Dana Investment Advisors Inc. Has $8.68 Million Holdings in The Greenbrier Companies, Inc. (NYSE:GBX)

Dana Investment Advisors Inc. cut its holdings in The Greenbrier Companies, Inc. (NYSE:GBX) by 16.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,233 shares of the transportation company’s stock after selling 28,719 shares during the period. Dana Investment Advisors Inc. owned approximately 0.45% of Greenbrier Companies worth $8,675,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of GBX. R Squared Ltd acquired a new stake in shares of Greenbrier Companies in the fourth quarter worth about $26,000. Gladius Capital Management LP acquired a new stake in Greenbrier Companies in the 3rd quarter worth approximately $32,000. Smartleaf Asset Management LLC boosted its position in Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company’s stock worth $56,000 after purchasing an additional 644 shares during the period. KBC Group NV boosted its position in Greenbrier Companies by 57.8% during the fourth quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock worth $89,000 after purchasing an additional 537 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Greenbrier Companies during the third quarter valued at approximately $107,000. 95.59% of the stock is owned by institutional investors and hedge funds.

Greenbrier Companies Price Performance

Shares of NYSE:GBX opened at $55.43 on Thursday. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 9.67, a PEG ratio of 0.80 and a beta of 1.62. The business has a 50 day moving average price of $62.12 and a 200 day moving average price of $58.63. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The Greenbrier Companies, Inc. has a twelve month low of $41.40 and a twelve month high of $71.06.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.56. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The company had revenue of $875.90 million during the quarter, compared to analysts’ expectations of $849.51 million. During the same period in the prior year, the business earned $0.96 earnings per share. Greenbrier Companies’s revenue for the quarter was up 8.3% compared to the same quarter last year. Research analysts predict that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $1.20 annualized dividend and a yield of 2.17%. Greenbrier Companies’s dividend payout ratio is 20.94%.

Wall Street Analyst Weigh In

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

Insider Transactions at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $63.21, for a total value of $126,420.00. Following the completion of the sale, 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 Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.78% of the company’s stock.

About Greenbrier Companies

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.