2,000 Shares in The Greenbrier Companies, Inc. (NYSE:GBX) Acquired by nVerses Capital LLC

nVerses Capital LLC acquired a new position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) during the third quarter, HoldingsChannel reports. The institutional investor acquired 2,000 shares of the transportation company’s stock, valued at approximately $102,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GBX. Canada Pension Plan Investment Board acquired a new stake in Greenbrier Companies during the second quarter worth approximately $25,000. Hexagon Capital Partners LLC acquired a new stake in Greenbrier Companies during the first quarter worth approximately $26,000. GAMMA Investing LLC raised its holdings in Greenbrier Companies by 60.9% during the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock worth $28,000 after purchasing an additional 207 shares in the last quarter. NBC Securities Inc. acquired a new stake in Greenbrier Companies during the third quarter worth approximately $55,000. Finally, Meeder Asset Management Inc. acquired a new stake in Greenbrier Companies during the second quarter worth approximately $67,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Insider Buying and Selling

In other Greenbrier Companies news, SVP Laurie R. Dornan sold 5,935 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $50.92, for a total value of $302,210.20. Following the transaction, the senior vice president now directly owns 23,226 shares in the company, valued at approximately $1,182,667.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.54% of the company’s stock.

Greenbrier Companies Price Performance

Shares of NYSE GBX opened at $52.09 on Monday. The firm has a market capitalization of $1.62 billion, a P/E ratio of 13.64, a PEG ratio of 0.60 and a beta of 1.53. The Greenbrier Companies, Inc. has a one year low of $32.00 and a one year high of $58.00. The company’s fifty day moving average is $48.61 and its two-hundred day moving average is $49.81. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73.

Greenbrier Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $1.20 annualized dividend and a dividend yield of 2.30%. Greenbrier Companies’s dividend payout ratio is presently 31.41%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Friday, August 23rd. One analyst has rated the stock with a sell rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Greenbrier Companies has an average rating of “Moderate Buy” and an average price target of $62.67.

Greenbrier Companies 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.