Daiwa Securities Group Inc. Has $4,089,000 Stake in Greenbrier Companies, Inc. (The) (GBX)

Daiwa Securities Group Inc. continued to hold its stake in Greenbrier Companies, Inc. (The) (NYSE:GBX) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 88,400 shares of the transportation company’s stock at the end of the second quarter. Daiwa Securities Group Inc. owned 0.31% of Greenbrier Companies, Inc. (The) worth $4,089,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the company. Schroder Investment Management Group boosted its stake in Greenbrier Companies, Inc. (The) by 975.6% in the first quarter. Schroder Investment Management Group now owns 786,285 shares of the transportation company’s stock valued at $33,928,000 after buying an additional 713,185 shares during the last quarter. Dalton Greiner Hartman Maher & Co. bought a new stake in shares of Greenbrier Companies, Inc. (The) during the second quarter worth $16,001,000. Vanguard Group Inc. boosted its stake in shares of Greenbrier Companies, Inc. (The) by 7.1% in the first quarter. Vanguard Group Inc. now owns 5,200,115 shares of the transportation company’s stock worth $224,125,000 after buying an additional 343,139 shares in the last quarter. Columbus Circle Investors acquired a new position in Greenbrier Companies, Inc. (The) during the first quarter valued at approximately $8,941,000. Finally, Norges Bank acquired a new position in Greenbrier Companies, Inc. (The) during the fourth quarter valued at approximately $4,361,000.

Greenbrier Companies, Inc. (NYSE:GBX) traded down 1.01% during midday trading on Friday, hitting $43.90. 244,993 shares of the company traded hands. Greenbrier Companies, Inc. has a 12-month low of $28.95 and a 12-month high of $51.25. The stock has a 50 day moving average of $44.76 and a 200 day moving average of $44.64. The stock has a market cap of $1.25 billion, a P/E ratio of 11.07 and a beta of 1.86.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last released its quarterly earnings results on Thursday, June 29th. The transportation company reported $1.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.21. Greenbrier Companies, Inc. (The) had a return on equity of 11.74% and a net margin of 5.85%. The business had revenue of $439.20 million during the quarter, compared to analyst estimates of $516.17 million. During the same quarter last year, the company posted $1.12 EPS. Greenbrier Companies, Inc. (The)’s revenue for the quarter was down 28.3% on a year-over-year basis. Equities research analysts predict that Greenbrier Companies, Inc. will post $3.54 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 8th. Investors of record on Tuesday, July 18th were given a $0.22 dividend. The ex-dividend date of this dividend was Friday, July 14th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.00%. Greenbrier Companies, Inc. (The)’s dividend payout ratio (DPR) is 22.17%.

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Several research firms have recently commented on GBX. BidaskClub raised shares of Greenbrier Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Buckingham Research began coverage on shares of Greenbrier Companies, Inc. (The) in a research note on Wednesday, June 21st. They issued a “neutral” rating and a $45.00 price target for the company. Bank of America Corporation upgraded shares of Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $49.00 to $59.00 in a research note on Tuesday, July 4th. Cowen and Company boosted their price objective on shares of Greenbrier Companies, Inc. (The) from $50.00 to $57.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 4th. Finally, Zacks Investment Research raised shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a report on Tuesday, June 6th. Four analysts have rated the stock with a sell rating, five have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $45.28.

In other Greenbrier Companies, Inc. (The) news, VP Anne Manning sold 6,000 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $46.55, for a total transaction of $279,300.00. Following the completion of the sale, the vice president now directly owns 11,939 shares in the company, valued at approximately $555,760.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alejandro Centurion sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of $43.05, for a total value of $129,150.00. Following the sale, the executive vice president now owns 17,583 shares of the company’s stock, valued at $756,948.15. The disclosure for this sale can be found here. Insiders sold a total of 14,100 shares of company stock valued at $632,325 in the last quarter. 4.60% of the stock is currently owned by corporate insiders.

About Greenbrier Companies, Inc. (The)

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.

Institutional Ownership by Quarter for Greenbrier Companies, Inc. (The) (NYSE:GBX)

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