Cullen Investment Group LTD. Purchases 359 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Cullen Investment Group LTD. boosted its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 1.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,840 shares of the transportation company’s stock after purchasing an additional 359 shares during the quarter. Cullen Investment Group LTD. owned approximately 0.06% of Greenbrier Companies worth $1,020,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Gladius Capital Management LP purchased a new stake in shares of Greenbrier Companies in the third quarter worth $31,000. Wetzel Investment Advisors Inc. purchased a new stake in shares of Greenbrier Companies in the fourth quarter worth $57,000. Russell Investments Group Ltd. grew its stake in shares of Greenbrier Companies by 404.0% in the fourth quarter. Russell Investments Group Ltd. now owns 2,253 shares of the transportation company’s stock worth $100,000 after acquiring an additional 1,806 shares during the last quarter. Pathstone Family Office LLC purchased a new stake in shares of Greenbrier Companies during the third quarter valued at $212,000. Finally, Apella Capital LLC purchased a new stake in shares of Greenbrier Companies during the fourth quarter valued at $277,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Greenbrier Companies

In other news, SVP Martin Raymond Baker sold 4,480 shares of Greenbrier Companies stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $52.40, for a total transaction of $234,752.00. Following 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 legal filing with the SEC, which can be accessed through this link. In other Greenbrier Companies news, COO William J. Krueger sold 8,800 shares of the stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of $52.87, for a total value of $465,256.00. Following the completion of the sale, the chief operating officer now owns 36,529 shares in the company, valued at approximately $1,931,288.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Martin Raymond Baker sold 4,480 shares of the business’s stock in a transaction dated Friday, April 12th. The shares were 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 owns 49,000 shares in the company, valued at $2,567,600. The disclosure for this sale can be found here. Insiders have sold 40,176 shares of company stock valued at $2,104,013 over the last quarter. 2.54% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on GBX shares. Susquehanna increased their price objective on Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a research report on Tuesday, April 9th. Stephens increased their price objective on Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Finally, TD Cowen increased their price objective on Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Monday, April 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Greenbrier Companies currently has a consensus rating of “Hold” and a consensus target price of $54.00.

Greenbrier Companies Stock Performance

GBX opened at $51.32 on Thursday. The company’s 50 day moving average is $51.93 and its 200 day moving average is $48.84. The company has a current ratio of 1.73, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 0.71 and a beta of 1.60. The Greenbrier Companies, Inc. has a 12-month low of $31.23 and a 12-month high of $58.00.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.28. The business had revenue of $862.70 million for the quarter, compared to analysts’ expectations of $841.58 million. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The company’s revenue was down 23.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.99 EPS. On average, equities research analysts predict that The Greenbrier Companies, Inc. will post 4.23 EPS for the current year.

Greenbrier Companies Announces Dividend

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

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.