Brian J. Comstock Sells 10,000 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBX) EVP Brian J. Comstock sold 10,000 shares of Greenbrier Companies stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $52.48, for a total transaction of $524,800.00. Following the completion of the transaction, the executive vice president now directly owns 70,111 shares in the company, valued at approximately $3,679,425.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Greenbrier Companies Price Performance

Shares of GBX stock traded down $1.64 during trading hours on Tuesday, hitting $49.39. The company had a trading volume of 373,020 shares, compared to its average volume of 331,633. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 14.53, a PEG ratio of 1.82 and a beta of 1.66. The Greenbrier Companies, Inc. has a 12 month low of $25.41 and a 12 month high of $58.00. The firm’s fifty day moving average is $51.11 and its 200 day moving average is $45.16.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.28. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The firm had revenue of $862.70 million during the quarter, compared to analyst estimates of $841.58 million. During the same period in the prior year, the company posted $0.99 earnings per share. The business’s revenue for the quarter was down 23.1% compared to the same quarter last year. On average, sell-side analysts predict that The Greenbrier Companies, Inc. will post 4.13 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 14th. Stockholders of record on Tuesday, April 23rd will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Monday, April 22nd. Greenbrier Companies’s payout ratio is 35.29%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GBX. Stephens raised their price target on Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Susquehanna lifted their price target on Greenbrier Companies from $56.00 to $63.00 and gave the stock a “positive” rating in a research report on Tuesday, April 9th. TD Cowen upped their price target on Greenbrier Companies from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, April 8th. Finally, TheStreet raised shares of Greenbrier Companies from a “c+” rating to a “b” rating in a report on Friday, January 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Greenbrier Companies has an average rating of “Hold” and a consensus price target of $54.00.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of GBX. Cullen Investment Group LTD. bought a new position in shares of Greenbrier Companies in the fourth quarter worth about $861,000. Caxton Associates LP acquired a new stake in shares of Greenbrier Companies in the third quarter valued at approximately $718,000. Louisiana State Employees Retirement System acquired a new position in Greenbrier Companies during the 4th quarter worth $689,000. UBS Group AG boosted its position in Greenbrier Companies by 248.7% in the 3rd quarter. UBS Group AG now owns 96,793 shares of the transportation company’s stock valued at $3,872,000 after buying an additional 69,036 shares during the last quarter. Finally, Illinois Municipal Retirement Fund acquired a new stake in shares of Greenbrier Companies in the 3rd quarter valued at $769,000. Institutional investors 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.