Cullen Investment Group LTD. Takes Position in The Greenbrier Companies, Inc. (NYSE:GBX)

Cullen Investment Group LTD. bought a new stake in The Greenbrier Companies, Inc. (NYSE:GBX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 19,481 shares of the transportation company’s stock, valued at approximately $861,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GBX. Gladius Capital Management LP acquired a new stake in Greenbrier Companies in the 3rd quarter valued at approximately $31,000. BluePath Capital Management LLC acquired a new stake in Greenbrier Companies in the 3rd quarter valued at approximately $32,000. Point72 Asset Management L.P. acquired a new stake in Greenbrier Companies in the 2nd quarter valued at approximately $32,000. Samalin Investment Counsel LLC acquired a new stake in shares of Greenbrier Companies during the 1st quarter worth approximately $39,000. Finally, First Horizon Advisors Inc. grew its holdings in shares of Greenbrier Companies by 3,407.9% during the 1st quarter. First Horizon Advisors Inc. now owns 1,333 shares of the transportation company’s stock worth $43,000 after purchasing an additional 1,295 shares in the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on GBX. Susquehanna lifted their price objective on Greenbrier Companies from $56.00 to $63.00 and gave the stock a “positive” rating in a report on Tuesday, April 9th. TD Cowen lifted their price objective on Greenbrier Companies from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, April 8th. TheStreet raised Greenbrier Companies from a “c+” rating to a “b” rating in a report on Friday, January 5th. Finally, Stephens lifted their price objective on Greenbrier Companies from $62.00 to $65.00 and gave the stock an “overweight” rating in a report on Monday, April 8th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Greenbrier Companies has an average rating of “Hold” and a consensus price target of $54.00.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, COO William J. Krueger sold 8,800 shares of Greenbrier Companies 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 transaction, 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 filing with the SEC, which is available at the SEC website. In other Greenbrier Companies news, COO William J. Krueger sold 8,800 shares of Greenbrier Companies 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 transaction, 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 filing with the SEC, which is available at the SEC website. Also, EVP Brian J. Comstock sold 2,500 shares of Greenbrier Companies stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $46.39, for a total value of $115,975.00. Following the completion of the transaction, the executive vice president now owns 80,111 shares of the company’s stock, valued at approximately $3,716,349.29. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,485 shares of company stock worth $776,461. 2.54% of the stock is currently owned by insiders.

Greenbrier Companies Price Performance

Greenbrier Companies stock opened at $51.34 on Tuesday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85. The company has a market capitalization of $1.60 billion, a PE ratio of 15.10, a price-to-earnings-growth ratio of 1.80 and a beta of 1.66. The Greenbrier Companies, Inc. has a one year low of $25.41 and a one year high of $58.00. The business has a 50 day simple moving average of $50.30 and a 200 day simple moving average of $44.30.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.75 by $0.28. The business had revenue of $862.70 million during the quarter, compared to the consensus estimate of $841.58 million. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. Greenbrier Companies’s revenue was down 23.1% on a year-over-year basis. During the same quarter last year, the company earned $0.99 EPS. On average, sell-side analysts forecast that The Greenbrier Companies, Inc. will post 4.13 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

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

Greenbrier Companies 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.