Orca Investment Management LLC Buys New Position in Greenbrier Companies Inc (NYSE:GBX)

Orca Investment Management LLC bought a new position in Greenbrier Companies Inc (NYSE:GBX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,001 shares of the transportation company’s stock, valued at approximately $1,599,000. Greenbrier Companies comprises 1.4% of Orca Investment Management LLC’s portfolio, making the stock its 27th biggest holding. Orca Investment Management LLC owned approximately 0.10% of Greenbrier Companies as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Greenbrier Companies by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 5,322,591 shares of the transportation company’s stock valued at $246,170,000 after purchasing an additional 122,476 shares during the period. Northern Trust Corp grew its position in shares of Greenbrier Companies by 6.6% during the 2nd quarter. Northern Trust Corp now owns 790,902 shares of the transportation company’s stock worth $36,579,000 after buying an additional 48,894 shares during the period. State Street Corp grew its position in shares of Greenbrier Companies by 3.0% during the 2nd quarter. State Street Corp now owns 746,041 shares of the transportation company’s stock worth $34,504,000 after buying an additional 21,758 shares during the period. Victory Capital Management Inc. grew its position in shares of Greenbrier Companies by 1.0% during the 3rd quarter. Victory Capital Management Inc. now owns 728,047 shares of the transportation company’s stock worth $35,056,000 after buying an additional 7,178 shares during the period. Finally, Dalton Greiner Hartman Maher & Co. grew its position in shares of Greenbrier Companies by 40.8% during the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 541,113 shares of the transportation company’s stock worth $28,841,000 after buying an additional 156,742 shares during the period.

Shares of Greenbrier Companies Inc (NYSE:GBX) traded up $0.05 on Thursday, hitting $50.00. The stock had a trading volume of 48,031 shares, compared to its average volume of 430,763. The company has a market cap of $1,387.67, a P/E ratio of 12.46, a PEG ratio of 1.24 and a beta of 1.67. The company has a current ratio of 2.96, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47. Greenbrier Companies Inc has a 12-month low of $40.45 and a 12-month high of $54.45.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Friday, January 5th. The transportation company reported $0.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.02. The company had revenue of $559.50 million during the quarter, compared to the consensus estimate of $591.05 million. Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. Greenbrier Companies’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS. equities research analysts expect that Greenbrier Companies Inc will post 4.12 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Shareholders of record on Friday, January 26th will be given a $0.23 dividend. The ex-dividend date of this dividend is Thursday, January 25th. This represents a $0.92 annualized dividend and a yield of 1.84%. Greenbrier Companies’s payout ratio is currently 24.86%.

In other Greenbrier Companies news, EVP Alejandro Centurion sold 5,000 shares of the business’s 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 completion of the sale, the executive vice president now owns 13,523 shares in the company, valued at $703,196. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.46% of the company’s stock.

A number of equities analysts recently issued reports on GBX shares. KeyCorp reiterated a “buy” rating and issued a $60.00 target price on shares of Greenbrier Companies in a report on Tuesday, October 24th. ValuEngine upgraded 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 objective on the stock. Finally, Stifel Nicolaus set a $55.00 target price on Greenbrier Companies and gave the stock a “buy” rating in a research note on Friday, February 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. Greenbrier Companies currently has a consensus rating of “Buy” and an average price target of $58.29.

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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.

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

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