Could Greenbrier Companies Inc (the (NYSE:GBX) See a Reversal After Less Sellers Came In?

The Greenbrier Companies, Inc. (NYSE:GBX) Logo

Investors sentiment increased to 1.02 in 2019 Q1. Its up 0.19, from 0.83 in 2018Q4. It is positive, as 30 investors sold The Greenbrier Companies, Inc. shares while 53 reduced holdings. 29 funds opened positions while 56 raised stakes. 30.25 million shares or 7.14% less from 32.57 million shares in 2018Q4 were reported.
Blackrock holds 4.77 million shares. Arizona State Retirement Systems invested in 49,904 shares. Comerica Retail Bank reported 0.01% stake. State Board Of Administration Of Florida Retirement holds 0% or 13,533 shares. Public Sector Pension Board holds 57,758 shares. 21,353 were reported by Ny State Teachers Retirement Systems. The Switzerland-based Swiss Bancshares has invested 0% in The Greenbrier Companies, Inc. (NYSE:GBX). State Of Wisconsin Board invested in 0.01% or 57,810 shares. 183,133 were accumulated by Wells Fargo & Com Mn. American Bankshares invested 0.49% in The Greenbrier Companies, Inc. (NYSE:GBX). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt Corporation holds 38,000 shares or 0.01% of its portfolio. Northern Tru accumulated 780,075 shares or 0.01% of the stock. Chicago Equity Prns reported 32,405 shares or 0.04% of all its holdings. Dimensional Fund Advsrs Lp accumulated 0.03% or 2.70M shares. Assetmark stated it has 98 shares or 0% of all its holdings.

The stock of Greenbrier Companies Inc (the (NYSE:GBX) registered a decrease of 14.73% in short interest. GBX’s total short interest was 2.01M shares in August as published by FINRA. Its down 14.73% from 2.35 million shares, reported previously. With 601,900 shares average volume, it will take short sellers 3 days to cover their GBX’s short positions.

The stock decreased 2.45% or $0.56 during the last trading session, reaching $22.26. About 858,662 shares traded or 60.17% up from the average. The Greenbrier Companies, Inc. (NYSE:GBX) has declined 48.33% since August 16, 2018 and is downtrending. It has underperformed by 48.33% the S&P500.

The Greenbrier Companies, Inc. designs, makes, and markets railroad freight car equipment in North America and Europe. The company has market cap of $723.08 million. The Company’s Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max railcar, and multi-max auto rack and flat cars for automotive transportation; conventional railcars, such as boxcars, covered hopper cars, center partition cars, bulkhead flat cars, and solid waste service flat cars; and pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges. It has a 11.05 P/E ratio. The companyÂ’s Wheels & Parts segment provides wheel services, including reconditioning of wheels and axles, new axle machining and finishing, and axle downsizing; and reconditions and makes railcar cushioning units, couplers, yokes, side frames, bolsters, and various other parts, as well as produces roofs, doors, and associated parts for boxcars.

The Greenbrier Companies, Inc. (NYSE:GBX) Ratings Coverage

Among 2 analysts covering Greenbrier Companies (NYSE:GBX), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Greenbrier Companies has $62 highest and $3400 lowest target. $44.33’s average target is 99.15% above currents $22.26 stock price. Greenbrier Companies had 6 analyst reports since March 11, 2019 according to SRatingsIntel. Buckingham Research maintained the shares of GBX in report on Wednesday, March 27 with “Neutral” rating. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Monday, March 11.

More notable recent The Greenbrier Companies, Inc. (NYSE:GBX) news were published by: Themiddlemarket.com which released: “M&A wrap: Pfizer, Mylan, Exact Sciences, Alpine, Summit Partners – Mergers & Acquisitions” on July 29, 2019, also Seekingalpha.com with their article: “GBX – Let’s Discuss The Bull Case – Seeking Alpha” published on April 07, 2019, Seekingalpha.com published: “Greenbrier slumps after outlook disappoints – Seeking Alpha” on July 02, 2019. More interesting news about The Greenbrier Companies, Inc. (NYSE:GBX) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About The Greenbrier Companies, Inc. (GBX) – Yahoo Finance” published on May 02, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Greenbrier Companies (GBX) a Great Value Stock Right Now? – Yahoo Finance” with publication date: June 12, 2019.

The Greenbrier Companies, Inc. (NYSE:GBX) Institutional Positions Chart

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