Martin Raymond Baker Sells 4,480 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBX) SVP Martin Raymond Baker sold 4,480 shares of the firm’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $52.40, for a total value of $234,752.00. Following the transaction, the senior vice president now owns 49,000 shares of the company’s stock, valued at $2,567,600. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Greenbrier Companies Stock Up 1.1 %

Shares of NYSE GBX opened at $51.23 on Friday. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 15.07, a price-to-earnings-growth ratio of 1.77 and a beta of 1.66. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85. The business has a 50-day moving average of $50.53 and a two-hundred day moving average of $44.47. The Greenbrier Companies, Inc. has a 1 year low of $25.41 and a 1 year high of $58.00.

Greenbrier Companies (NYSE:GBX) last announced 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 return on equity of 9.05% and a net margin of 2.97%. Greenbrier Companies’s revenue for the quarter was down 23.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.99 EPS. On average, analysts forecast that The Greenbrier Companies, Inc. will post 4.13 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 14th. Stockholders of record on Tuesday, April 23rd will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date is Monday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is currently 35.29%.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Greenbrier Companies

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. SummerHaven Investment Management LLC increased its position in shares of Greenbrier Companies by 1.6% during the fourth quarter. SummerHaven Investment Management LLC now owns 16,596 shares of the transportation company’s stock worth $733,000 after purchasing an additional 254 shares in the last quarter. Sheets Smith Wealth Management boosted its holdings in Greenbrier Companies by 3.0% in the 3rd quarter. Sheets Smith Wealth Management now owns 10,886 shares of the transportation company’s stock valued at $435,000 after purchasing an additional 313 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in Greenbrier Companies by 6.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 6,127 shares of the transportation company’s stock valued at $149,000 after purchasing an additional 350 shares in the last quarter. Cullen Investment Group LTD. boosted its holdings in Greenbrier Companies by 1.8% in the 1st quarter. Cullen Investment Group LTD. now owns 19,840 shares of the transportation company’s stock valued at $1,020,000 after purchasing an additional 359 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Greenbrier Companies by 3.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,363 shares of the transportation company’s stock valued at $415,000 after purchasing an additional 468 shares in the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

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.