The Greenbrier Companies, Inc. (NYSE:GBX) Chairman William A. Furman Sells 59,768 Shares

The Greenbrier Companies, Inc. (NYSE:GBX – Get Rating) Chairman William A. Furman sold 59,768 shares of the business’s stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $32.11, for a total value of $1,919,150.48. Following the sale, the chairman now owns 660,191 shares in the company, valued at $21,198,733.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Greenbrier Companies Price Performance

Shares of GBX stock opened at $31.43 on Tuesday. The stock’s fifty day simple moving average is $36.01 and its 200 day simple moving average is $41.57. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.95 and a quick ratio of 1.12. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 18.06, a P/E/G ratio of 3.11 and a beta of 1.34. The Greenbrier Companies, Inc. has a one year low of $28.01 and a one year high of $53.46.

Greenbrier Companies (NYSE:GBX – Get Rating) last posted its quarterly earnings data on Monday, July 11th. The transportation company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.58). The business had revenue of $793.50 million during the quarter, compared to analyst estimates of $736.13 million. Greenbrier Companies had a return on equity of 4.18% and a net margin of 2.23%. Greenbrier Companies’s revenue for the quarter was up 76.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 EPS. On average, analysts expect that The Greenbrier Companies, Inc. will post 1.46 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 18th. Shareholders of record on Thursday, July 28th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend is Wednesday, July 27th. Greenbrier Companies’s dividend payout ratio is currently 62.07%.

Hedge Funds Weigh In On Greenbrier Companies

Institutional investors and hedge funds have recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. acquired a new position in Greenbrier Companies in the fourth quarter worth $201,000. Isthmus Partners LLC lifted its stake in shares of Greenbrier Companies by 3.5% during the first quarter. Isthmus Partners LLC now owns 46,405 shares of the transportation company’s stock valued at $2,390,000 after acquiring an additional 1,553 shares during the period. SummerHaven Investment Management LLC lifted its stake in shares of Greenbrier Companies by 4.5% during the first quarter. SummerHaven Investment Management LLC now owns 20,320 shares of the transportation company’s stock valued at $1,047,000 after acquiring an additional 871 shares during the period. StrategIQ Financial Group LLC lifted its stake in shares of Greenbrier Companies by 21.3% during the fourth quarter. StrategIQ Financial Group LLC now owns 8,234 shares of the transportation company’s stock valued at $378,000 after acquiring an additional 1,447 shares during the period. Finally, Atlas Private Wealth Advisors acquired a new position in shares of Greenbrier Companies during the first quarter valued at $708,000. Institutional investors and hedge funds own 98.07% of the company’s stock.

Analysts Set New Price Targets

GBX has been the topic of a number of research reports. Bank of America cut Greenbrier Companies from a “buy” rating to a “neutral” rating in a research report on Monday, July 11th. StockNews.com cut Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Monday, July 11th. TheStreet cut Greenbrier Companies from a “b-” rating to a “c” rating in a research report on Monday, July 11th. Susquehanna decreased their price target on Greenbrier Companies from $58.00 to $38.00 and set a “positive” rating on the stock in a research note on Tuesday, July 12th. Finally, Stephens decreased their price target on Greenbrier Companies from $63.00 to $59.00 and set an “overweight” rating on the stock in a research note on Thursday, April 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $48.50.

About Greenbrier Companies

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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; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, center partition cars, and bulkhead flat cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels.