Louisiana State Employees Retirement System maintained its position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) during the second quarter, Holdings Channel reports. The fund owned 11,600 shares of the transportation company’s stock at the end of the second quarter. Louisiana State Employees Retirement System’s holdings in Greenbrier Companies, Inc. (The) were worth $537,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Greenbrier Companies, Inc. (The) by 7.1% in the first quarter. Vanguard Group Inc. now owns 5,200,115 shares of the transportation company’s stock worth $224,125,000 after buying an additional 343,139 shares in the last quarter. Schroder Investment Management Group boosted its position in shares of Greenbrier Companies, Inc. (The) by 975.6% in the first quarter. Schroder Investment Management Group now owns 786,285 shares of the transportation company’s stock worth $33,928,000 after buying an additional 713,185 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Greenbrier Companies, Inc. (The) by 14.1% in the first quarter. Victory Capital Management Inc. now owns 729,772 shares of the transportation company’s stock worth $31,454,000 after buying an additional 90,405 shares in the last quarter. State Street Corp boosted its position in shares of Greenbrier Companies, Inc. (The) by 14.3% in the first quarter. State Street Corp now owns 724,283 shares of the transportation company’s stock worth $31,217,000 after buying an additional 90,832 shares in the last quarter. Finally, OppenheimerFunds Inc. boosted its position in shares of Greenbrier Companies, Inc. (The) by 18.6% in the first quarter. OppenheimerFunds Inc. now owns 435,582 shares of the transportation company’s stock worth $18,774,000 after buying an additional 68,308 shares in the last quarter.

Greenbrier Companies, Inc. (NYSE GBX) traded down 0.86% on Thursday, hitting $46.05. 47,912 shares of the stock were exchanged. The company has a 50-day moving average price of $45.29 and a 200 day moving average price of $44.68. The company has a market capitalization of $1.31 billion, a PE ratio of 11.62 and a beta of 1.86. Greenbrier Companies, Inc. has a 1-year low of $28.95 and a 1-year high of $51.25.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last issued its quarterly earnings results on Thursday, June 29th. The transportation company reported $1.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.21. Greenbrier Companies, Inc. (The) had a net margin of 5.85% and a return on equity of 11.74%. The company had revenue of $439.20 million during the quarter, compared to the consensus estimate of $516.17 million. During the same quarter in the prior year, the firm posted $1.12 EPS. The firm’s quarterly revenue was down 28.3% on a year-over-year basis. Analysts anticipate that Greenbrier Companies, Inc. will post $3.54 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 8th. Stockholders of record on Tuesday, July 18th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend was Friday, July 14th. Greenbrier Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 22.17%.

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GBX has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a research note on Tuesday, June 6th. Stifel Nicolaus upgraded shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and raised their price target for the stock from $48.00 to $51.00 in a research note on Monday, July 17th. BidaskClub upgraded shares of Greenbrier Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research note on Tuesday. Buckingham Research initiated coverage on shares of Greenbrier Companies, Inc. (The) in a research note on Wednesday, June 21st. They set a “neutral” rating and a $45.00 price target for the company. Finally, Bank of America Corporation upgraded shares of Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and lifted their target price for the company from $49.00 to $59.00 in a research note on Tuesday, July 4th. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Greenbrier Companies, Inc. (The) presently has a consensus rating of “Hold” and a consensus target price of $45.28.

In other news, EVP Mark J. Rittenbaum sold 2,100 shares of the company’s stock in a transaction that occurred on Friday, May 26th. The shares were sold at an average price of $44.75, for a total transaction of $93,975.00. Following the completion of the sale, the executive vice president now owns 63,827 shares of the company’s stock, valued at approximately $2,856,258.25. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Alejandro Centurion sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 11th. The stock was sold at an average price of $43.05, for a total transaction of $129,150.00. Following the sale, the executive vice president now directly owns 17,583 shares of the company’s stock, valued at approximately $756,948.15. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,100 shares of company stock valued at $353,025. 4.60% of the stock is currently owned by insiders.

Greenbrier Companies, Inc. (The) Company Profile

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

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Institutional Ownership by Quarter for Greenbrier Companies, Inc. (The) (NYSE:GBX)

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