William J. Krueger Sells 2,389 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBX) COO William J. Krueger sold 2,389 shares of the company’s stock in a transaction dated Monday, October 28th. The stock was 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 directly owns 50,714 shares of the company’s stock, valued at approximately $3,191,939.16. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Greenbrier Companies Price Performance

Shares of NYSE GBX traded down $0.59 during mid-day trading on Wednesday, hitting $60.68. 409,587 shares of the company’s stock traded hands, compared to its average volume of 327,703. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85. The Greenbrier Companies, Inc. has a 1 year low of $33.61 and a 1 year high of $63.45. The company’s 50-day moving average is $50.18 and its two-hundred day moving average is $50.00. The company has a market capitalization of $1.90 billion, a P/E ratio of 12.33, a PEG ratio of 0.63 and a beta of 1.53.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.60. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. Greenbrier Companies had a return on equity of 8.95% and a net margin of 3.51%. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.92 earnings per share. On average, equities analysts anticipate that The Greenbrier Companies, Inc. will post 4.35 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Wednesday, November 6th. Greenbrier Companies’s payout ratio is 24.14%.

Wall Street Analyst Weigh In

GBX has been the subject of a number of recent analyst reports. Susquehanna upped their price objective on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research note on Monday, October 21st. Bank of America increased their price target on Greenbrier Companies from $42.00 to $50.00 and gave the company an “underperform” rating in a research note on Thursday, October 24th. Finally, StockNews.com cut Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Friday, August 23rd. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $60.00.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Canada Pension Plan Investment Board bought a new stake in shares of Greenbrier Companies in the 2nd quarter worth about $25,000. Hexagon Capital Partners LLC purchased a new stake in Greenbrier Companies in the 1st quarter worth about $26,000. GAMMA Investing LLC lifted its stake in Greenbrier Companies by 60.9% in the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock worth $28,000 after purchasing an additional 207 shares during the last quarter. NBC Securities Inc. bought a new stake in Greenbrier Companies in the third quarter worth about $55,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Greenbrier Companies during the second quarter valued at approximately $67,000. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Company Profile

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.