Wanda F. Felton Sells 3,652 Shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) Stock

Greenbrier Companies, Inc. (The) (NYSE:GBX - Get Free Report) Director Wanda F. Felton sold 3,652 shares of the business's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $54.31, for a total transaction of $198,340.12. Following the completion of the sale, the director directly owned 3,000 shares of the company's stock, valued at approximately $162,930. The trade was a 54.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Greenbrier Companies Price Performance

GBX traded down $1.78 on Friday, hitting $53.68. 559,214 shares of the stock were exchanged, 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 business has a 50-day moving average of $47.22 and a two-hundred day moving average of $52.53. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 7.60, a PEG ratio of 1.50 and a beta of 1.71.

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

Greenbrier Companies Dividend Announcement

The firm also recently announced 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. This represents a $1.28 annualized dividend and a yield of 2.38%. The ex-dividend date is Thursday, July 17th. Greenbrier Companies's payout ratio is 18.13%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on GBX. 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 upped their price objective on shares of Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a research report on Wednesday, July 2nd.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Alliancebernstein L.P. raised its stake in Greenbrier Companies by 0.6% during the fourth quarter. Alliancebernstein L.P. now owns 32,993 shares of the transportation company's stock worth $2,012,000 after acquiring an additional 196 shares in the last quarter. Versant Capital Management Inc raised its holdings in Greenbrier Companies by 44.7% in the 1st quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock valued at $35,000 after buying an additional 213 shares during the last quarter. Fox Run Management L.L.C. raised its holdings in Greenbrier Companies by 2.1% in the 1st quarter. Fox Run Management L.L.C. now owns 16,271 shares of the transportation company's stock valued at $833,000 after buying an additional 327 shares during the last quarter. Quarry LP raised its holdings in Greenbrier Companies by 892.7% in the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after buying an additional 366 shares during the last quarter. Finally, Swiss National Bank raised its holdings in Greenbrier Companies by 0.7% in the 4th quarter. Swiss National Bank now owns 61,200 shares of the transportation company's stock valued at $3,733,000 after buying an additional 400 shares during the last quarter. Institutional investors and hedge funds own 95.59% of the company's stock.

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.