William J. Krueger Sells 8,800 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBX) COO William J. Krueger sold 8,800 shares of Greenbrier Companies stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of $52.87, for a total value of $465,256.00. Following the completion of the transaction, the chief operating officer now owns 36,529 shares in the company, valued at $1,931,288.23. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Greenbrier Companies Stock Performance

Shares of NYSE GBX opened at $52.21 on Friday. The business’s 50-day moving average price is $50.20 and its two-hundred day moving average price is $44.20. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.86. The Greenbrier Companies, Inc. has a one year low of $25.41 and a one year high of $58.00. The company has a market capitalization of $1.63 billion, a P/E ratio of 15.36, a price-to-earnings-growth ratio of 1.84 and a beta of 1.66.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, beating 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 firm had revenue of $862.70 million for the quarter, compared to the consensus estimate of $841.58 million. During the same quarter in the previous year, the company posted $0.99 earnings per share. The business’s quarterly revenue was down 23.1% compared to the same quarter last year. Analysts anticipate that The Greenbrier Companies, Inc. will post 4.13 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 23rd will be paid a $0.30 dividend. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.20 dividend on an annualized basis and a yield of 2.30%. Greenbrier Companies’s dividend payout ratio (DPR) is currently 35.29%.

Institutional Trading of Greenbrier Companies

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Greenbrier Companies by 1.5% in the third quarter. Vanguard Group Inc. now owns 3,668,144 shares of the transportation company’s stock worth $89,025,000 after buying an additional 55,071 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Greenbrier Companies by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,513,387 shares of the transportation company’s stock worth $111,042,000 after buying an additional 66,323 shares during the last quarter. State Street Corp lifted its position in shares of Greenbrier Companies by 2.8% in the first quarter. State Street Corp now owns 1,178,808 shares of the transportation company’s stock worth $60,720,000 after buying an additional 32,658 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Greenbrier Companies by 31.9% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 1,032,460 shares of the transportation company’s stock worth $33,214,000 after buying an additional 249,720 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Greenbrier Companies by 5.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 690,729 shares of the transportation company’s stock worth $22,221,000 after buying an additional 37,313 shares during the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

Analyst Upgrades and Downgrades

GBX has been the topic of a number of research analyst reports. Stephens lifted their price target on Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, April 8th. TheStreet upgraded Greenbrier Companies from a “c+” rating to a “b” rating in a report on Friday, January 5th. TD Cowen lifted their price target on Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a report on Monday, April 8th. Finally, Susquehanna lifted their price target on Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a report on Tuesday, April 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target 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.