Brighton Jones LLC Sells 2,668 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Brighton Jones LLC decreased its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 16.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 13,652 shares of the transportation company’s stock after selling 2,668 shares during the quarter. Brighton Jones LLC’s holdings in Greenbrier Companies were worth $833,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Canada Pension Plan Investment Board bought a new position in shares of Greenbrier Companies in the 2nd quarter worth about $25,000. GAMMA Investing LLC increased its stake in shares of 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. Gladius Capital Management LP purchased a new position in shares of Greenbrier Companies during the third quarter valued at approximately $32,000. NBC Securities Inc. bought a new stake in shares of Greenbrier Companies in the 3rd quarter worth approximately $55,000. Finally, nVerses Capital LLC bought a new stake in shares of Greenbrier Companies in the 3rd quarter worth approximately $102,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Price Performance

Shares of NYSE GBX opened at $70.69 on Friday. The firm has a market cap of $2.22 billion, a P/E ratio of 12.34, a PEG ratio of 0.98 and a beta of 1.54. The Greenbrier Companies, Inc. has a twelve month low of $41.40 and a twelve month high of $71.06. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.89. The company has a 50 day moving average of $65.25 and a 200 day moving average of $55.94.

Greenbrier Companies (NYSE:GBX) last posted its quarterly 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. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The firm had revenue of $875.90 million during the quarter, compared to analysts’ expectations of $849.51 million. During the same quarter in the previous year, the business earned $0.96 earnings per share. The company’s revenue was up 8.3% on a year-over-year basis. As a group, research analysts expect that The Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, January 29th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Wednesday, January 29th. Greenbrier Companies’s payout ratio is presently 20.94%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on GBX shares. Susquehanna lifted 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. Bank of America raised their price target on Greenbrier Companies from $60.00 to $62.00 and gave the company an “underperform” rating in a report on Thursday, January 9th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Greenbrier Companies has an average rating of “Hold” and an average target price of $63.00.

Insider Transactions at Greenbrier Companies

In related news, COO William J. Krueger sold 2,000 shares of Greenbrier Companies stock in a transaction on Friday, November 1st. The stock was sold at an average price of $58.78, for a total value of $117,560.00. Following the completion of the sale, the chief operating officer now owns 48,714 shares of the company’s stock, valued at $2,863,408.92. The trade was a 3.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Ricardo Galvan sold 1,388 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $62.00, for a total value of $86,056.00. Following the sale, the senior vice president now owns 32,388 shares of the company’s stock, valued at approximately $2,008,056. This represents a 4.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,727 shares of company stock worth $675,730 over the last three months. 1.78% of the stock is currently owned by company insiders.

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.