Insider Selling: The Greenbrier Companies, Inc. (NYSE:GBX) Director Sells 2,000 Shares of Stock

The Greenbrier Companies, Inc. (NYSE:GBXGet Rating) Director Charles J. Swindells sold 2,000 shares of the firm’s stock in a transaction dated Monday, April 18th. The shares were sold at an average price of $44.30, for a total value of $88,600.00. Following the sale, the director now owns 41,645 shares in the company, valued at $1,844,873.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

GBX stock traded up $0.58 during midday trading on Tuesday, hitting $44.81. 244,896 shares of the company’s stock were exchanged, compared to its average volume of 408,132. The company has a current ratio of 2.10, a quick ratio of 1.27 and a debt-to-equity ratio of 0.86. The Greenbrier Companies, Inc. has a 12-month low of $36.19 and a 12-month high of $53.46. The firm has a 50 day moving average price of $47.11 and a 200-day moving average price of $44.36. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 19.75, a price-to-earnings-growth ratio of 2.89 and a beta of 1.43.

Greenbrier Companies (NYSE:GBXGet Rating) last posted its quarterly earnings data on Wednesday, April 6th. The transportation company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.19. Greenbrier Companies had a return on equity of 5.57% and a net margin of 3.29%. The company had revenue of $682.80 million for the quarter, compared to the consensus estimate of $575.76 million. During the same period in the previous year, the business earned ($0.28) EPS. Greenbrier Companies’s revenue for the quarter was up 131.0% compared to the same quarter last year. On average, sell-side analysts forecast that The Greenbrier Companies, Inc. will post 2.24 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 10th. Stockholders of record on Tuesday, April 19th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Monday, April 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.41%. Greenbrier Companies’s dividend payout ratio (DPR) is 48.21%.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Atlas Private Wealth Advisors bought a new stake in shares of Greenbrier Companies in the 1st quarter valued at approximately $708,000. Norges Bank bought a new stake in shares of Greenbrier Companies in the 4th quarter valued at approximately $16,231,000. Barclays PLC increased its holdings in shares of Greenbrier Companies by 14.1% in the 4th quarter. Barclays PLC now owns 55,885 shares of the transportation company’s stock valued at $2,564,000 after acquiring an additional 6,908 shares during the last quarter. C2C Wealth Management LLC bought a new stake in shares of Greenbrier Companies in the 4th quarter valued at approximately $229,000. Finally, BlackRock Inc. increased its holdings in shares of Greenbrier Companies by 3.3% in the 4th quarter. BlackRock Inc. now owns 5,256,077 shares of the transportation company’s stock valued at $241,200,000 after acquiring an additional 168,281 shares during the last quarter. Institutional investors and hedge funds own 96.74% of the company’s stock.

Several equities research analysts recently commented on GBX shares. TheStreet upgraded Greenbrier Companies from a “c+” rating to a “b” rating in a report on Wednesday, April 6th. Zacks Investment Research downgraded Greenbrier Companies from a “buy” rating to a “hold” rating in a report on Thursday, April 7th. StockNews.com downgraded Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Thursday, April 14th. Finally, Stephens dropped their target price on Greenbrier Companies from $63.00 to $59.00 and set an “overweight” rating on the stock in a report on Thursday, April 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Greenbrier Companies has a consensus rating of “Buy” and an average price target of $55.50.

Greenbrier Companies Company Profile (Get Rating)

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; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, center partition cars, and bulkhead flat cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels.

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