Cullen Investment Group LTD. Purchases 204 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Cullen Investment Group LTD. increased its holdings in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,675 shares of the transportation company’s stock after acquiring an additional 204 shares during the quarter. Cullen Investment Group LTD. owned about 0.06% of Greenbrier Companies worth $1,200,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of GBX. Franklin Resources Inc. lifted its holdings in shares of Greenbrier Companies by 3.1% during the 3rd quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company’s stock worth $990,000 after acquiring an additional 562 shares during the period. Tidal Investments LLC grew its holdings in shares of Greenbrier Companies by 27.9% during the 3rd quarter. Tidal Investments LLC now owns 5,454 shares of the transportation company’s stock valued at $278,000 after purchasing an additional 1,190 shares during the last quarter. Geode Capital Management LLC lifted its stake in Greenbrier Companies by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 711,931 shares of the transportation company’s stock valued at $36,237,000 after purchasing an additional 7,886 shares during the last quarter. Hodges Capital Management Inc. boosted its position in Greenbrier Companies by 216.6% in the third quarter. Hodges Capital Management Inc. now owns 319,094 shares of the transportation company’s stock valued at $16,239,000 after buying an additional 218,294 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in shares of Greenbrier Companies in the 3rd quarter valued at $296,000. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Stock Performance

Shares of GBX stock opened at $64.09 on Tuesday. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 12.90, a price-to-earnings-growth ratio of 1.96 and a beta of 1.54. The Greenbrier Companies, Inc. has a 52 week low of $41.40 and a 52 week high of $69.12. The firm has a 50 day moving average of $64.77 and a 200-day moving average of $54.83. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 0.91.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Wednesday, January 8th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.56. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The business had revenue of $875.90 million for the quarter, compared to analyst estimates of $849.51 million. During the same quarter in the prior year, the company earned $0.96 earnings per share. The company’s quarterly revenue was up 8.3% on a year-over-year basis. On average, equities analysts forecast that The Greenbrier Companies, Inc. will post 5.2 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Wednesday, January 29th. Greenbrier Companies’s payout ratio is currently 20.94%.

Insiders Place Their Bets

In other news, COO William J. Krueger sold 2,389 shares of Greenbrier Companies stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $62.94, for a total value of $150,363.66. Following the completion of the transaction, the chief operating officer now owns 50,714 shares in the company, valued at $3,191,939.16. This trade represents a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ricardo Galvan sold 4,950 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total value of $321,750.00. Following the transaction, the senior vice president now owns 27,472 shares of the company’s stock, valued at approximately $1,785,680. The trade was a 15.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,703 shares of company stock valued at $790,338 in the last 90 days. 1.78% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on GBX shares. Bank of America raised their price objective on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a report on Thursday, January 9th. Susquehanna lifted their target price on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a report on Monday, October 21st. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $63.00.

About Greenbrier Companies

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.