Shares of Greenbrier Companies Inc. (NYSE:GBX) traded down 6.5% during trading on Wednesday . The company traded as low as $25.90 and last traded at $26.91, with a volume of 1,712,245 shares trading hands. The stock had previously closed at $28.79.

A number of analysts recently commented on the stock. Longbow Research cut shares of Greenbrier Companies from a “buy” rating to a “neutral” rating in a research note on Monday, June 20th. Zacks Investment Research cut shares of Greenbrier Companies from a “buy” rating to a “hold” rating in a research note on Wednesday, June 8th. TheStreet upgraded shares of Greenbrier Companies from a “hold” rating to a “buy” rating in a research note on Monday, May 2nd. Bank of America Corp. restated a “buy” rating on shares of Greenbrier Companies in a research note on Wednesday, April 6th. Finally, Wells Fargo & Co. restated a “hold” rating on shares of Greenbrier Companies in a research note on Wednesday, April 6th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Greenbrier Companies has an average rating of “Hold” and an average target price of $35.33.

The company has a market cap of $734.10 million and a PE ratio of 3.78. The company has a 50-day moving average price of $28.60 and a 200 day moving average price of $27.63.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Wednesday, July 6th. The company reported $1.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.03. The business earned $612.90 million during the quarter, compared to analysts’ expectations of $599.53 million. During the same period last year, the company earned $1.49 earnings per share. The firm’s revenue was down 14.2% compared to the same quarter last year. On average, equities research analysts expect that Greenbrier Companies Inc. will post $5.88 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 10th. Investors of record on Wednesday, July 20th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.21%. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Monday, July 18th.

In other Greenbrier Companies news, SVP Martin Raymond Baker sold 5,357 shares of the stock in a transaction dated Wednesday, April 27th. The shares were sold at an average price of $30.67, for a total transaction of $164,299.19. Following the completion of the sale, the senior vice president now directly owns 11,211 shares of the company’s stock, valued at $343,841.37. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Alejandro Centurion sold 10,000 shares of the stock in a transaction dated Friday, April 15th. The shares were sold at an average price of $31.84, for a total transaction of $318,400.00. Following the sale, the executive vice president now directly owns 18,194 shares of the company’s stock, valued at $579,296.96. The disclosure for this sale can be found here.

Several hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System raised its stake in Greenbrier Companies by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 48,891 shares of the company’s stock valued at $1,595,000 after buying an additional 788 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in Greenbrier Companies by 4.9% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 47,715 shares of the company’s stock valued at $1,556,000 after buying an additional 2,241 shares during the last quarter. Swiss National Bank raised its stake in Greenbrier Companies by 8.6% in the fourth quarter. Swiss National Bank now owns 37,800 shares of the company’s stock valued at $1,233,000 after buying an additional 3,000 shares during the last quarter. Rhumbline Advisers raised its stake in Greenbrier Companies by 20.8% in the fourth quarter. Rhumbline Advisers now owns 37,559 shares of the company’s stock valued at $1,225,000 after buying an additional 6,470 shares during the last quarter. Finally, California Public Employees Retirement System raised its stake in Greenbrier Companies by 12.7% in the fourth quarter. California Public Employees Retirement System now owns 86,100 shares of the company’s stock valued at $2,809,000 after buying an additional 9,700 shares during the last quarter.

The Greenbrier Companies, Inc (Greenbrier), formerly Greenbrier Co Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe, a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services, railcar refurbishment and parts, leasing and other services.

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