M3 Advisory Group LLC Makes New $225,000 Investment in The Greenbrier Companies, Inc. (NYSE:GBX)

M3 Advisory Group LLC acquired a new position in The Greenbrier Companies, Inc. (NYSE:GBXFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,687 shares of the transportation company’s stock, valued at approximately $225,000.

A number of other large investors also recently modified their holdings of GBX. Canada Pension Plan Investment Board purchased a new stake in Greenbrier Companies in the 2nd quarter valued at $25,000. GAMMA Investing LLC raised its holdings in shares of Greenbrier Companies by 60.9% in the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 207 shares during the last quarter. Gladius Capital Management LP bought a new position in shares of Greenbrier Companies during the third quarter valued at about $32,000. NBC Securities Inc. purchased a new position in Greenbrier Companies during the third quarter worth about $55,000. Finally, nVerses Capital LLC bought a new stake in Greenbrier Companies in the 3rd quarter worth about $102,000. Institutional investors own 95.59% of the company’s stock.

Insider Activity at Greenbrier Companies

In other Greenbrier Companies news, SVP Ricardo Galvan sold 1,388 shares of the business’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $62.00, for a total transaction of $86,056.00. Following the sale, the senior vice president now owns 32,388 shares of the company’s stock, valued at $2,008,056. The trade was a 4.11 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO William J. Krueger sold 2,000 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $58.78, for a total value of $117,560.00. Following the completion of the transaction, the chief operating officer now directly owns 48,714 shares of the company’s stock, valued at $2,863,408.92. The trade was a 3.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,727 shares of company stock worth $675,730. Company insiders own 1.78% of the company’s stock.

Wall Street Analysts Forecast Growth

GBX has been the topic of several recent analyst reports. Bank of America lifted their target price on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a research report on Thursday, January 9th. Susquehanna lifted their price target on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a report on Monday, October 21st. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $63.00.

Read Our Latest Stock Analysis on Greenbrier Companies

Greenbrier Companies Stock Performance

Shares of GBX stock opened at $70.69 on Friday. The Greenbrier Companies, Inc. has a 52 week low of $41.40 and a 52 week high of $71.06. The firm’s 50-day simple moving average is $65.25 and its two-hundred day simple moving average is $55.94. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 12.34, a P/E/G ratio of 0.98 and a beta of 1.54. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53.

Greenbrier Companies (NYSE:GBXGet Free Report) last posted its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.16 by $0.56. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business had revenue of $875.90 million for the quarter, compared to the consensus estimate of $849.51 million. During the same quarter in the prior year, the business earned $0.96 earnings per share. Greenbrier Companies’s revenue for the quarter was up 8.3% on a year-over-year basis. As a group, equities analysts forecast that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Wednesday, January 29th. Greenbrier Companies’s dividend payout ratio (DPR) is currently 20.94%.

About Greenbrier Companies

(Free Report)

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.

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

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