James R. Huffines Purchases 2,500 Shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) Stock

Greenbrier Companies, Inc. (The) (NYSE:GBX) Director James R. Huffines bought 2,500 shares of Greenbrier Companies stock in a transaction that occurred on Friday, August 8th. The stock was purchased at an average cost of $44.84 per share, with a total value of $112,100.00. Following the completion of the acquisition, the director directly owned 13,909 shares in the company, valued at $623,679.56. This represents a 21.91% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Greenbrier Companies Trading Up 3.9%

Shares of GBX opened at $46.81 on Wednesday. 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 1 year low of $37.77 and a 1 year high of $71.06. The company has a 50 day simple moving average of $47.99 and a two-hundred day simple moving average of $49.94. The firm has a market cap of $1.45 billion, a P/E ratio of 6.63, a price-to-earnings-growth ratio of 1.26 and a beta of 1.69.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data 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. 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 analyst estimates of $785.72 million. During the same period last year, the firm posted $1.06 EPS. The company’s revenue was up 2.7% on a year-over-year basis. On average, equities analysts expect that Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 7th. Shareholders of record on Thursday, July 17th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, July 17th. Greenbrier Companies’s dividend payout ratio (DPR) is 18.13%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Greenbrier Companies from a “strong-buy” rating to a “buy” rating in a report on Saturday. Susquehanna increased their target price on shares of Greenbrier Companies from $52.00 to $57.00 and gave the stock a “positive” rating in a report on Wednesday, July 2nd.

Institutional Investors Weigh In On Greenbrier Companies

A number of institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd purchased a new stake in Greenbrier Companies during the 2nd quarter valued at approximately $571,000. Horizon Kinetics Asset Management LLC boosted its position in shares of Greenbrier Companies by 5.4% during the 2nd quarter. Horizon Kinetics Asset Management LLC now owns 14,700 shares of the transportation company’s stock valued at $677,000 after acquiring an additional 750 shares during the last quarter. Summit Global Investments bought a new position in shares of Greenbrier Companies during the 2nd quarter valued at approximately $489,000. Rhumbline Advisers boosted its position in shares of Greenbrier Companies by 1.3% during the 2nd quarter. Rhumbline Advisers now owns 91,234 shares of the transportation company’s stock valued at $4,201,000 after acquiring an additional 1,129 shares during the last quarter. Finally, Evelyn Partners Asset Management Ltd bought a new position in shares of Greenbrier Companies during the 2nd quarter valued at approximately $47,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

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.