Cullen Investment Group LTD. Takes Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Cullen Investment Group LTD. purchased a new stake in The Greenbrier Companies, Inc. (NYSE:GBX - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 19,481 shares of the transportation company's stock, valued at approximately $861,000. Cullen Investment Group LTD. owned approximately 0.06% of Greenbrier Companies as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of GBX. Gladius Capital Management LP bought a new position in Greenbrier Companies in the third quarter valued at approximately $31,000. BluePath Capital Management LLC acquired a new stake in shares of Greenbrier Companies in the third quarter valued at approximately $32,000. Point72 Asset Management L.P. acquired a new stake in shares of Greenbrier Companies in the second quarter valued at approximately $32,000. Samalin Investment Counsel LLC acquired a new stake in shares of Greenbrier Companies in the first quarter valued at approximately $39,000. Finally, First Horizon Advisors Inc. raised its holdings in shares of Greenbrier Companies by 3,407.9% in the first quarter. First Horizon Advisors Inc. now owns 1,333 shares of the transportation company's stock valued at $43,000 after purchasing an additional 1,295 shares during the last quarter. Institutional investors own 95.59% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on GBX shares. Stephens lifted their price objective on shares of Greenbrier Companies from $62.00 to $65.00 and gave the company an "overweight" rating in a report on Monday, April 8th. 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 report on Monday, April 8th. 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 report on Tuesday, April 9th. Finally, TheStreet upgraded shares of Greenbrier Companies from a "c+" rating to a "b" rating in a report on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $54.00.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, EVP Brian J. Comstock sold 2,500 shares of the company's stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $46.39, for a total value of $115,975.00. Following the transaction, the executive vice president now directly owns 80,111 shares in the company, valued at $3,716,349.29. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Greenbrier Companies news, EVP Brian J. Comstock sold 2,500 shares of the company's stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $46.39, for a total value of $115,975.00. Following the transaction, the executive vice president now directly owns 80,111 shares in the company, valued at $3,716,349.29. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Wanda F. Felton sold 4,185 shares of the business's stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $46.65, for a total transaction of $195,230.25. Following the completion of the sale, the director now directly owns 7,365 shares of the company's stock, valued at approximately $343,577.25. The disclosure for this sale can be found here. Insiders have sold a total of 15,485 shares of company stock worth $776,461 over the last ninety days. Insiders own 2.54% of the company's stock.

Greenbrier Companies Stock Down 0.1 %

GBX traded down $0.05 during trading on Tuesday, reaching $51.31. 212,117 shares of the stock were exchanged, compared to its average volume of 339,688. The stock has a market cap of $1.60 billion, a P/E ratio of 15.09, a price-to-earnings-growth ratio of 1.80 and a beta of 1.66. The Greenbrier Companies, Inc. has a twelve month low of $25.41 and a twelve month high of $58.00. The stock's 50 day moving average price is $50.39 and its two-hundred day moving average price is $44.38. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73.

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

Greenbrier Companies Announces Dividend

The business 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 $0.30 dividend. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.20 annualized dividend and a dividend yield of 2.34%. Greenbrier Companies's dividend payout ratio is currently 35.29%.

Greenbrier Companies 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.