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

The Greenbrier Companies, Inc. (NYSE:GBX) SVP William Glenn sold 5,800 shares of the firm’s stock in a transaction dated Friday, April 19th. The stock was sold at an average price of $51.87, for a total value 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Greenbrier Companies Stock Up 3.8 %

Shares of GBX stock opened at $53.50 on Wednesday. The stock’s 50 day simple moving average is $50.79 and its 200 day simple moving average is $44.82. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73. The Greenbrier Companies, Inc. has a twelve month low of $25.41 and a twelve month high of $58.00. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 1.79 and a beta of 1.66.

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

Greenbrier Companies Dividend Announcement

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Hexagon Capital Partners LLC acquired a new position in shares of Greenbrier Companies in the first quarter valued at $26,000. Gladius Capital Management LP acquired a new position in shares of Greenbrier Companies in the third quarter valued at $31,000. BluePath Capital Management LLC acquired a new position in shares of Greenbrier Companies in the third quarter valued at $32,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Greenbrier Companies in the third quarter valued at $45,000. Finally, Wetzel Investment Advisors Inc. acquired a new position in Greenbrier Companies during the fourth quarter worth $57,000. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GBX has been the subject of a number of recent research reports. Susquehanna raised their price target on Greenbrier Companies from $56.00 to $63.00 and gave the stock a “positive” rating in a research note on Tuesday, April 9th. Stephens raised their price target on Greenbrier Companies from $62.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. TheStreet raised Greenbrier Companies from a “c+” rating to a “b” rating in a research note on Friday, January 5th. Finally, TD Cowen raised their price target on Greenbrier Companies from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $54.00.

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.