150,148 Shares in Greenbrier Companies Inc (NYSE:GBX) Acquired by Nuveen Asset Management LLC

Nuveen Asset Management LLC acquired a new stake in shares of Greenbrier Companies Inc (NYSE:GBX) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 150,148 shares of the transportation company’s stock, valued at approximately $4,565,000. Nuveen Asset Management LLC owned about 0.46% of Greenbrier Companies as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Arizona State Retirement System lifted its position in shares of Greenbrier Companies by 0.7% during the second quarter. Arizona State Retirement System now owns 50,269 shares of the transportation company’s stock valued at $1,528,000 after buying an additional 365 shares during the last quarter. NEXT Financial Group Inc lifted its position in shares of Greenbrier Companies by 30.8% during the second quarter. NEXT Financial Group Inc now owns 1,700 shares of the transportation company’s stock valued at $52,000 after buying an additional 400 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Greenbrier Companies by 13.2% during the second quarter. Public Employees Retirement System of Ohio now owns 4,273 shares of the transportation company’s stock valued at $130,000 after buying an additional 497 shares during the last quarter. Advisory Services Network LLC lifted its position in shares of Greenbrier Companies by 242.2% during the second quarter. Advisory Services Network LLC now owns 1,540 shares of the transportation company’s stock valued at $47,000 after buying an additional 1,090 shares during the last quarter. Finally, Swiss National Bank lifted its position in shares of Greenbrier Companies by 2.0% during the second quarter. Swiss National Bank now owns 60,200 shares of the transportation company’s stock valued at $1,830,000 after buying an additional 1,200 shares during the last quarter. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Several research firms have commented on GBX. Zacks Investment Research lowered shares of Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 29th. Wells Fargo & Co reissued a “hold” rating on shares of Greenbrier Companies in a research report on Friday, October 25th. Susquehanna Bancshares lowered shares of Greenbrier Companies from a “positive” rating to a “neutral” rating and decreased their price target for the company from $33.00 to $30.00 in a research report on Friday. Cowen decreased their price objective on shares of Greenbrier Companies from $42.00 to $38.00 and set an “outperform” rating for the company in a research report on Monday, October 28th. Finally, ValuEngine raised shares of Greenbrier Companies from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Greenbrier Companies presently has a consensus rating of “Hold” and a consensus target price of $35.89.

GBX traded down $0.45 during trading on Friday, reaching $31.17. 214,409 shares of the company’s stock were exchanged, compared to its average volume of 474,386. The stock has a market capitalization of $1.05 billion, a P/E ratio of 10.86, a price-to-earnings-growth ratio of 1.22 and a beta of 2.12. Greenbrier Companies Inc has a 1 year low of $21.30 and a 1 year high of $50.38. The company’s fifty day simple moving average is $29.90 and its 200-day simple moving average is $29.02. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.31 and a quick ratio of 1.20.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data on Friday, October 25th. The transportation company reported $1.31 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.07). Greenbrier Companies had a return on equity of 6.95% and a net margin of 2.34%. The firm had revenue of $914.20 million for the quarter, compared to analyst estimates of $957.40 million. During the same period in the previous year, the business earned $0.94 EPS. Greenbrier Companies’s revenue for the quarter was up 32.6% compared to the same quarter last year. Equities analysts forecast that Greenbrier Companies Inc will post 2.8 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 13th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.00 dividend on an annualized basis and a yield of 3.21%. Greenbrier Companies’s dividend payout ratio is currently 34.84%.

In other news, EVP Mark J. Rittenbaum sold 6,041 shares of Greenbrier Companies stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $32.91, for a total transaction of $198,809.31. Following the transaction, the executive vice president now owns 63,837 shares in the company, valued at approximately $2,100,875.67. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark J. Rittenbaum sold 1,774 shares of Greenbrier Companies stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $30.26, for a total value of $53,681.24. Following the transaction, the executive vice president now owns 69,878 shares in the company, valued at approximately $2,114,508.28. The disclosure for this sale can be found here. 1.76% of the stock is currently owned by company insiders.

Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. The company operates in three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max and multi-max products for the transportation of light vehicles; conventional railcars, such as covered hopper cars, boxcars, center partition cars, bulkhead flat cars, and solid waste service flat cars; pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.

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Institutional Ownership by Quarter for Greenbrier Companies (NYSE:GBX)

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