The Greenbrier Companies, Inc. (NYSE:GBX) CEO Sells $501,384.00 in Stock

The Greenbrier Companies, Inc. (NYSE:GBX) CEO Lorie Tekorius sold 9,642 shares of the stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $52.00, for a total transaction of $501,384.00. Following the sale, the chief executive officer now directly owns 226,611 shares of the company’s stock, valued at approximately $11,783,772. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Greenbrier Companies Stock Performance

Shares of NYSE:GBX traded up $1.97 during trading on Tuesday, reaching $53.50. 242,942 shares of the company’s stock traded hands, compared to its average volume of 333,477. The stock has a market capitalization of $1.67 billion, a P/E ratio of 15.59, a price-to-earnings-growth ratio of 1.79 and a beta of 1.66. The Greenbrier Companies, Inc. has a 12 month low of $25.41 and a 12 month high of $58.00. The company has a 50 day moving average of $50.67 and a 200-day moving average of $44.73. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.75 by $0.28. The company had revenue of $862.70 million for the quarter, compared to analyst estimates of $841.58 million. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. Greenbrier Companies’s revenue was down 23.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.99 earnings per share. On average, equities analysts expect that The Greenbrier Companies, Inc. will post 4.13 EPS for the current year.

Greenbrier Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 14th. Stockholders of record on Tuesday, April 23rd will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Monday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is presently 35.29%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GBX. TheStreet raised shares of Greenbrier Companies from a “c+” rating to a “b” rating in a research report on Friday, January 5th. Susquehanna lifted their price objective on shares of Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a research note on Tuesday, April 9th. Stephens raised their price target on shares of Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, April 8th. Finally, TD Cowen boosted their price objective on shares of Greenbrier Companies from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $54.00.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in Greenbrier Companies by 2.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,513,387 shares of the transportation company’s stock valued at $111,042,000 after buying an additional 66,323 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its holdings in Greenbrier Companies by 2.7% in the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 955,670 shares of the transportation company’s stock valued at $42,222,000 after acquiring an additional 25,300 shares during the last quarter. Frontier Capital Management Co. LLC boosted its position in shares of Greenbrier Companies by 2.9% during the 4th quarter. Frontier Capital Management Co. LLC now owns 615,762 shares of the transportation company’s stock valued at $27,204,000 after purchasing an additional 17,293 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Greenbrier Companies by 9.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 529,256 shares of the transportation company’s stock worth $21,170,000 after purchasing an additional 44,876 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Greenbrier Companies by 306.6% in the 3rd quarter. American Century Companies Inc. now owns 255,503 shares of the transportation company’s stock worth $10,220,000 after purchasing an additional 192,657 shares during the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

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.