Brighton Jones buys $3,641,449 stake in Greenbrier Companies Inc (GBX)

Greenbrier Companies Inc (GBX) : Brighton Jones scooped up 179 additional shares in Greenbrier Companies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 114,152 shares of Greenbrier Companies Inc which is valued at $3,641,449.Greenbrier Companies Inc makes up approximately 0.62% of Brighton Jones’s portfolio.

Other Hedge Funds, Including , Great West Life Assurance Co Can boosted its stake in GBX in the latest quarter, The investment management firm added 33,320 additional shares and now holds a total of 34,991 shares of Greenbrier Companies Inc which is valued at $1,116,213.Zurcher Kantonalbank (zurich Cantonalbank) boosted its stake in GBX in the latest quarter, The investment management firm added 4,034 additional shares and now holds a total of 12,056 shares of Greenbrier Companies Inc which is valued at $384,586.Gemmer Asset Management boosted its stake in GBX in the latest quarter, The investment management firm added 36 additional shares and now holds a total of 114 shares of Greenbrier Companies Inc which is valued at $3,658. Acadian Asset Management added GBX to its portfolio by purchasing 22,678 company shares during the most recent quarter which is valued at $725,696.Bnp Paribas Arbitrage Sa boosted its stake in GBX in the latest quarter, The investment management firm added 4,348 additional shares and now holds a total of 9,013 shares of Greenbrier Companies Inc which is valued at $266,605.

Greenbrier Companies Inc opened for trading at $33.33 and hit $33.9 on the upside on Monday, eventually ending the session at $33.29, with a gain of 0.12% or 0.04 points. The heightened volatility saw the trading volume jump to 2,75,717 shares. Company has a market cap of $939 M.

On the company’s financial health, Greenbrier Companies Inc reported $1.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 6, 2016. Analyst had a consensus of $1.08. The company had revenue of $612.90 million for the quarter, compared to analysts expectations of $601.12 million. The company’s revenue was down -14.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.49 EPS.

Many Wall Street Analysts have commented on Greenbrier Companies Inc. Shares were Reiterated by Cowen on Jul 7, 2016 to “Outperform” and Lowered the Price Target to $ 35 from a previous price target of $37 .Greenbrier Companies Inc was Downgraded by Longbow to ” Neutral” on Jun 20, 2016.

The Greenbrier Companies Inc. (Greenbrier) formerly Greenbrier Co Inc. is a designer manufacturer and marketer of railroad freight car equipment in North America and Europe a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services railcar refurbishment and parts leasing and other services. The Company’s Manufacturing segment produces double-stack intermodal railcars conventional railcars tank cars and marine vessels. The Wheel Services Refurbishment & Parts segment performs wheel axle and bearing servicing; railcar repair refurbishment and maintenance activities and production and reconditioning of a range of parts for the railroad industry in North America. The Leasing & Services segment owns approximately 11000 railcars and provides management services for approximately 219000 railcars for railroads shippers carriers institutional investors and other leasing and transportation companies in North America.

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