Greenbrier Companies, Inc. (The) (GBX) Shares Sold by Comerica Bank

Comerica Bank reduced its stake in Greenbrier Companies, Inc. (The) (NYSE:GBX) by 3.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,183 shares of the transportation company’s stock after selling 1,174 shares during the period. Comerica Bank owned about 0.11% of Greenbrier Companies, Inc. (The) worth $1,349,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Greenbrier Companies, Inc. (The) by 7.1% in the 1st quarter. Vanguard Group Inc. now owns 5,200,115 shares of the transportation company’s stock valued at $224,125,000 after purchasing an additional 343,139 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of Greenbrier Companies, Inc. (The) by 975.6% in the 1st quarter. Schroder Investment Management Group now owns 786,285 shares of the transportation company’s stock valued at $33,928,000 after purchasing an additional 713,185 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Greenbrier Companies, Inc. (The) by 14.1% in the 1st quarter. Victory Capital Management Inc. now owns 729,772 shares of the transportation company’s stock valued at $31,454,000 after purchasing an additional 90,405 shares in the last quarter. State Street Corp boosted its stake in shares of Greenbrier Companies, Inc. (The) by 14.3% in the 1st quarter. State Street Corp now owns 724,283 shares of the transportation company’s stock valued at $31,217,000 after purchasing an additional 90,832 shares in the last quarter. Finally, OppenheimerFunds Inc. boosted its stake in shares of Greenbrier Companies, Inc. (The) by 18.6% in the 1st quarter. OppenheimerFunds Inc. now owns 435,582 shares of the transportation company’s stock valued at $18,774,000 after purchasing an additional 68,308 shares in the last quarter.

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Greenbrier Companies, Inc. (NYSE:GBX) opened at 42.40 on Friday. The company has a 50-day moving average of $44.12 and a 200-day moving average of $44.47. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 10.70 and a beta of 1.91. Greenbrier Companies, Inc. has a one year low of $28.95 and a one year high of $51.25.

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

In other Greenbrier Companies, Inc. (The) news, VP Anne Manning sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $46.55, for a total value of $279,300.00. Following the completion of the sale, the vice president now owns 11,939 shares of the company’s stock, valued at $555,760.45. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Alejandro Centurion sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 11th. The stock was sold at an average price of $43.05, for a total value of $129,150.00. Following the completion of the sale, the executive vice president now directly owns 17,583 shares of the company’s stock, valued at approximately $756,948.15. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,000 shares of company stock valued at $538,350. 4.60% of the stock is owned by insiders.

GBX has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research note on Tuesday, August 29th. BidaskClub downgraded shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. Stifel Nicolaus upgraded shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and raised their price target for the company from $48.00 to $51.00 in a research note on Monday, July 17th. ValuEngine upgraded shares of Greenbrier Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Finally, Cowen and Company restated a “buy” rating and issued a $57.00 price target on shares of Greenbrier Companies, Inc. (The) in a research note on Monday, August 28th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $44.88.

Greenbrier Companies, Inc. (The) 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.

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

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