Shares of Greenbrier Companies Inc. (NYSE:GBX) traded down 2.9% during trading on Tuesday . The company traded as low as $32.24 and last traded at $32.34, with a volume of 207,035 shares trading hands. The stock had previously closed at $33.29.

A number of analysts recently commented on the stock. Zacks Investment Research upgraded shares of Greenbrier Companies from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Tuesday, June 7th. TheStreet upgraded shares of Greenbrier Companies from a “hold” rating to a “buy” rating in a research report on Monday, May 2nd. Cowen and Company lowered their price objective on shares of Greenbrier Companies from $37.00 to $35.00 and set an “outperform” rating for the company in a research report on Thursday, July 7th. Longbow Research cut shares of Greenbrier Companies from a “buy” rating to a “neutral” rating in a research report on Monday, June 20th. Finally, Standpoint Research restated a “buy” rating on shares of Greenbrier Companies in a research report on Wednesday, July 27th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Greenbrier Companies has an average rating of “Hold” and an average price target of $35.00.

The firm has a market capitalization of $892.94 million and a P/E ratio of 4.73. The company has a 50-day moving average price of $30.75 and a 200-day moving average price of $28.33.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Wednesday, July 6th. The company reported $1.12 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.09 by $0.03. The company earned $612.90 million during the quarter. The firm’s revenue was down 14.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.49 EPS. Analysts anticipate that Greenbrier Companies Inc. will post $5.81 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 10th. Shareholders of record on Wednesday, July 20th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date of this dividend was Monday, July 18th. This is an increase from Greenbrier Companies’s previous quarterly dividend of $0.20.

In related news, EVP Mark J. Rittenbaum sold 2,135 shares of the company’s stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of $28.39, for a total transaction of $60,612.65. Following the sale, the executive vice president now directly owns 100,357 shares in the company, valued at approximately $2,849,135.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark J. Rittenbaum sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 20th. The shares were sold at an average price of $32.20, for a total transaction of $161,000.00. Following the sale, the executive vice president now owns 95,357 shares in the company, valued at $3,070,495.40. The disclosure for this sale can be found here.

Several hedge funds have made changes to their positions in GBX. GSA Capital Partners LLP acquired a new stake in shares of Greenbrier Companies during the fourth quarter worth approximately $1,054,000. Westbourne Investment Advisors Inc. raised its stake in Greenbrier Companies by 114.3% in the fourth quarter. Westbourne Investment Advisors Inc. now owns 35,185 shares of the company’s stock worth $1,148,000 after buying an additional 18,770 shares during the period. Rhumbline Advisers raised its position in shares of Greenbrier Companies by 20.8% in the fourth quarter. Rhumbline Advisers now owns 37,559 shares of the company’s stock worth $1,225,000 after buying an additional 6,470 shares during the last quarter. Swiss National Bank raised its position in shares of Greenbrier Companies by 8.6% in the fourth quarter. Swiss National Bank now owns 37,800 shares of the company’s stock worth $1,233,000 after buying an additional 3,000 shares during the last quarter. Finally, Polaris Capital Management LLC raised its position in shares of Greenbrier Companies by 102.8% in the fourth quarter. Polaris Capital Management LLC now owns 42,718 shares of the company’s stock worth $1,393,000 after buying an additional 21,650 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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