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

The Greenbrier Companies, Inc. (NYSE:GBX) COO William J. Krueger sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were 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 in the company, valued at approximately $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Greenbrier Companies Price Performance

Shares of NYSE GBX traded up $1.59 during midday trading on Tuesday, reaching $64.51. 280,211 shares of the company traded hands, compared to its average volume of 441,901. The Greenbrier Companies, Inc. has a 12 month low of $41.40 and a 12 month high of $71.06. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53. The stock’s 50-day simple moving average is $65.34 and its 200-day simple moving average is $56.91. The firm has a market cap of $2.02 billion, a PE ratio of 11.26, a PEG ratio of 0.96 and a beta of 1.52.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. Greenbrier Companies had a net margin of 5.10% and a return on equity of 12.10%. The firm had revenue of $875.90 million for the quarter, compared to analyst estimates of $849.51 million. During the same period in the previous year, the business earned $0.96 earnings per share. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. As a group, equities analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Wednesday, January 29th. Greenbrier Companies’s dividend payout ratio is currently 20.94%.

Institutional Trading of Greenbrier Companies

Several large investors have recently made changes to their positions in the business. Marshall Wace LLP acquired a new stake in Greenbrier Companies in the 2nd quarter valued at about $902,000. Millennium Management LLC raised its position in Greenbrier Companies by 77.4% in the 2nd quarter. Millennium Management LLC now owns 144,221 shares of the transportation company’s stock worth $7,146,000 after purchasing an additional 62,911 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in Greenbrier Companies by 4.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,530 shares of the transportation company’s stock valued at $770,000 after buying an additional 702 shares during the last quarter. Creative Planning increased its stake in shares of Greenbrier Companies by 159.3% in the 2nd quarter. Creative Planning now owns 28,464 shares of the transportation company’s stock valued at $1,410,000 after buying an additional 17,487 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of Greenbrier Companies by 60.9% in the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after buying an additional 207 shares during the period. Institutional investors own 95.59% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Bank of America boosted their price target 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 increased their price target on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research report on Monday, October 21st. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $63.00.

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.