Congruence Capital LLC Invests $6.35 Million in Greenbrier Companies, Inc. (The) $GBX

Congruence Capital LLC purchased a new position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 135,829 shares of the transportation company’s stock, valued at approximately $6,349,000. Greenbrier Companies accounts for about 2.3% of Congruence Capital LLC’s portfolio, making the stock its 20th largest position. Congruence Capital LLC owned approximately 0.44% of Greenbrier Companies as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Gen Wealth Partners Inc bought a new stake in shares of Greenbrier Companies during the 4th quarter worth approximately $38,000. Quarry LP lifted its holdings in shares of Greenbrier Companies by 6,900.0% during the 3rd quarter. Quarry LP now owns 1,120 shares of the transportation company’s stock worth $52,000 after acquiring an additional 1,104 shares during the period. State of Wyoming bought a new stake in shares of Greenbrier Companies during the 3rd quarter worth approximately $58,000. Danske Bank A S bought a new stake in shares of Greenbrier Companies during the 4th quarter worth approximately $61,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Greenbrier Companies by 282.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,040 shares of the transportation company’s stock worth $140,000 after acquiring an additional 2,245 shares during the period. Institutional investors own 95.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on GBX shares. Weiss Ratings downgraded shares of Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Zacks Research raised shares of Greenbrier Companies from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $49.00.

Greenbrier Companies Stock Up 1.3%

NYSE GBX opened at $48.02 on Friday. Greenbrier Companies, Inc. has a twelve month low of $38.23 and a twelve month high of $59.19. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 10.37 and a beta of 1.44. The business’s fifty day moving average is $49.04 and its 200 day moving average is $50.15.

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

Greenbrier Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 20th were issued a dividend of $0.34 per share. This is a positive change 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 annualized dividend and a dividend yield of 2.8%. Greenbrier Companies’s dividend payout ratio (DPR) is 29.37%.

About Greenbrier Companies

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.