell” rating in a report on Thursday, October 30th. Wall Street Zen lowered Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Greenbrier Companies in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Greenbrier Companies has an average rating of “Reduce” and an average price target of $57.00.

Greenbrier Companies Trading Up 1.1%

Shares of NYSE:GBX opened at $42.15 on Wednesday. Greenbrier Companies, Inc. has a 12-month low of $37.77 and a 12-month high of $71.06. The business has a 50 day moving average of $44.72 and a 200-day moving average of $46.23. The company has a quick ratio of 0.82, a current ratio of 2.43 and a debt-to-equity ratio of 1.03. The stock has a market cap of $1.31 billion, a PE ratio of 6.69, a P/E/G ratio of 1.82 and a beta of 1.75.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Wednesday, May 31st. The transportation company reported $0.05 earnings per share for the quarter. Greenbrier Companies had a return on equity of 12.90% and a net margin of 6.30%.The business had revenue of $766.50 million during the quarter. As a group, equities research analysts forecast that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 12th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, November 12th. Greenbrier Companies’s payout ratio is presently 20.32%.

About Greenbrier Companies

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.