Insider Selling: Greenbrier Companies, Inc. (The) (NYSE:GBX) Director Sells 3,727 Shares of Stock

Greenbrier Companies, Inc. (The) (NYSE:GBX - Get Free Report) Director Thomas B. Fargo sold 3,727 shares of the company's stock in a transaction 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 completion of the transaction, the director owned 2,141 shares of the company's stock, valued at $117,690.77. This trade represents a 63.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Greenbrier Companies Stock Down 3.2%

NYSE GBX traded down $1.78 during trading hours on Friday, reaching $53.68. 559,214 shares of the company traded hands, compared to its average volume of 382,351. Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The company has a current ratio of 1.48, a quick ratio of 0.82 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $1.66 billion, a PE ratio of 7.60, a PEG ratio of 1.50 and a beta of 1.71. The company has a 50 day moving average of $47.22 and a two-hundred day moving average of $52.53.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $842.70 million for the quarter, compared to the consensus estimate of $785.72 million. During the same period in the prior year, the firm posted $1.06 EPS. The firm's revenue was up 2.7% compared to the same quarter last year. As a group, equities analysts expect that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, July 17th. This represents a $1.28 dividend on an annualized basis and a yield of 2.38%. Greenbrier Companies's dividend payout ratio (DPR) is 18.13%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Greenbrier Companies from a "hold" rating to a "strong-buy" rating in a research note on Saturday, July 5th. Susquehanna upped their target price on shares of Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research note on Wednesday, July 2nd.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of Greenbrier Companies by 6.8% during the first quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company's stock worth $193,541,000 after purchasing an additional 242,180 shares during the period. Encompass Capital Advisors LLC raised its holdings in shares of Greenbrier Companies by 26.2% during the fourth quarter. Encompass Capital Advisors LLC now owns 930,236 shares of the transportation company's stock worth $56,735,000 after purchasing an additional 193,340 shares during the period. Millennium Management LLC raised its holdings in shares of Greenbrier Companies by 260.2% during the first quarter. Millennium Management LLC now owns 741,760 shares of the transportation company's stock worth $37,993,000 after purchasing an additional 535,843 shares during the period. LSV Asset Management raised its holdings in shares of Greenbrier Companies by 9.1% during the first quarter. LSV Asset Management now owns 595,064 shares of the transportation company's stock worth $30,479,000 after purchasing an additional 49,879 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Greenbrier Companies by 5.4% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 569,228 shares of the transportation company's stock worth $29,156,000 after purchasing an additional 29,408 shares during the period. 95.59% of the stock is currently owned by 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.