Greenbrier Companies, Inc. (The) (NYSE:GBX) COO Sells $192,000.00 in Stock

Greenbrier Companies, Inc. (The) (NYSE:GBX - Get Free Report) COO William J. Krueger sold 4,000 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $48.00, for a total transaction of $192,000.00. Following the transaction, the chief operating officer owned 32,714 shares of the company's stock, valued at approximately $1,570,272. This represents a 10.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Greenbrier Companies Price Performance

Shares of GBX stock traded down $0.61 on Friday, reaching $56.30. The company's stock had a trading volume of 589,203 shares, compared to its average volume of 390,291. The stock's fifty day simple moving average is $45.70 and its 200-day simple moving average is $52.92. Greenbrier Companies, Inc. has a 1 year low of $37.77 and a 1 year high of $71.06. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 7.97, a price-to-earnings-growth ratio of 2.30 and a beta of 1.71. The company has a current ratio of 1.48, a quick ratio of 0.83 and a debt-to-equity ratio of 0.83.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings data on Tuesday, July 1st. The transportation company reported $1.86 EPS for the quarter, topping 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 business had revenue of $842.70 million during the quarter, compared to analysts' expectations of $785.72 million. During the same period last year, the company posted $1.06 EPS. The business's revenue was up 2.7% on a year-over-year basis. Analysts forecast that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal 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 given 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 2.27%. Greenbrier Companies's dividend payout ratio (DPR) is presently 18.13%.

Institutional Investors Weigh In On Greenbrier Companies

Several institutional investors have recently modified their holdings of the stock. Alliancebernstein L.P. boosted its position in shares of Greenbrier Companies by 0.6% during the fourth quarter. Alliancebernstein L.P. now owns 32,993 shares of the transportation company's stock valued at $2,012,000 after buying an additional 196 shares during the period. Versant Capital Management Inc lifted its stake in shares of Greenbrier Companies by 44.7% during the 1st quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock worth $35,000 after acquiring an additional 213 shares during the last quarter. Fox Run Management L.L.C. boosted its holdings in Greenbrier Companies by 2.1% during 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 acquiring an additional 327 shares during the period. Quarry LP boosted its holdings in Greenbrier Companies by 892.7% during the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock valued at $25,000 after acquiring an additional 366 shares during the period. Finally, Swiss National Bank grew its position 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 acquiring an additional 400 shares during the last quarter. 95.59% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Susquehanna boosted their target price on Greenbrier Companies from $52.00 to $57.00 and gave the stock a "positive" rating in a research report on Wednesday.

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.