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

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

Greenbrier Companies Stock Up 0.1 %

Shares of Greenbrier Companies stock opened at $53.53 on Thursday. The company’s fifty day simple moving average is $50.90 and its two-hundred day simple moving average is $44.89. The Greenbrier Companies, Inc. has a 12-month low of $25.41 and a 12-month high of $58.00. 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 company has a market cap of $1.67 billion, a P/E ratio of 15.74, a PEG ratio of 1.78 and a beta of 1.66.

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

Greenbrier Companies Dividend Announcement

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

Institutional Investors Weigh In On Greenbrier Companies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tradewinds Capital Management LLC purchased a new stake in shares of Greenbrier Companies in the 1st quarter worth about $78,000. Allspring Global Investments Holdings LLC bought a new position in shares of Greenbrier Companies during the first quarter valued at approximately $3,840,000. Hexagon Capital Partners LLC purchased a new position in shares of Greenbrier Companies during the first quarter valued at approximately $26,000. Hennion & Walsh Asset Management Inc. bought a new stake in shares of Greenbrier Companies in the 1st quarter worth approximately $256,000. Finally, Hodges Capital Management Inc. purchased a new stake in shares of Greenbrier Companies in the 1st quarter worth approximately $3,608,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

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.