Renaissance Technologies LLC raised its holdings in Greenbrier Companies Inc (NYSE:GBX) by 128.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 626,000 shares of the transportation company’s stock after buying an additional 352,301 shares during the quarter. Renaissance Technologies LLC’s holdings in Greenbrier Companies were worth $33,366,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Eqis Capital Management Inc. acquired a new stake in Greenbrier Companies in the fourth quarter valued at approximately $206,000. Amalgamated Bank acquired a new stake in Greenbrier Companies in the fourth quarter valued at approximately $212,000. Baird Financial Group Inc. acquired a new stake in Greenbrier Companies in the fourth quarter valued at approximately $213,000. Mengis Capital Management Inc. acquired a new stake in Greenbrier Companies in the fourth quarter valued at approximately $239,000. Finally, C M Bidwell & Associates Ltd. acquired a new stake in Greenbrier Companies in the fourth quarter valued at approximately $245,000.
Several analysts have commented on the company. ValuEngine raised Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 14th. Zacks Investment Research lowered Greenbrier Companies from a “buy” rating to a “hold” rating in a research note on Monday, March 12th. Stifel Nicolaus set a $55.00 price target on Greenbrier Companies and gave the stock a “buy” rating in a research note on Friday, February 9th. Finally, Seaport Global Securities started coverage on Greenbrier Companies in a research note on Thursday, January 4th. They issued a “buy” rating and a $65.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $58.00.
Shares of Greenbrier Companies Inc (NYSE GBX) opened at $51.30 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.96 and a quick ratio of 2.04. The stock has a market capitalization of $1,479.52, a P/E ratio of 13.29, a PEG ratio of 1.31 and a beta of 1.57. Greenbrier Companies Inc has a 12 month low of $40.60 and a 12 month high of $54.45.
Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Friday, January 5th. The transportation company reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.02. The firm 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 business’s revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.79 earnings per share. research analysts predict that Greenbrier Companies Inc will post 4.13 EPS for the current fiscal year.
In other news, EVP Alejandro Centurion sold 5,000 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $52.00, for a total value of $260,000.00. Following the sale, the executive vice president now directly owns 13,523 shares of the company’s stock, valued at $703,196. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.46% of the company’s stock.
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About Greenbrier Companies
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.
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