KBC Group NV Grows Stock Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

KBC Group NV grew its stake in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 57.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,466 shares of the transportation company’s stock after acquiring an additional 537 shares during the quarter. KBC Group NV’s holdings in Greenbrier Companies were worth $89,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of GBX. The Manufacturers Life Insurance Company increased its holdings in shares of Greenbrier Companies by 4.7% during the second quarter. The Manufacturers Life Insurance Company now owns 15,530 shares of the transportation company’s stock valued at $770,000 after acquiring an additional 702 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Greenbrier Companies by 60.9% during the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 207 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of Greenbrier Companies during the third quarter valued at about $55,000. von Borstel & Associates Inc. acquired a new position in shares of Greenbrier Companies during the third quarter valued at about $1,823,000. Finally, nVerses Capital LLC acquired a new position in Greenbrier Companies in the 3rd quarter worth approximately $102,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Trading Down 0.6 %

Greenbrier Companies stock opened at $64.83 on Monday. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89. The Greenbrier Companies, Inc. has a 12 month low of $41.40 and a 12 month high of $71.06. The stock’s 50 day simple moving average is $65.09 and its two-hundred day simple moving average is $57.32. The firm has a market cap of $2.03 billion, a PE ratio of 11.31, a P/E/G ratio of 0.94 and a beta of 1.52.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, January 8th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The firm had revenue of $875.90 million for the quarter, compared to analyst estimates of $849.51 million. During the same quarter last year, the firm posted $0.96 EPS. The business’s revenue was up 8.3% on a year-over-year basis. Analysts anticipate that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, January 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.85%. Greenbrier Companies’s dividend payout ratio (DPR) is 20.94%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on GBX shares. Susquehanna increased their price target on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a report on Monday, October 21st. Bank of America increased their price target on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a report on Thursday, January 9th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $63.00.

Insider Activity

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total value of $126,420.00. Following the transaction, the chief operating officer now owns 42,714 shares in the company, valued at approximately $2,699,951.94. This trade represents a 4.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.78% of the company’s stock.

Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.