Insider Selling: The Greenbrier Companies, Inc. (NYSE:GBX) COO Sells 8,800 Shares of Stock

The Greenbrier Companies, Inc. (NYSE:GBX) COO William J. Krueger sold 8,800 shares of the firm’s stock in a transaction that occurred on Wednesday, April 10th. The shares were 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 of the company’s stock, valued at approximately $1,931,288.23. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Greenbrier Companies Price Performance

Shares of GBX stock traded down $1.00 during trading hours on Friday, hitting $52.21. The stock had a trading volume of 357,289 shares, compared to its average volume of 342,829. 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 stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 15.37, a PEG ratio of 1.85 and a beta of 1.66. The Greenbrier Companies, Inc. has a one year low of $25.41 and a one year high of $58.00. The stock’s 50-day moving average price is $50.09 and its two-hundred day moving average price is $44.10.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.28. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The business had revenue of $862.70 million for the quarter, compared to analysts’ expectations of $841.58 million. During the same period in the prior year, the firm earned $0.99 EPS. The company’s revenue for the quarter was down 23.1% on a year-over-year basis. Equities analysts forecast that The Greenbrier Companies, Inc. will post 4.13 EPS for the current year.

Greenbrier Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Investors 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 yield of 2.30%. Greenbrier Companies’s dividend payout ratio is presently 35.29%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Stephens upped their price target on Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a report on Monday. TD Cowen boosted their target price on shares of Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Monday. TheStreet upgraded Greenbrier Companies from a “c+” rating to a “b” rating in a research note on Friday, January 5th. Finally, Susquehanna raised their target price on Greenbrier Companies from $56.00 to $63.00 and gave the stock a “positive” rating in a research report on Tuesday. One 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’s stock. According to MarketBeat.com, Greenbrier Companies presently has a consensus rating of “Hold” and a consensus price target of $54.00.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of GBX. Cullen Investment Group LTD. grew its position 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 acquiring an additional 359 shares during the last quarter. Quadrature Capital Ltd grew its holdings in shares of Greenbrier Companies by 16.3% in the fourth quarter. Quadrature Capital Ltd now owns 28,585 shares of the transportation company’s stock worth $1,263,000 after purchasing an additional 4,000 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Greenbrier Companies by 5.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,434 shares of the transportation company’s stock worth $638,000 after buying an additional 799 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in Greenbrier Companies by 846.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 16,404 shares of the transportation company’s stock valued at $725,000 after buying an additional 14,671 shares in the last quarter. Finally, Voloridge Investment Management LLC boosted its position in Greenbrier Companies by 5.3% in the 4th quarter. Voloridge Investment Management LLC now owns 216,890 shares of the transportation company’s stock valued at $9,582,000 after buying an additional 10,937 shares during the period. Institutional investors own 95.59% of the company’s stock.

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.