William J. Krueger Sells 2,000 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBX) COO William J. Krueger sold 2,000 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $58.78, for a total transaction of $117,560.00. Following the sale, the chief operating officer now owns 48,714 shares in the company, valued at $2,863,408.92. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Greenbrier Companies Price Performance

Shares of NYSE:GBX opened at $62.09 on Wednesday. The company has a market capitalization of $1.95 billion, a PE ratio of 12.49, a price-to-earnings-growth ratio of 0.49 and a beta of 1.51. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.87 and a current ratio of 1.58. The stock has a fifty day moving average of $51.47 and a 200-day moving average of $50.31. The Greenbrier Companies, Inc. has a one year low of $35.36 and a one year high of $63.45.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.60. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The firm had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter last year, the business posted $0.92 EPS. Greenbrier Companies’s revenue was up 1.4% on a year-over-year basis. As a group, equities analysts anticipate that The Greenbrier Companies, Inc. will post 5.2 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th will be given a $0.30 dividend. The ex-dividend date is Wednesday, November 6th. This represents a $1.20 annualized dividend and a dividend yield of 1.93%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 24.14%.

Hedge Funds Weigh In On Greenbrier Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its position in shares of Greenbrier Companies by 1.5% in the first quarter. Commonwealth Equity Services LLC now owns 15,379 shares of the transportation company’s stock worth $801,000 after buying an additional 224 shares during the period. Janney Montgomery Scott LLC purchased a new position in Greenbrier Companies during the 1st quarter valued at about $590,000. Central Pacific Bank Trust Division acquired a new position in shares of Greenbrier Companies in the 1st quarter valued at about $538,000. Texas Permanent School Fund Corp lifted its position in shares of Greenbrier Companies by 1.3% in the first quarter. Texas Permanent School Fund Corp now owns 27,211 shares of the transportation company’s stock worth $1,418,000 after purchasing an additional 356 shares in the last quarter. Finally, LSV Asset Management boosted its holdings in shares of Greenbrier Companies by 112.4% during the first quarter. LSV Asset Management now owns 218,133 shares of the transportation company’s stock worth $11,365,000 after purchasing an additional 115,421 shares during the period. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on GBX. Susquehanna boosted 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. StockNews.com lowered Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Friday, August 23rd. Finally, Bank of America lifted their target price on Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a report on Thursday, October 24th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $60.00.

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.