The Greenbrier Companies, Inc. (NYSE:GBX) CEO Lorie Tekorius Sells 9,642 Shares

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

Greenbrier Companies Stock Performance

NYSE GBX opened at $53.53 on Thursday. The company has a fifty day simple moving average of $50.90 and a 200 day simple moving average of $44.89. The Greenbrier Companies, Inc. has a 12-month low of $25.41 and a 12-month high of $58.00. The company has a current ratio of 1.73, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98. The company has a market cap of $1.67 billion, a P/E ratio of 15.74, a PEG ratio of 1.78 and a beta of 1.66.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.28. The firm had revenue of $862.70 million for the quarter, compared to the consensus estimate of $841.58 million. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The business’s revenue for the quarter was down 23.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.99 EPS. Sell-side analysts predict that The Greenbrier Companies, Inc. will post 4.13 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. TheStreet upgraded shares of Greenbrier Companies from a “c+” rating to a “b” rating in a research note 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. TD Cowen lifted their price objective on shares of Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, April 8th. Finally, Stephens lifted their price target on shares of Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Greenbrier Companies has an average rating of “Hold” and a consensus target price of $54.00.

Hedge Funds Weigh In On Greenbrier Companies

A number of hedge funds have recently bought and sold shares of the company. SummerHaven Investment Management LLC boosted its holdings in Greenbrier Companies by 1.6% during the 4th quarter. SummerHaven Investment Management LLC now owns 16,596 shares of the transportation company’s stock worth $733,000 after acquiring an additional 254 shares during the last quarter. Sheets Smith Wealth Management grew its position in Greenbrier Companies by 3.0% during the third quarter. Sheets Smith Wealth Management now owns 10,886 shares of the transportation company’s stock valued at $435,000 after buying an additional 313 shares during the period. Cullen Investment Group LTD. grew its position in Greenbrier Companies by 1.8% during the first quarter. Cullen Investment Group LTD. now owns 19,840 shares of the transportation company’s stock valued at $1,020,000 after buying an additional 359 shares during the period. Hexagon Capital Partners LLC bought a new position in Greenbrier Companies during the first quarter valued at about $26,000. Finally, Jump Financial LLC grew its position in Greenbrier Companies by 7.7% during the fourth quarter. Jump Financial LLC now owns 10,693 shares of the transportation company’s stock valued at $472,000 after buying an additional 766 shares during the period. 95.59% of the stock is owned by hedge funds and other institutional investors.

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.