Greenbrier Companies Inc. (NYSE:GBX) shot up 3.4% on Thursday . The stock traded as high as $32.97 and last traded at $32.94, with a volume of 174,861 shares. The stock had previously closed at $31.85.

Several research firms have recently weighed in on GBX. Standpoint Research reissued a “buy” rating on shares of Greenbrier Companies in a research report on Wednesday, July 27th. Cowen and Company dropped their target price 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 downgraded shares of Greenbrier Companies from a “buy” rating to a “neutral” rating in a research report on Monday, June 20th. Zacks Investment Research downgraded shares of Greenbrier Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, June 8th. Finally, TheStreet raised shares of Greenbrier Companies from a “hold” rating to a “buy” rating in a research report on Monday, May 2nd. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $35.00.

The stock’s 50-day moving average price is $31.21 and its 200-day moving average price is $28.60. The stock has a market capitalization of $948.50 million and a PE ratio of 5.02.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Wednesday, July 6th. The company reported $1.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.09 by $0.03. The firm had revenue of $612.90 million for the quarter. The company’s revenue for the quarter was down 14.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.49 earnings per share. On average, equities research analysts predict that Greenbrier Companies Inc. will post $5.81 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 10th. Investors of record on Wednesday, July 20th were issued a dividend of $0.21 per share. This is a positive change from Greenbrier Companies’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend was Monday, July 18th.

In related news, VP Anne Manning sold 5,000 shares of the company’s stock in a transaction on Thursday, July 28th. The shares were sold at an average price of $31.25, for a total transaction of $156,250.00. Following the completion of the sale, the vice president now directly owns 13,920 shares of the company’s stock, valued at approximately $435,000. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Alejandro Centurion sold 6,000 shares of the stock in a transaction on Friday, July 22nd. The shares were sold at an average price of $31.95, for a total transaction of $191,700.00. Following the completion of the sale, the executive vice president now directly owns 12,950 shares of the company’s stock, valued at $413,752.50. The disclosure for this sale can be found here.

Other hedge funds recently modified their holdings of the company. Swiss National Bank increased its stake 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 period. Rhumbline Advisers increased its stake 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 period. California Public Employees Retirement System increased its stake in shares of Greenbrier Companies by 12.7% in the fourth quarter. California Public Employees Retirement System now owns 86,100 shares of the company’s stock worth $2,809,000 after buying an additional 9,700 shares during the period. Westbourne Investment Advisors Inc. increased its stake in shares of 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. Finally, GSA Capital Partners LLP bought a new stake in shares of Greenbrier Companies during the fourth quarter worth $1,054,000.

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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