Chicago Equity Partners LLC decreased its position in Greenbrier Companies Inc (NYSE:GBX) by 72.5% in the second quarter, Holdings Channel reports. The institutional investor owned 10,395 shares of the transportation company’s stock after selling 27,405 shares during the quarter. Chicago Equity Partners LLC’s holdings in Greenbrier Companies were worth $548,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. increased its stake in Greenbrier Companies by 4.3% in the 2nd quarter. D.A. Davidson & CO. now owns 23,074 shares of the transportation company’s stock worth $1,217,000 after purchasing an additional 946 shares during the period. Meridian Wealth Management LLC increased its stake in Greenbrier Companies by 17.9% in the 1st quarter. Meridian Wealth Management LLC now owns 7,340 shares of the transportation company’s stock worth $369,000 after purchasing an additional 1,115 shares during the period. Piermont Capital Management Inc. increased its stake in Greenbrier Companies by 2.3% in the 1st quarter. Piermont Capital Management Inc. now owns 50,490 shares of the transportation company’s stock worth $2,537,000 after purchasing an additional 1,120 shares during the period. Xact Kapitalforvaltning AB increased its stake in Greenbrier Companies by 31.2% in the 1st quarter. Xact Kapitalforvaltning AB now owns 5,044 shares of the transportation company’s stock worth $253,000 after purchasing an additional 1,200 shares during the period. Finally, First Midwest Bank Trust Division increased its stake in Greenbrier Companies by 13.2% in the 2nd quarter. First Midwest Bank Trust Division now owns 11,003 shares of the transportation company’s stock worth $580,000 after purchasing an additional 1,282 shares during the period.

GBX opened at $56.60 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.97 and a current ratio of 2.82. Greenbrier Companies Inc has a 52-week low of $41.95 and a 52-week high of $60.90. The company has a market cap of $1.86 billion, a PE ratio of 15.05, a price-to-earnings-growth ratio of 1.49 and a beta of 1.76.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Friday, June 29th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.16. Greenbrier Companies had a return on equity of 10.56% and a net margin of 5.92%. The firm had revenue of $641.40 million for the quarter, compared to analysts’ expectations of $668.52 million. During the same period in the previous year, the firm earned $1.03 earnings per share. The business’s revenue was up 46.0% compared to the same quarter last year. equities analysts anticipate that Greenbrier Companies Inc will post 4.24 EPS for the current year.

In related news, EVP Brian J. Comstock sold 2,500 shares of Greenbrier Companies stock in a transaction that occurred on Friday, July 20th. The stock was sold at an average price of $58.06, for a total transaction of $145,150.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Anne Manning sold 3,000 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, July 18th. The shares were sold at an average price of $55.05, for a total value of $165,150.00. Following the sale, the vice president now owns 14,093 shares in the company, valued at $775,819.65. The disclosure for this sale can be found here. Insiders have sold 15,399 shares of company stock worth $857,398 over the last three months. Insiders own 2.46% of the company’s stock.

GBX has been the topic of several research analyst reports. Wells Fargo & Co set a $55.00 target price on Greenbrier Companies and gave the company a “hold” rating in a research note on Monday, July 2nd. Cowen reissued a “buy” rating and set a $58.00 target price on shares of Greenbrier Companies in a research note on Friday, June 29th. Zacks Investment Research raised Greenbrier Companies from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a research note on Monday, June 11th. ValuEngine cut Greenbrier Companies from a “buy” rating to a “hold” rating in a research note on Saturday, June 2nd. Finally, Mizuho initiated coverage on Greenbrier Companies in a research note on Wednesday, July 18th. They set a “neutral” rating and a $62.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $60.75.

Greenbrier Companies Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe. Its 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; and 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.

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

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