Empowered Funds LLC Purchases Shares of 143,012 Greenbrier Companies, Inc. (The) $GBX

Empowered Funds LLC acquired a new stake in Greenbrier Companies, Inc. (The) (NYSE:GBX) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 143,012 shares of the transportation company’s stock, valued at approximately $7,009,000. Empowered Funds LLC owned approximately 0.46% of Greenbrier Companies as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GBX. Gen Wealth Partners Inc bought a new stake in Greenbrier Companies in the fourth quarter valued at about $38,000. Meeder Asset Management Inc. bought a new position in Greenbrier Companies during the second quarter worth about $50,000. Quarry LP boosted its holdings in Greenbrier Companies by 6,900.0% during the third quarter. Quarry LP now owns 1,120 shares of the transportation company’s stock valued at $52,000 after purchasing an additional 1,104 shares in the last quarter. Danske Bank A S acquired a new stake in Greenbrier Companies during the fourth quarter valued at approximately $61,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Greenbrier Companies in the 2nd quarter valued at approximately $62,000. 95.59% of the stock is owned by institutional investors.

Greenbrier Companies Trading Up 0.1%

NYSE:GBX opened at $45.95 on Monday. Greenbrier Companies, Inc. has a 1 year low of $38.23 and a 1 year high of $59.19. The firm has a 50 day moving average of $48.20 and a 200-day moving average of $50.21. The stock has a market capitalization of $1.42 billion, a P/E ratio of 13.64 and a beta of 1.43.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Wednesday, July 1st. The transportation company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.03. Greenbrier Companies had a return on equity of 6.49% and a net margin of 4.07%.The business had revenue of $576.50 million for the quarter, compared to analyst estimates of $612.69 million. During the same period in the prior year, the company earned $1.86 EPS. Greenbrier Companies’s revenue for the quarter was down 31.6% on a year-over-year basis. As a group, analysts forecast that Greenbrier Companies, Inc. will post 3.1 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 6th. Shareholders of record on Thursday, July 16th were paid a $0.34 dividend. The ex-dividend date of this dividend was Thursday, July 16th. This represents a $1.36 dividend on an annualized basis and a yield of 3.0%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 40.36%.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Zacks Research upgraded Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Susquehanna cut Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price target on the stock. in a research report on Thursday, July 2nd. Wall Street Zen upgraded Greenbrier Companies from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings cut Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $45.00.

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.