Jupiter Topco LLC Takes Position in Greenbrier Companies, Inc. (The) $GBX

Jupiter Topco LLC bought a new position in Greenbrier Companies, Inc. (The) (NYSE:GBX) during the second quarter, Holdings Channel reports. The firm bought 14,296 shares of the transportation company’s stock, valued at approximately $701,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Gen Wealth Partners Inc purchased a new position in Greenbrier Companies during the fourth quarter valued at approximately $38,000. Meeder Asset Management Inc. purchased a new stake in Greenbrier Companies in the 2nd quarter worth approximately $50,000. Quarry LP grew its stake 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 purchasing an additional 1,104 shares during the period. Tower Research Capital LLC TRC grew its stake 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 purchasing an additional 2,245 shares during the period. Finally, State of Wyoming purchased a new position in shares of Greenbrier Companies during the 2nd quarter valued at approximately $144,000. 95.59% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on GBX shares. Wall Street Zen raised shares of Greenbrier Companies from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Zacks Research upgraded shares of Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Susquehanna downgraded shares of Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price objective for the company. in a research report on Thursday, July 2nd. Finally, Weiss Ratings lowered shares of Greenbrier Companies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, September 1st. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $45.00.

Greenbrier Companies Stock Performance

Greenbrier Companies stock opened at $43.19 on Monday. The stock has a market capitalization of $1.34 billion, a P/E ratio of 12.82 and a beta of 1.42. The company’s fifty day moving average price is $47.51 and its 200 day moving average price is $49.76. Greenbrier Companies, Inc. has a 1 year low of $38.23 and a 1 year high of $59.19.

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

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 6th. Investors 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 3.1%. Greenbrier Companies’s dividend payout ratio (DPR) is currently 40.36%.

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.