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

The Greenbrier Companies, Inc. (NYSE:GBX - Get Free Report) COO William J. Krueger sold 2,000 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $63.21, for a total transaction of $126,420.00. Following the completion of the transaction, the chief operating officer now owns 42,714 shares of the company's stock, valued at $2,699,951.94. This represents a 4.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Greenbrier Companies Trading Down 0.6 %

NYSE:GBX traded down $0.41 on Friday, reaching $64.83. The stock had a trading volume of 238,610 shares, compared to its average volume of 410,434. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 11.31, a P/E/G ratio of 0.94 and a beta of 1.52. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.53 and a quick ratio of 0.84. The Greenbrier Companies, Inc. has a 12-month low of $41.40 and a 12-month high of $71.06. The firm's fifty day moving average is $65.09 and its two-hundred day moving average is $57.26.

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

Greenbrier Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.85%. Greenbrier Companies's dividend payout ratio is currently 20.94%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Hodges Capital Management Inc. lifted its stake in shares of Greenbrier Companies by 216.6% in the third quarter. Hodges Capital Management Inc. now owns 319,094 shares of the transportation company's stock worth $16,239,000 after acquiring an additional 218,294 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. bought a new position in Greenbrier Companies during the 4th quarter valued at $6,274,000. Millennium Management LLC grew its holdings in Greenbrier Companies by 77.4% during the 2nd quarter. Millennium Management LLC now owns 144,221 shares of the transportation company's stock worth $7,146,000 after acquiring an additional 62,911 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Greenbrier Companies in the 4th quarter worth about $2,527,000. Finally, von Borstel & Associates Inc. acquired a new stake in Greenbrier Companies during the third quarter valued at approximately $1,823,000. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on GBX shares. Bank of America increased their target price 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 raised their price objective on Greenbrier Companies from $63.00 to $65.00 and gave the company a "positive" rating in a research note on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $63.00.

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.