The Greenbrier Companies, Inc. (NYSE:GBX) SVP William Glenn Sells 5,800 Shares

The Greenbrier Companies, Inc. (NYSE:GBX) SVP William Glenn sold 5,800 shares of Greenbrier Companies stock in a transaction on Friday, April 19th. The shares were sold at an average price of $51.87, for a total value of $300,846.00. Following the sale, the senior vice president now directly owns 33,211 shares of the company’s stock, valued at $1,722,654.57. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Greenbrier Companies Stock Up 3.8 %

Shares of GBX traded up $1.97 during trading hours on Tuesday, hitting $53.50. The company had a trading volume of 242,942 shares, compared to its average volume of 333,477. The company has a market capitalization of $1.67 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 1.79 and a beta of 1.66. The company has a current ratio of 1.73, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98. The Greenbrier Companies, Inc. has a one year low of $25.41 and a one year high of $58.00. The company’s fifty day moving average price is $50.67 and its two-hundred day moving average price is $44.73.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.75 by $0.28. The firm had revenue of $862.70 million during the quarter, compared to analyst estimates of $841.58 million. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The business’s revenue for the quarter was down 23.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 EPS. As a group, equities analysts forecast that The Greenbrier Companies, Inc. will post 4.13 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 23rd will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Monday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is presently 35.29%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on GBX shares. TD Cowen lifted their target price on Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Monday, April 8th. Susquehanna lifted their target price on Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a research report on Tuesday, April 9th. TheStreet raised Greenbrier Companies from a “c+” rating to a “b” rating in a research report on Friday, January 5th. Finally, Stephens lifted their target price on Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $54.00.

Institutional Investors Weigh In On Greenbrier Companies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SummerHaven Investment Management LLC raised its position in shares of Greenbrier Companies by 1.6% in the 4th quarter. SummerHaven Investment Management LLC now owns 16,596 shares of the transportation company’s stock valued at $733,000 after purchasing an additional 254 shares during the last quarter. Sheets Smith Wealth Management boosted its stake in Greenbrier Companies by 3.0% in the 3rd quarter. Sheets Smith Wealth Management now owns 10,886 shares of the transportation company’s stock worth $435,000 after purchasing an additional 313 shares in the last quarter. Cullen Investment Group LTD. boosted its stake in Greenbrier Companies by 1.8% in the 1st quarter. Cullen Investment Group LTD. now owns 19,840 shares of the transportation company’s stock worth $1,020,000 after purchasing an additional 359 shares in the last quarter. Hexagon Capital Partners LLC acquired a new stake in Greenbrier Companies in the 1st quarter worth approximately $26,000. Finally, Jump Financial LLC boosted its stake in Greenbrier Companies by 7.7% in the 4th quarter. Jump Financial LLC now owns 10,693 shares of the transportation company’s stock worth $472,000 after purchasing an additional 766 shares in the last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

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.