Victory Capital Management Inc. raised its position in shares of Greenbrier Companies Inc. (NYSE:GBX) by 17.6% during the second quarter, Holdings Channel reports. The fund owned 7,984 shares of the company’s stock after buying an additional 1,194 shares during the period. Victory Capital Management Inc.’s holdings in Greenbrier Companies were worth $233,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. BlackRock Fund Advisors boosted its stake in shares of Greenbrier Companies by 0.6% in the first quarter. BlackRock Fund Advisors now owns 1,660,249 shares of the company’s stock worth $45,889,000 after buying an additional 10,449 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Greenbrier Companies by 9.4% in the first quarter. Royal Bank of Canada now owns 1,510,952 shares of the company’s stock worth $41,762,000 after buying an additional 129,483 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of Greenbrier Companies by 236.8% in the first quarter. Prudential Financial Inc. now owns 195,747 shares of the company’s stock worth $5,410,000 after buying an additional 137,621 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Greenbrier Companies by 226.0% in the first quarter. JPMorgan Chase & Co. now owns 170,628 shares of the company’s stock worth $4,716,000 after buying an additional 118,290 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Greenbrier Companies during the fourth quarter worth approximately $11,726,000. 94.55% of the stock is currently owned by hedge funds and other institutional investors.
Greenbrier Companies Inc. (NYSE:GBX) traded down 0.54% on Tuesday, reaching $35.22. 99,626 shares of the company traded hands. The firm has a 50 day moving average price of $34.03 and a 200 day moving average price of $30.57. The stock has a market capitalization of $993.34 million, a price-to-earnings ratio of 5.26 and a beta of 2.46. Greenbrier Companies Inc. has a 52-week low of $19.89 and a 52-week high of $42.04.
Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Wednesday, July 6th. The company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.09 by $0.03. Greenbrier Companies had a net margin of 7.60% and a return on equity of 23.41%. The firm had revenue of $612.90 million for the quarter. During the same quarter last year, the firm posted $1.49 earnings per share. Greenbrier Companies’s revenue was down 14.2% compared to the same quarter last year. Equities research analysts predict that Greenbrier Companies Inc. will post $5.81 EPS for the current year.
Several equities research analysts have issued reports on GBX shares. Zacks Investment Research cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research note on Monday, September 19th. Credit Agricole SA started coverage on shares of Greenbrier Companies in a research note on Friday. They set an “underperform” rating and a $35.00 price target on the stock. Wells Fargo & Co. reaffirmed a “hold” rating and set a $31.00 price target on shares of Greenbrier Companies in a research note on Monday, September 19th. Longbow Research cut shares of Greenbrier Companies from a “buy” rating to a “neutral” rating in a research note on Monday, June 20th. Finally, Cowen and Company decreased their price target on shares of Greenbrier Companies from $37.00 to $35.00 and set an “outperform” rating on the stock in a research note on Thursday, July 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. Greenbrier Companies currently has an average rating of “Hold” and a consensus price target of $35.13.
In other Greenbrier Companies news, EVP James T. Sharp sold 3,000 shares of the business’s stock in a transaction dated Monday, July 11th. The shares were sold at an average price of $30.00, for a total value of $90,000.00. Following the sale, the executive vice president now directly owns 3,487 shares in the company, valued at $104,610. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Alejandro Centurion sold 6,000 shares of the business’s stock in a transaction dated Friday, July 22nd. The stock was sold at an average price of $31.95, for a total transaction of $191,700.00. Following the completion of the sale, the executive vice president now owns 12,950 shares in the company, valued at $413,752.50. The disclosure for this sale can be found here. 4.60% of the stock is currently owned by company insiders.
Greenbrier Companies Company Profile
The Greenbrier Companies, Inc (Greenbrier), formerly Greenbrier Co Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe, a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services, railcar refurbishment and parts, leasing and other services.
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