Hodges Capital Management Inc. Has $2.55 Million Holdings in Greenbrier Companies, Inc. (The) $GBX

Hodges Capital Management Inc. increased its holdings in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 61.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 54,630 shares of the transportation company’s stock after acquiring an additional 20,835 shares during the quarter. Hodges Capital Management Inc. owned about 0.18% of Greenbrier Companies worth $2,553,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Goldman Sachs Group Inc. grew its position in shares of Greenbrier Companies by 98.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 762,907 shares of the transportation company’s stock worth $35,658,000 after purchasing an additional 379,314 shares in the last quarter. Algert Global LLC raised its position in shares of Greenbrier Companies by 106.8% in the third quarter. Algert Global LLC now owns 395,503 shares of the transportation company’s stock valued at $18,260,000 after buying an additional 204,229 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Greenbrier Companies by 2,223.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 160,592 shares of the transportation company’s stock valued at $7,415,000 after buying an additional 153,679 shares during the period. Qube Research & Technologies Ltd grew its position in Greenbrier Companies by 42.6% during the second quarter. Qube Research & Technologies Ltd now owns 510,505 shares of the transportation company’s stock worth $23,509,000 after buying an additional 152,524 shares in the last quarter. Finally, LSV Asset Management grew its position in Greenbrier Companies by 18.4% during the fourth quarter. LSV Asset Management now owns 789,711 shares of the transportation company’s stock worth $36,911,000 after buying an additional 122,709 shares in the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Trading Down 1.9%

Shares of Greenbrier Companies stock opened at $47.07 on Thursday. The company has a market cap of $1.46 billion, a PE ratio of 10.17 and a beta of 1.44. The company has a 50 day moving average of $49.24 and a 200-day moving average of $50.14. Greenbrier Companies, Inc. has a 1-year low of $38.23 and a 1-year high of $59.19.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Tuesday, April 7th. The transportation company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.35). The firm had revenue of $587.50 million during the quarter, compared to the consensus estimate of $667.02 million. Greenbrier Companies had a net margin of 5.12% and a return on equity of 8.94%. The business’s revenue was down 22.9% compared to the same quarter last year. During the same period last year, the business earned $1.56 earnings per share. Research analysts forecast that Greenbrier Companies, Inc. will post 3.2 earnings per share for the current year.

Greenbrier Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, April 20th were issued a dividend of $0.34 per share. This is an increase from Greenbrier Companies’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, April 20th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.9%. Greenbrier Companies’s payout ratio is presently 29.37%.

Wall Street Analysts Forecast Growth

GBX has been the subject of several analyst reports. Zacks Research raised Greenbrier Companies from a “strong sell” rating to a “hold” rating in a report on Monday. Weiss Ratings lowered Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $49.00.

Greenbrier Companies Profile

The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.

Greenbrier’s operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.