Greenbrier Companies (NYSE:GBX) PT Raised to $65.00 at Susquehanna

Greenbrier Companies (NYSE:GBX) had its price target upped by investment analysts at Susquehanna from $63.00 to $65.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has a “positive” rating on the transportation company’s stock. Susquehanna’s price objective would indicate a potential upside of 24.47% from the stock’s previous close.

Separately, StockNews.com cut Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Friday, August 23rd. One analyst has rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $63.33.

Greenbrier Companies Stock Up 1.0 %

GBX stock opened at $52.22 on Monday. Greenbrier Companies has a 52 week low of $32.00 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 has a 50-day simple moving average of $48.88 and a 200-day simple moving average of $49.80. The stock has a market capitalization of $1.63 billion, a P/E ratio of 13.67, a P/E/G ratio of 0.60 and a beta of 1.53.

Insider Buying and Selling

In other Greenbrier Companies news, SVP Laurie R. Dornan sold 5,935 shares of the stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $50.92, for a total value of $302,210.20. Following the completion of the sale, the senior vice president now owns 23,226 shares in the company, valued at approximately $1,182,667.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.54% of the stock is currently owned by company insiders.

Institutional Trading of Greenbrier Companies

Large investors have recently added to or reduced their stakes in the stock. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in Greenbrier Companies by 1.2% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company’s stock valued at $80,111,000 after purchasing an additional 18,552 shares during the last quarter. Encompass Capital Advisors LLC purchased a new position in Greenbrier Companies in the second quarter worth approximately $19,820,000. LSV Asset Management increased its stake in Greenbrier Companies by 12.9% during the second quarter. LSV Asset Management now owns 246,233 shares of the transportation company’s stock worth $12,201,000 after acquiring an additional 28,100 shares during the last quarter. Hennessy Advisors Inc. acquired a new stake in shares of Greenbrier Companies during the 2nd quarter worth about $8,126,000. Finally, Millennium Management LLC lifted its position in Greenbrier Companies by 77.4% in the second quarter. Millennium Management LLC now owns 144,221 shares of the transportation company’s stock valued at $7,146,000 after buying an additional 62,911 shares during the last quarter. 95.59% of the stock is currently 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.