Texas Permanent School Fund Has $848,000 Stock Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Texas Permanent School Fund grew its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBXGet Rating) by 2.1% in the second quarter, Holdings Channel reports. The institutional investor owned 23,554 shares of the transportation company’s stock after acquiring an additional 480 shares during the period. Texas Permanent School Fund’s holdings in Greenbrier Companies were worth $848,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Mutual of America Capital Management LLC grew its holdings in shares of Greenbrier Companies by 5.5% during the first quarter. Mutual of America Capital Management LLC now owns 4,690 shares of the transportation company’s stock valued at $242,000 after buying an additional 244 shares during the last quarter. Teacher Retirement System of Texas grew its holdings in shares of Greenbrier Companies by 7.0% during the first quarter. Teacher Retirement System of Texas now owns 6,704 shares of the transportation company’s stock valued at $345,000 after buying an additional 437 shares during the last quarter. Manchester Capital Management LLC grew its holdings in shares of Greenbrier Companies by 4.0% during the first quarter. Manchester Capital Management LLC now owns 11,884 shares of the transportation company’s stock valued at $612,000 after buying an additional 458 shares during the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Greenbrier Companies during the first quarter valued at about $26,000. Finally, Bank of Montreal Can grew its holdings in shares of Greenbrier Companies by 6.1% during the first quarter. Bank of Montreal Can now owns 9,785 shares of the transportation company’s stock valued at $515,000 after buying an additional 566 shares during the last quarter. 98.23% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Greenbrier Companies news, Director William A. Furman sold 20,000 shares of Greenbrier Companies stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $37.12, for a total value of $742,400.00. Following the sale, the director now owns 303,018 shares of the company’s stock, valued at $11,248,028.16. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Greenbrier Companies news, Director William A. Furman sold 20,000 shares of Greenbrier Companies stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $37.12, for a total value of $742,400.00. Following the sale, the director now owns 303,018 shares of the company’s stock, valued at $11,248,028.16. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director William A. Furman sold 30,000 shares of Greenbrier Companies stock in a transaction dated Monday, November 14th. The stock was sold at an average price of $38.61, for a total transaction of $1,158,300.00. Following the completion of the sale, the director now directly owns 253,018 shares in the company, valued at approximately $9,769,024.98. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 90,000 shares of company stock valued at $3,439,900. Company insiders own 3.35% of the company’s stock.

Greenbrier Companies Stock Up 0.9 %

Greenbrier Companies stock opened at $37.16 on Monday. The stock has a market cap of $1.22 billion, a PE ratio of 26.73, a price-to-earnings-growth ratio of 1.92 and a beta of 1.50. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.08 and a current ratio of 1.87. The Greenbrier Companies, Inc. has a fifty-two week low of $23.80 and a fifty-two week high of $53.46. The firm’s 50-day simple moving average is $30.01 and its 200 day simple moving average is $33.24.

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 29th. Shareholders of record on Tuesday, November 8th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend is Monday, November 7th. Greenbrier Companies’s dividend payout ratio is 77.70%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Susquehanna cut shares of Greenbrier Companies from a “positive” rating to a “neutral” rating and boosted their price target for the stock from $30.00 to $37.00 in a report on Monday, November 7th. StockNews.com upgraded shares of Greenbrier Companies from a “sell” rating to a “hold” rating in a report on Thursday. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Greenbrier Companies presently has a consensus rating of “Hold” and an average price target of $48.00.

About Greenbrier Companies

(Get Rating)

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; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, center partition cars, and bulkhead flat cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels.

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Institutional Ownership by Quarter for Greenbrier Companies (NYSE:GBX)

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