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

The Greenbrier Companies, Inc. (NYSE:GBX) COO William J. Krueger sold 2,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $63.21, for a total transaction of $126,420.00. Following the sale, the chief operating officer now owns 42,714 shares in the company, valued at approximately $2,699,951.94. This trade represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Greenbrier Companies Price Performance

Shares of GBX opened at $64.51 on Wednesday. The Greenbrier Companies, Inc. has a twelve month low of $41.40 and a twelve month high of $71.06. The firm’s fifty day simple moving average is $65.34 and its 200-day simple moving average is $56.91. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of 11.26, a PEG ratio of 0.96 and a beta of 1.52. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Wednesday, January 8th. The transportation company reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The business had revenue of $875.90 million for the quarter, compared to analyst estimates of $849.51 million. During the same period last year, the business earned $0.96 EPS. The company’s revenue was up 8.3% on a year-over-year basis. Equities analysts forecast that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Wednesday, January 29th. Greenbrier Companies’s dividend payout ratio (DPR) is 20.94%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of GBX. Hodges Capital Management Inc. grew its position in shares of Greenbrier Companies by 216.6% in the 3rd 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 during the last quarter. Millennium Management LLC grew its position in shares of Greenbrier Companies by 77.4% in the 2nd quarter. Millennium Management LLC now owns 144,221 shares of the transportation company’s stock valued at $7,146,000 after buying an additional 62,911 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Greenbrier Companies during the 4th quarter worth $2,527,000. von Borstel & Associates Inc. purchased a new position in Greenbrier Companies during the 3rd quarter worth $1,823,000. Finally, Victory Capital Management Inc. grew its position in Greenbrier Companies by 6.7% during the 3rd quarter. Victory Capital Management Inc. now owns 513,938 shares of the transportation company’s stock worth $26,154,000 after purchasing an additional 32,191 shares during the last quarter. 95.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

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.