The Greenbrier Companies, Inc. (NYSE:GBX) Shares Sold by Everence Capital Management Inc.

Everence Capital Management Inc. lowered its position in shares of The Greenbrier Companies, Inc. (NYSE:GBX) by 6.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,620 shares of the transportation company’s stock after selling 400 shares during the quarter. Everence Capital Management Inc.’s holdings in Greenbrier Companies were worth $343,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of GBX. Canada Pension Plan Investment Board bought a new stake in shares of Greenbrier Companies in the 2nd quarter valued at approximately $25,000. GAMMA Investing LLC increased its stake in Greenbrier Companies by 60.9% during the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 207 shares during the last quarter. Gladius Capital Management LP acquired a new stake in shares of Greenbrier Companies during the third quarter worth $32,000. NBC Securities Inc. bought a new position in shares of Greenbrier Companies in the 3rd quarter worth about $55,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of Greenbrier Companies in the 2nd quarter valued at about $67,000. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Trading Down 0.1 %

Shares of NYSE:GBX opened at $61.89 on Tuesday. The Greenbrier Companies, Inc. has a fifty-two week low of $41.40 and a fifty-two week high of $69.12. The company has a market cap of $1.94 billion, a PE ratio of 12.45, a P/E/G ratio of 1.96 and a beta of 1.54. The company’s 50-day moving average price is $64.60 and its 200 day moving average price is $54.34. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 0.91.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.60. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.05 billion. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 EPS. Sell-side analysts anticipate that The Greenbrier Companies, Inc. will post 5.2 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th were paid a dividend of $0.30 per share. The ex-dividend date was Wednesday, November 6th. This represents a $1.20 annualized dividend and a yield of 1.94%. Greenbrier Companies’s payout ratio is 24.14%.

Insiders Place Their Bets

In related news, COO William J. Krueger sold 2,389 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $62.94, for a total transaction of $150,363.66. Following the sale, the chief operating officer now owns 50,714 shares of the company’s stock, valued at $3,191,939.16. The trade was a 4.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ricardo Galvan sold 4,950 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total value of $321,750.00. Following the completion of the sale, the senior vice president now owns 27,472 shares of the company’s stock, valued at $1,785,680. This trade represents a 15.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,703 shares of company stock worth $790,338. 1.78% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

GBX has been the topic of several research reports. Susquehanna increased their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research note on Monday, October 21st. Bank of America raised their price target on Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a report on Thursday, October 24th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $60.00.

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.