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 business’s stock in a transaction on Friday, April 19th. The stock was sold at an average price of $51.87, for a total value of $300,846.00. Following the transaction, the senior vice president now directly owns 33,211 shares of the company’s stock, valued at approximately $1,722,654.57. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Greenbrier Companies Trading Up 3.8 %

NYSE GBX opened at $53.50 on Wednesday. The business’s 50-day moving average price is $50.79 and its two-hundred day moving average price is $44.82. The Greenbrier Companies, Inc. has a 12 month low of $25.41 and a 12 month high of $58.00. The firm has a market capitalization of $1.67 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 1.79 and a beta of 1.66. The company has a current ratio of 1.73, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98.

Greenbrier Companies (NYSE:GBX) last released its quarterly 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 analyst estimates of $841.58 million. During the same quarter in the previous year, the company posted $0.99 EPS. The business’s revenue was down 23.1% on a year-over-year basis. On average, analysts expect that The Greenbrier Companies, Inc. will post 4.13 EPS for the current year.

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 23rd will be given 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 dividend yield of 2.24%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 35.29%.

Institutional Investors Weigh In On Greenbrier Companies

Institutional investors have recently made changes to their positions in the stock. Cullen Investment Group LTD. bought a new stake in shares of Greenbrier Companies in the 4th quarter valued at about $861,000. Caxton Associates LP bought a new stake in shares of Greenbrier Companies during the 3rd quarter valued at about $718,000. UBS Group AG boosted its position in shares of Greenbrier Companies by 248.7% during the 3rd quarter. UBS Group AG now owns 96,793 shares of the transportation company’s stock valued at $3,872,000 after purchasing an additional 69,036 shares in the last quarter. Illinois Municipal Retirement Fund bought a new stake in shares of Greenbrier Companies during the 3rd quarter valued at about $769,000. Finally, Alpha DNA Investment Management LLC bought a new stake in shares of Greenbrier Companies during the 3rd quarter valued at about $527,000. Institutional investors own 95.59% of the company’s stock.

Wall Street Analysts Forecast Growth

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

About Greenbrier Companies

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.