Martin Raymond Baker Sells 4,480 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBX) SVP Martin Raymond Baker sold 4,480 shares of the company’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $52.40, for a total value of $234,752.00. Following the completion of the transaction, the senior vice president now directly owns 49,000 shares of the company’s stock, valued at approximately $2,567,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Greenbrier Companies Price Performance

Greenbrier Companies stock opened at $51.23 on Friday. The Greenbrier Companies, Inc. has a 52-week low of $25.41 and a 52-week high of $58.00. The company has a quick ratio of 0.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.98. The firm’s fifty day moving average is $50.53 and its 200 day moving average is $44.47. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 15.07, a PEG ratio of 1.77 and a beta of 1.66.

Greenbrier Companies (NYSE:GBX) last posted 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 firm 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 firm posted $0.99 EPS. The business’s quarterly revenue was down 23.1% on a year-over-year basis. Sell-side analysts forecast that The Greenbrier Companies, Inc. will post 4.13 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 14th. Stockholders of record on Tuesday, April 23rd will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.34%. The ex-dividend date of this dividend is Monday, April 22nd. Greenbrier Companies’s payout ratio is 35.29%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Greenbrier Companies

Large investors have recently modified their holdings of the stock. SummerHaven Investment Management LLC boosted its stake in Greenbrier Companies by 1.6% during the fourth quarter. SummerHaven Investment Management LLC now owns 16,596 shares of the transportation company’s stock worth $733,000 after buying an additional 254 shares during the period. Sheets Smith Wealth Management grew its holdings in Greenbrier Companies by 3.0% during the 3rd quarter. Sheets Smith Wealth Management now owns 10,886 shares of the transportation company’s stock valued at $435,000 after purchasing an additional 313 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in Greenbrier Companies by 6.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 6,127 shares of the transportation company’s stock worth $149,000 after purchasing an additional 350 shares during the period. Cullen Investment Group LTD. lifted its stake in Greenbrier Companies by 1.8% in the first quarter. Cullen Investment Group LTD. now owns 19,840 shares of the transportation company’s stock worth $1,020,000 after purchasing an additional 359 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Greenbrier Companies by 3.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,363 shares of the transportation company’s stock valued at $415,000 after buying an additional 468 shares during the period. Institutional investors own 95.59% of the company’s stock.

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.