Fox Run Management L.L.C. Decreases Stake in Greenbrier Companies, Inc. (The) $GBX

Fox Run Management L.L.C. lessened its position in shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) by 32.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,948 shares of the transportation company’s stock after selling 11,143 shares during the quarter. Fox Run Management L.L.C. owned 0.07% of Greenbrier Companies worth $1,073,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Quarry LP increased its position 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 acquiring an additional 1,104 shares during the last quarter. State of Wyoming purchased a new stake in Greenbrier Companies during the third quarter valued at $58,000. Danske Bank A S purchased a new stake in Greenbrier Companies during the fourth quarter valued at $61,000. Tower Research Capital LLC TRC increased its position in Greenbrier Companies by 282.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,040 shares of the transportation company’s stock valued at $140,000 after acquiring an additional 2,245 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Greenbrier Companies during the third quarter valued at $180,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Stock Up 1.7%

Shares of GBX opened at $48.01 on Wednesday. The business has a 50-day simple moving average of $49.33 and a two-hundred day simple moving average of $50.11. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 10.37 and a beta of 1.44. Greenbrier Companies, Inc. has a 52 week low of $38.23 and a 52 week high of $59.19.

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

Greenbrier Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 20th were given a $0.34 dividend. The ex-dividend date was Monday, April 20th. This is a positive change from Greenbrier Companies’s previous quarterly dividend of $0.32. This represents a $1.36 dividend on an annualized basis and a yield of 2.8%. Greenbrier Companies’s dividend payout ratio (DPR) is currently 29.37%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Weiss Ratings cut Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Zacks Research cut Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target 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.