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 firm's stock in a transaction on Friday, July 11th. The stock was sold at an average price of $54.31, for a total transaction of $198,340.12. Following the completion of the sale, the director owned 3,000 shares of the company's stock, valued at $162,930. The trade was a 54.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Greenbrier Companies Stock Down 1.9%

Shares of NYSE:GBX traded down $1.01 during midday trading on Monday, hitting $52.71. 530,830 shares of the company's stock were exchanged, compared to its average volume of 382,946. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 0.82. Greenbrier Companies, Inc. has a 12 month low of $37.77 and a 12 month high of $71.06. The company has a market cap of $1.63 billion, a PE ratio of 7.47, a price-to-earnings-growth ratio of 1.50 and a beta of 1.71. The stock has a 50 day moving average price of $47.40 and a 200-day moving average price of $52.39.

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

Greenbrier Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 7th. Investors 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 yield of 2.43%. The ex-dividend date of this dividend is Thursday, July 17th. Greenbrier Companies's payout ratio is currently 18.13%.

Hedge Funds Weigh In On Greenbrier Companies

Several large investors have recently bought and sold shares of the stock. Alliancebernstein L.P. raised its holdings in shares of Greenbrier Companies by 0.6% in the fourth quarter. Alliancebernstein L.P. now owns 32,993 shares of the transportation company's stock valued at $2,012,000 after purchasing an additional 196 shares during the last quarter. Versant Capital Management Inc boosted 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 during the last quarter. Fox Run Management L.L.C. grew its position 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 worth $833,000 after purchasing an additional 327 shares in the last quarter. Quarry LP increased its stake 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 lifted its position in shares of Greenbrier Companies by 0.7% during the 4th quarter. Swiss National Bank now owns 61,200 shares of the transportation company's stock worth $3,733,000 after buying an additional 400 shares in the last quarter. 95.59% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on GBX shares. Wall Street Zen upgraded Greenbrier Companies from a "hold" rating to a "strong-buy" rating in a report on Saturday, July 5th. Susquehanna increased their target price on Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a report on Wednesday, July 2nd.

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.