Greenbrier Companies Inc (NYSE:GBX) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its position in shares of Greenbrier Companies Inc (NYSE:GBX) by 6.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 420,739 shares of the transportation company’s stock after buying an additional 27,196 shares during the period. Charles Schwab Investment Management Inc. owned 1.30% of Greenbrier Companies worth $12,791,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GBX. First Trust Advisors LP lifted its stake in shares of Greenbrier Companies by 39.2% in the second quarter. First Trust Advisors LP now owns 75,355 shares of the transportation company’s stock worth $2,291,000 after buying an additional 21,234 shares in the last quarter. Mason Street Advisors LLC lifted its stake in shares of Greenbrier Companies by 3.4% in the first quarter. Mason Street Advisors LLC now owns 10,389 shares of the transportation company’s stock worth $335,000 after buying an additional 343 shares in the last quarter. OppenheimerFunds Inc. lifted its stake in shares of Greenbrier Companies by 2.0% in the first quarter. OppenheimerFunds Inc. now owns 534,516 shares of the transportation company’s stock worth $17,228,000 after buying an additional 10,341 shares in the last quarter. Aperio Group LLC lifted its stake in shares of Greenbrier Companies by 10.6% in the second quarter. Aperio Group LLC now owns 27,246 shares of the transportation company’s stock worth $828,000 after buying an additional 2,603 shares in the last quarter. Finally, Schroder Investment Management Group purchased a new position in shares of Greenbrier Companies in the second quarter worth about $2,161,000. 88.83% of the stock is currently owned by hedge funds and other institutional investors.

Shares of GBX stock traded up $0.65 during trading on Friday, reaching $29.15. The company’s stock had a trading volume of 287,013 shares, compared to its average volume of 372,857. Greenbrier Companies Inc has a 1-year low of $21.30 and a 1-year high of $61.14. The stock’s 50-day moving average price is $26.84 and its 200 day moving average price is $29.37. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.61 and a quick ratio of 1.43. The company has a market capitalization of $946.79 million, a price-to-earnings ratio of 7.06, a P/E/G ratio of 0.86 and a beta of 2.09.

Several equities analysts have recently weighed in on the stock. Stifel Nicolaus decreased their price target on shares of Greenbrier Companies from $44.00 to $36.00 and set a “buy” rating on the stock in a research note on Wednesday, July 3rd. Wells Fargo & Co cut their price objective on shares of Greenbrier Companies from $36.00 to $30.00 and set a “market perform” rating for the company in a research report on Wednesday, July 3rd. ValuEngine upgraded shares of Greenbrier Companies from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Buckingham Research cut shares of Greenbrier Companies from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $34.00 to $21.00 in a research report on Wednesday, July 24th. Finally, Zacks Investment Research upgraded shares of Greenbrier Companies from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. Greenbrier Companies has an average rating of “Hold” and an average price target of $37.13.

Greenbrier Companies Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. The company operates in three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max and multi-max products for the transportation of light vehicles; conventional railcars, such as covered hopper cars, boxcars, center partition cars, bulkhead flat cars, and solid waste service flat cars; pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.

Read More: What are benefits of a growth and income fund?

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

Receive News & Ratings for Greenbrier Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenbrier Companies and related companies with MarketBeat.com's FREE daily email newsletter.