Barrow Hanley Global Investors Takes 6.4% Stake in Greenbrier
Ticker: GBX · Form: SC 13G · Filed: Feb 13, 2024 · CIK: 923120
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, insider-buy, passive-investment
TL;DR
**Barrow Hanley just disclosed a 6.4% stake in Greenbrier (GBX)!**
AI Summary
Barrow Hanley Global Investors, an investment firm, reported on February 13, 2024, that as of December 31, 2023, they beneficially own 2,000,000 shares of The Greenbrier Companies, Inc. (GBX) common stock. This represents 6.4% of Greenbrier's total outstanding shares. This matters to investors because it signals a significant institutional investor has a notable stake, potentially indicating confidence in Greenbrier's future performance and stability.
Why It Matters
A large institutional investment like this can provide a vote of confidence in the company's prospects and may influence other investors.
Risk Assessment
Risk Level: low — This filing indicates a significant institutional investment, which is generally seen as a positive sign and does not inherently increase risk for current shareholders.
Analyst Insight
A smart investor would view this as a positive signal, suggesting institutional confidence in Greenbrier. It might warrant further research into Greenbrier's fundamentals and recent performance to understand why a firm like Barrow Hanley has taken such a significant position.
Key Numbers
- 2,000,000 — Shares Beneficially Owned (Represents the total number of Greenbrier shares held by Barrow Hanley Global Investors.)
- 6.4% — Percentage of Class (Indicates the proportion of Greenbrier's common stock owned by Barrow Hanley Global Investors, showing a significant stake.)
Key Players & Entities
- Barrow Hanley Global Investors (company) — reporting person, beneficial owner of shares
- The Greenbrier Companies, Inc. (company) — issuer of the securities
- 2,000,000 (dollar_amount) — number of shares beneficially owned
- 6.4% (dollar_amount) — percentage of class beneficially owned
- December 31, 2023 (person) — date of event requiring the filing
Forward-Looking Statements
- Other institutional investors may take notice of Barrow Hanley's significant stake and potentially increase their own positions in Greenbrier. (Greenbrier Companies, Inc.) — medium confidence, target: Q2 2024
FAQ
Who is the reporting person in this SC 13G filing?
The reporting person in this SC 13G filing is Barrow Hanley Global Investors, identified by IRS Identification No. 752403190.
What is the name of the issuer whose securities are being reported?
The issuer of the securities is The Greenbrier Companies, Inc., with CUSIP Number 393657101.
As of what date did the event requiring this filing occur?
The event which required the filing of this statement occurred on December 31, 2023.
How many shares of Common Stock does Barrow Hanley Global Investors beneficially own?
Barrow Hanley Global Investors beneficially owns 2,000,000 shares of Common Stock of The Greenbrier Companies, Inc.
What percentage of The Greenbrier Companies, Inc.'s class of securities does Barrow Hanley Global Investors beneficially own?
Barrow Hanley Global Investors beneficially owns 6.4% of The Greenbrier Companies, Inc.'s class of securities.
Filing Stats: 873 words · 3 min read · ~3 pages · Grade level 8.9 · Accepted 2024-02-13 12:01:25
Filing Documents
- gbx13g02132024.htm (SC 13G) — 50KB
- 0000313028-24-000018.txt ( ) — 51KB
(a)
Item 1(a) Name of Issuer: The Greenbrier Companies, Inc. 1(b) Address of Issuer's Principal Executive Offices: ONE CENTERPOINTE DRIVE, SUITE 200 LAKE OSWEGO, OR 97035
(a)
Item 2(a) Name of Person Filing: Barrow Hanley Global Investors 2(b) Address of Principal Business Office or, if none, Residence: 2200 Ross Avenue, 31st Floor Dallas, TX 75201-2761 2(c) Citizenship: A Delaware limited liability company 2(d) Title of Class of Securities Common Stock 2(e) CUSIP Number: 393657101 Item 3 If this statement is filed pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) Group, in a accordance with 240.13d-1(b)(1)(ii)(J). 3 Item 4 4(a) Amount beneficially owned: 1,611,612 shares 4(b) Percent of Class: 5.18% 4(c) Number of shares as to which person has: (i) Sole power to vote or to direct the vote: 1,600,671 shares (ii) Shared power to vote or to direct the vote: 10,941 shares (iii) Sole power to dispose or to direct the disposition of: 1,611,612 shares (iv) Shared power to dispose or to direct the disposition of: — Item 5 Not Applicable. Item 6 The right to receive or the power to direct the r