Krueger & Catalano Capital Partners LLC bought a new position in shares of Greenbrier Companies Inc (NYSE:GBX) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 43,145 shares of the transportation company’s stock, valued at approximately $2,300,000. Greenbrier Companies accounts for about 1.9% of Krueger & Catalano Capital Partners LLC’s investment portfolio, making the stock its 15th largest position. Krueger & Catalano Capital Partners LLC owned approximately 0.15% of Greenbrier Companies at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GBX. Eqis Capital Management Inc. acquired a new position in Greenbrier Companies during the 4th quarter worth approximately $206,000. C M Bidwell & Associates Ltd. acquired a new position in Greenbrier Companies during the 4th quarter worth approximately $245,000. Macquarie Group Ltd. acquired a new position in Greenbrier Companies during the 3rd quarter worth approximately $265,000. Piedmont Investment Advisors LLC acquired a new position in Greenbrier Companies during the 2nd quarter worth approximately $284,000. Finally, Jennison Associates LLC purchased a new stake in shares of Greenbrier Companies during the 3rd quarter worth approximately $285,000.
In related news, CEO William A. Furman sold 117,652 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $46.91, for a total value of $5,519,055.32. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Alejandro Centurion sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $52.00, for a total value of $260,000.00. Following the completion of the sale, the executive vice president now directly owns 13,523 shares in the company, valued at approximately $703,196. The disclosure for this sale can be found here. In the last ninety days, insiders sold 218,352 shares of company stock worth $10,268,342. 2.46% of the stock is owned by corporate insiders.
Shares of Greenbrier Companies Inc (NYSE:GBX) opened at $46.45 on Monday. The company has a market capitalization of $1,333.14, a P/E ratio of 11.97, a PEG ratio of 1.19 and a beta of 1.67. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.04 and a current ratio of 2.96. Greenbrier Companies Inc has a 52 week low of $40.45 and a 52 week high of $54.45.
Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Friday, January 5th. The transportation company reported $0.90 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.02. The business had revenue of $559.50 million for the quarter, compared to analyst estimates of $591.05 million. Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The company’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.79 EPS. research analysts expect that Greenbrier Companies Inc will post 4.12 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Friday, January 26th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, January 25th. Greenbrier Companies’s dividend payout ratio (DPR) is 24.86%.
GBX has been the topic of several research analyst reports. KeyCorp reissued a “buy” rating and set a $60.00 price target on shares of Greenbrier Companies in a research note on Tuesday, October 24th. ValuEngine raised Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Seaport Global Securities initiated coverage on Greenbrier Companies in a research note on Thursday, January 4th. They set a “buy” rating and a $65.00 price target on the stock. Finally, Stifel Nicolaus set a $55.00 price target on Greenbrier Companies and gave the stock a “buy” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company. Greenbrier Companies currently has an average rating of “Buy” and an average price target of $58.29.
ILLEGAL ACTIVITY WARNING: This piece of content was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright laws. The legal version of this piece of content can be read at https://www.dispatchtribunal.com/2018/02/12/krueger-catalano-capital-partners-llc-invests-2-30-million-in-greenbrier-companies-inc-gbx-stock.html.
Greenbrier Companies Company Profile
The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.
Receive News & Ratings for Greenbrier Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenbrier Companies and related companies with MarketBeat.com's FREE daily email newsletter.