Insider Selling: The Greenbrier Companies, Inc. (NYSE:GBX) COO Sells $126,420.00 in Stock

The Greenbrier Companies, Inc. (NYSE:GBX) COO William J. Krueger sold 2,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $63.21, for a total value of $126,420.00. Following the sale, 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Greenbrier Companies Trading Down 0.6 %

Shares of NYSE GBX opened at $65.21 on Friday. The firm has a market cap of $2.04 billion, a PE ratio of 11.38, a price-to-earnings-growth ratio of 0.96 and a beta of 1.52. 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 Greenbrier Companies, Inc. has a twelve month low of $41.40 and a twelve month high of $71.06. The business has a fifty day simple moving average of $65.22 and a two-hundred day simple moving average of $57.09.

Greenbrier Companies (NYSE:GBX) last announced 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. 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 for the quarter, compared to the consensus estimate of $849.51 million. During the same period in the previous year, the business earned $0.96 EPS. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. Analysts expect that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, January 29th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, January 29th. This represents a $1.20 annualized dividend and a yield of 1.84%. Greenbrier Companies’s dividend payout ratio (DPR) is 20.94%.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its stake in Greenbrier Companies by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 711,931 shares of the transportation company’s stock worth $36,237,000 after buying an additional 7,886 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Greenbrier Companies by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 628,923 shares of the transportation company’s stock valued at $32,006,000 after purchasing an additional 2,536 shares during the last quarter. Victory Capital Management Inc. grew its stake in Greenbrier Companies by 6.7% during the 3rd quarter. Victory Capital Management Inc. now owns 513,938 shares of the transportation company’s stock valued at $26,154,000 after purchasing an additional 32,191 shares during the last quarter. Hodges Capital Management Inc. grew its stake in Greenbrier Companies by 9.2% during the 4th quarter. Hodges Capital Management Inc. now owns 348,325 shares of the transportation company’s stock valued at $21,244,000 after purchasing an additional 29,231 shares during the last quarter. Finally, Hennessy Advisors Inc. grew its stake in Greenbrier Companies by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 197,300 shares of the transportation company’s stock valued at $12,033,000 after purchasing an additional 12,600 shares during the last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

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.