Insider Selling: The Greenbrier Companies, Inc. (NYSE:GBX) SVP Sells 5,800 Shares of Stock

The Greenbrier Companies, Inc. (NYSE:GBX) SVP William Glenn sold 5,800 shares of the firm’s stock in a transaction on Friday, April 19th. The shares were sold at an average price of $51.87, for a total value of $300,846.00. Following the sale, the senior vice president now directly owns 33,211 shares of the company’s stock, valued at $1,722,654.57. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Greenbrier Companies Price Performance

NYSE GBX traded up $1.97 during trading hours on Tuesday, hitting $53.50. The company had a trading volume of 242,942 shares, compared to its average volume of 333,477. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 1.79 and a beta of 1.66. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73. The firm has a 50 day simple moving average of $50.67 and a 200 day simple moving average of $44.73. The Greenbrier Companies, Inc. has a 52 week low of $25.41 and a 52 week high of $58.00.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.28. The firm 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%. The company’s revenue for the quarter was down 23.1% on a year-over-year basis. During the same quarter last year, the company posted $0.99 EPS. Equities research analysts expect that The Greenbrier Companies, Inc. will post 4.13 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The firm also recently declared 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. 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%.

Wall Street Analyst Weigh In

GBX has been the subject of several recent research reports. TheStreet raised Greenbrier Companies from a “c+” rating to a “b” rating in a report on Friday, January 5th. Stephens raised their target price on Greenbrier Companies from $62.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Susquehanna raised their target price on Greenbrier Companies from $56.00 to $63.00 and gave the stock a “positive” rating in a research note on Tuesday, April 9th. Finally, TD Cowen raised their target price on Greenbrier Companies from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Greenbrier Companies has an average rating of “Hold” and an average price target of $54.00.

Institutional Trading of Greenbrier Companies

A number of large investors have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its position in shares of Greenbrier Companies by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,513,387 shares of the transportation company’s stock valued at $111,042,000 after acquiring an additional 66,323 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in Greenbrier Companies by 2.7% in the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 955,670 shares of the transportation company’s stock worth $42,222,000 after buying an additional 25,300 shares during the last quarter. Frontier Capital Management Co. LLC lifted its position in Greenbrier Companies by 2.9% in the 4th quarter. Frontier Capital Management Co. LLC now owns 615,762 shares of the transportation company’s stock worth $27,204,000 after buying an additional 17,293 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Greenbrier Companies by 9.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 529,256 shares of the transportation company’s stock worth $21,170,000 after buying an additional 44,876 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in Greenbrier Companies by 306.6% in the 3rd quarter. American Century Companies Inc. now owns 255,503 shares of the transportation company’s stock worth $10,220,000 after buying an additional 192,657 shares during the last quarter. Institutional investors 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.