William J. Krueger Sells 2,000 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBX) COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $63.21, for a total value of $126,420.00. Following the transaction, the chief operating officer now directly owns 42,714 shares in the company, valued at approximately $2,699,951.94. The trade was a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Greenbrier Companies Stock Up 1.7 %

NYSE GBX opened at $65.62 on Thursday. The company has a current ratio of 1.53, a quick ratio of 0.84 and a debt-to-equity ratio of 0.89. The Greenbrier Companies, Inc. has a 12 month low of $41.40 and a 12 month high of $71.06. The stock’s 50 day moving average is $65.27 and its 200 day moving average is $57.03. The stock has a market cap of $2.06 billion, a PE ratio of 11.45, a P/E/G ratio of 0.96 and a beta of 1.52.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Wednesday, January 8th. The transportation company reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.56. The firm had revenue of $875.90 million during the quarter, compared to analyst estimates of $849.51 million. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. Greenbrier Companies’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.96 earnings per share. Research analysts predict that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $1.20 annualized dividend and a dividend yield of 1.83%. Greenbrier Companies’s dividend payout ratio (DPR) is 20.94%.

Hedge Funds Weigh In On Greenbrier Companies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GBX. Values First Advisors Inc. increased its stake in Greenbrier Companies by 3.8% in the 4th quarter. Values First Advisors Inc. now owns 4,134 shares of the transportation company’s stock worth $252,000 after acquiring an additional 151 shares during the last quarter. Cullen Investment Group LTD. increased its position in Greenbrier Companies by 1.0% in the fourth quarter. Cullen Investment Group LTD. now owns 19,675 shares of the transportation company’s stock worth $1,200,000 after purchasing an additional 204 shares during the last quarter. GAMMA Investing LLC raised its stake in Greenbrier Companies by 60.9% during the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 207 shares in the last quarter. Carolina Wealth Advisors LLC raised its stake in Greenbrier Companies by 2.4% during the fourth quarter. Carolina Wealth Advisors LLC now owns 13,859 shares of the transportation company’s stock valued at $845,000 after purchasing an additional 331 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its position in Greenbrier Companies by 3.8% during the third quarter. Nisa Investment Advisors LLC now owns 9,939 shares of the transportation company’s stock valued at $506,000 after purchasing an additional 363 shares during the last quarter. 95.59% of the stock is owned by institutional investors.

Analysts Set New Price Targets

GBX has been the topic of several analyst reports. Bank of America lifted their price target on shares of Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a report on Thursday, January 9th. Susquehanna lifted their target price on shares of Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research note on Monday, October 21st. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $63.00.

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.