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 Greenbrier Companies stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $48.00, for a total transaction of $96,000.00. Following the completion of the sale, the chief operating officer now directly owns 36,714 shares of the company’s stock, valued at approximately $1,762,272. The trade was a 5.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Greenbrier Companies Stock Down 1.1%

Shares of GBX opened at $47.02 on Thursday. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The company has a 50-day moving average price of $46.97 and a two-hundred day moving average price of $57.68. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 8.21, a P/E/G ratio of 0.80 and a beta of 1.79. The Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Monday, April 7th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.09). Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The firm had revenue of $762.10 million for the quarter, compared to the consensus estimate of $898.53 million. During the same period in the prior year, the business earned $1.03 earnings per share. The company’s revenue for the quarter was down 11.7% on a year-over-year basis. Equities analysts predict that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 22nd were paid a dividend of $0.32 per share. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 2.72%. The ex-dividend date was Tuesday, April 22nd. Greenbrier Companies’s dividend payout ratio is 20.45%.

Institutional Investors Weigh In On Greenbrier Companies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its holdings in Greenbrier Companies by 147.2% in the fourth quarter. Jones Financial Companies Lllp now owns 8,188 shares of the transportation company’s stock valued at $499,000 after buying an additional 4,876 shares during the period. M3 Advisory Group LLC acquired a new position in shares of Greenbrier Companies in the 4th quarter valued at $225,000. Allspring Global Investments Holdings LLC bought a new position in shares of Greenbrier Companies in the 4th quarter worth $2,527,000. Hennessy Advisors Inc. grew its stake in shares of Greenbrier Companies by 6.8% during the fourth quarter. Hennessy Advisors Inc. now owns 197,300 shares of the transportation company’s stock worth $12,033,000 after purchasing an additional 12,600 shares during the period. Finally, Franklin Resources Inc. increased its holdings in Greenbrier Companies by 3.1% in the third quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company’s stock valued at $990,000 after purchasing an additional 562 shares during the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Susquehanna cut their target price on shares of Greenbrier Companies from $75.00 to $52.00 and set a “positive” rating for the company in a research report on Tuesday, April 8th.

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.