Skylands Capital LLC Trims Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Skylands Capital LLC trimmed its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 28.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,900 shares of the transportation company’s stock after selling 13,050 shares during the period. Skylands Capital LLC owned about 0.10% of Greenbrier Companies worth $2,007,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GBX. Hodges Capital Management Inc. lifted its holdings in Greenbrier Companies by 216.6% in the 3rd quarter. Hodges Capital Management Inc. now owns 319,094 shares of the transportation company’s stock valued at $16,239,000 after purchasing an additional 218,294 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Greenbrier Companies in the 4th quarter valued at about $2,527,000. Victory Capital Management Inc. lifted its holdings in Greenbrier Companies by 6.7% in the 3rd quarter. Victory Capital Management Inc. now owns 513,938 shares of the transportation company’s stock valued at $26,154,000 after purchasing an additional 32,191 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in Greenbrier Companies by 125.9% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 47,476 shares of the transportation company’s stock valued at $2,416,000 after purchasing an additional 26,457 shares in the last quarter. Finally, De Lisle Partners LLP lifted its holdings in Greenbrier Companies by 36.3% in the 3rd quarter. De Lisle Partners LLP now owns 93,949 shares of the transportation company’s stock valued at $4,777,000 after purchasing an additional 25,000 shares in the last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.78% of the stock is currently owned by insiders.

Greenbrier Companies Trading Down 1.3 %

Shares of GBX stock opened at $54.57 on Monday. The firm has a market cap of $1.71 billion, a P/E ratio of 9.52, a PEG ratio of 0.80 and a beta of 1.52. The Greenbrier Companies, Inc. has a 1-year low of $41.40 and a 1-year high of $71.06. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The firm’s 50-day simple moving average is $63.47 and its 200-day simple moving average is $58.08.

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

Greenbrier Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th were issued a $0.30 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $1.20 annualized dividend and a yield of 2.20%. Greenbrier Companies’s payout ratio is 20.94%.

Analysts Set New Price Targets

Separately, Bank of America upped their target price on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a report on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $63.00.

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.