Greenbrier Companies, Inc. (The) (NYSE:GBX) Director Thomas B. Fargo Sells 3,727 Shares

Greenbrier Companies, Inc. (The) (NYSE:GBX - Get Free Report) Director Thomas B. Fargo sold 3,727 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $54.97, for a total transaction of $204,873.19. Following the transaction, the director directly owned 2,141 shares in the company, valued at approximately $117,690.77. The trade was a 63.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Greenbrier Companies Stock Performance

Shares of NYSE:GBX traded down $1.78 during trading on Friday, reaching $53.68. The stock had a trading volume of 559,214 shares, compared to its average volume of 382,411. Greenbrier Companies, Inc. has a 52 week low of $37.77 and a 52 week high of $71.06. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 7.60, a P/E/G ratio of 1.55 and a beta of 1.71. The company has a quick ratio of 0.82, a current ratio of 1.48 and a debt-to-equity ratio of 0.83. The stock has a fifty day simple moving average of $47.22 and a two-hundred day simple moving average of $52.61.

Greenbrier Companies (NYSE:GBX - Get Free Report) last released its quarterly 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 analyst estimates of $785.72 million. During the same quarter last year, the firm posted $1.06 earnings per share. The company's quarterly revenue was up 2.7% compared to the same quarter last year. As a group, analysts anticipate that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 7th. Stockholders of record on Thursday, July 17th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Thursday, July 17th. Greenbrier Companies's dividend payout ratio is 18.13%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on GBX shares. Wall Street Zen raised shares of Greenbrier Companies from a "hold" rating to a "strong-buy" rating in a research report on Saturday, July 5th. Susquehanna raised their price objective on shares of Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research report on Wednesday, July 2nd.

Hedge Funds Weigh In On Greenbrier Companies

Institutional investors have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Greenbrier Companies in the first quarter worth $586,000. New York State Teachers Retirement System grew its stake in shares of Greenbrier Companies by 27.2% in the first quarter. New York State Teachers Retirement System now owns 13,848 shares of the transportation company's stock worth $709,000 after acquiring an additional 2,960 shares during the last quarter. Northern Trust Corp grew its stake in shares of Greenbrier Companies by 20.5% in the fourth quarter. Northern Trust Corp now owns 389,406 shares of the transportation company's stock worth $23,750,000 after acquiring an additional 66,185 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Greenbrier Companies by 6,100.3% in the first quarter. GAMMA Investing LLC now owns 38,876 shares of the transportation company's stock worth $1,991,000 after acquiring an additional 38,249 shares during the last quarter. Finally, NBC Securities Inc. grew its stake in shares of Greenbrier Companies by 108,700.0% in the first quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock worth $55,000 after acquiring an additional 1,087 shares during the last quarter. Institutional investors own 95.59% of the company's stock.

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.