Greenbrier Companies, Inc. (The) (NYSE:GBX) Director Acquires $112,100.00 in Stock

Key Points

• Director James R. Huffines of Greenbrier Companies acquired 2,500 shares of stock for a total of $112,100, increasing his ownership by 21.91%.
• The company reported an earnings per share (EPS) of $1.86 for the last quarter, significantly exceeding analysts' expectations of $0.99.
• Greenbrier recently announced a quarterly dividend of $0.32, translating to an annual yield of 2.8% with a payout ratio of 18.13%.

Greenbrier Companies, Inc. (The) (NYSE:GBX - Get Free Report) Director James R. Huffines purchased 2,500 shares of the company's stock in a transaction dated Friday, August 8th. The stock was bought at an average price of $44.84 per share, with a total value of $112,100.00. Following the completion of the transaction, the director directly owned 13,909 shares of the company's stock, valued at approximately $623,679.56. This represents a 21.91% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Greenbrier Companies Trading Up 0.3%

NYSE:GBX traded up $0.12 on Monday, reaching $45.08. The company's stock had a trading volume of 299,398 shares, compared to its average volume of 476,040. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 6.38, a price-to-earnings-growth ratio of 1.26 and a beta of 1.69. The company has a quick ratio of 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. Greenbrier Companies, Inc. has a 12-month low of $37.77 and a 12-month high of $71.06. The stock has a 50 day moving average price of $47.97 and a 200 day moving average price of $49.96.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its earnings results on Tuesday, July 1st. The transportation company reported $1.86 EPS for the quarter, beating analysts' consensus estimates of $0.99 by $0.87. Greenbrier Companies had a net margin of 6.48% and a return on equity of 14.56%. The company had revenue of $842.70 million for the quarter, compared to analysts' expectations of $785.72 million. During the same quarter in the prior year, the company posted $1.06 earnings per share. Greenbrier Companies's revenue for the quarter was up 2.7% compared to the same quarter last year. On average, equities analysts anticipate that Greenbrier Companies, Inc. will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th were given a $0.32 dividend. The ex-dividend date of this dividend was Thursday, July 17th. This represents a $1.28 dividend on an annualized basis and a yield of 2.8%. Greenbrier Companies's payout ratio is presently 18.13%.

Analysts Set New Price Targets

Several research firms have recently commented on GBX. Susquehanna lifted their price target on Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a report on Wednesday, July 2nd. Wall Street Zen lowered shares of Greenbrier Companies from a "strong-buy" rating to a "buy" rating in a report on Saturday.

Institutional Investors Weigh In On Greenbrier Companies

A number of institutional investors have recently modified their holdings of GBX. Quarry LP increased its stake in Greenbrier Companies by 892.7% during the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after buying an additional 366 shares during the period. F M Investments LLC acquired a new position in shares of Greenbrier Companies during the 4th quarter worth about $35,000. Versant Capital Management Inc raised its holdings in Greenbrier Companies by 44.7% during the first quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock worth $35,000 after purchasing an additional 213 shares in the last quarter. NBC Securities Inc. grew its holdings in shares of Greenbrier Companies by 108,700.0% during the first quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock worth $55,000 after purchasing an additional 1,087 shares during the last quarter. Finally, Curat Global LLC purchased a new stake in Greenbrier Companies in the first quarter valued at approximately $56,000. 95.59% of the stock is owned by institutional investors and hedge funds.

Greenbrier Companies Company Profile

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.

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