Public Employees Retirement System of Ohio Sells 254 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Public Employees Retirement System of Ohio trimmed its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 12.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,733 shares of the transportation company’s stock after selling 254 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Greenbrier Companies were worth $69,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Greenbrier Companies by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 3,668,144 shares of the transportation company’s stock valued at $89,025,000 after buying an additional 55,071 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Greenbrier Companies by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,457,180 shares of the transportation company’s stock valued at $79,047,000 after purchasing an additional 74,051 shares in the last quarter. State Street Corp raised its stake in Greenbrier Companies by 2.8% in the first quarter. State Street Corp now owns 1,178,808 shares of the transportation company’s stock worth $60,720,000 after buying an additional 32,658 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its holdings in Greenbrier Companies by 31.9% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 1,032,460 shares of the transportation company’s stock worth $33,214,000 after buying an additional 249,720 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Greenbrier Companies by 1.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 699,021 shares of the transportation company’s stock valued at $30,128,000 after acquiring an additional 8,292 shares in the last quarter. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Price Performance

GBX opened at $52.12 on Friday. The business has a fifty day moving average of $48.67 and a 200 day moving average of $43.17. The stock has a market cap of $1.62 billion, a P/E ratio of 15.60, a PEG ratio of 1.91 and a beta of 1.66. The company has a quick ratio of 0.86, a current ratio of 1.82 and a debt-to-equity ratio of 1.03. The Greenbrier Companies, Inc. has a 52-week low of $25.41 and a 52-week high of $53.36.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Friday, January 5th. The transportation company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.25. Greenbrier Companies had a net margin of 2.77% and a return on equity of 9.13%. The business had revenue of $808.80 million for the quarter, compared to analyst estimates of $849.94 million. During the same period last year, the company posted $0.05 earnings per share. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Greenbrier Companies, Inc. will post 3.82 EPS for the current year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Thursday, January 25th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend was Wednesday, January 24th. Greenbrier Companies’s payout ratio is 35.93%.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded Greenbrier Companies from a “c+” rating to a “b” rating in a report on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $41.50.

Insider Transactions at Greenbrier Companies

In other Greenbrier Companies news, Director Wanda F. Felton sold 4,185 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $46.65, for a total value of $195,230.25. Following the completion of the transaction, the director now owns 7,365 shares in the company, valued at $343,577.25. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Greenbrier Companies news, EVP Brian J. Comstock sold 2,500 shares of the business’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $46.39, for a total transaction of $115,975.00. Following the transaction, the executive vice president now owns 80,111 shares of the company’s stock, valued at $3,716,349.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Wanda F. Felton sold 4,185 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $46.65, for a total value of $195,230.25. Following the completion of the sale, the director now directly owns 7,365 shares of the company’s stock, valued at $343,577.25. The disclosure for this sale can be found here. Insiders sold a total of 11,719 shares of company stock worth $547,803 over the last three months. 2.54% of the stock is currently owned by insiders.

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.