Cullen Investment Group LTD. Buys 204 Shares of The Greenbrier Companies, Inc. (NYSE:GBX)

Cullen Investment Group LTD. boosted its position in The Greenbrier Companies, Inc. (NYSE:GBX) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,675 shares of the transportation company’s stock after acquiring an additional 204 shares during the period. Cullen Investment Group LTD.’s holdings in Greenbrier Companies were worth $1,200,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of GBX. Canada Pension Plan Investment Board purchased a new position in Greenbrier Companies during the second quarter valued at $25,000. GAMMA Investing LLC raised its stake in shares of Greenbrier Companies by 60.9% in the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock worth $28,000 after purchasing an additional 207 shares during the last quarter. Gladius Capital Management LP bought a new stake in Greenbrier Companies in the 3rd quarter worth about $32,000. NBC Securities Inc. purchased a new position in shares of Greenbrier Companies during the third quarter valued at approximately $55,000. Finally, nVerses Capital LLC purchased a new stake in Greenbrier Companies in the third quarter worth approximately $102,000. 95.59% of the stock is owned by institutional investors.

Greenbrier Companies Price Performance

GBX stock opened at $64.09 on Tuesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.87 and a current ratio of 1.58. The company’s fifty day moving average price is $64.77 and its 200-day moving average price is $54.83. The Greenbrier Companies, Inc. has a one year low of $41.40 and a one year high of $69.12. The company has a market capitalization of $2.01 billion, a PE ratio of 12.90, a price-to-earnings-growth ratio of 1.96 and a beta of 1.54.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Wednesday, January 8th. The transportation company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.56. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The firm had revenue of $875.90 million during the quarter, compared to the consensus estimate of $849.51 million. During the same period in the prior year, the company earned $0.96 EPS. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, equities analysts anticipate that The Greenbrier Companies, Inc. will post 5.2 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, January 29th. This represents a $1.20 dividend on an annualized basis and a yield of 1.87%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 20.94%.

Wall Street Analyst Weigh In

A number of analysts recently commented on GBX shares. Susquehanna upped their price objective on Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research report on Monday, October 21st. Bank of America increased their target price on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a report on Thursday, January 9th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $63.00.

Insider Buying and Selling

In related news, SVP Ricardo Galvan sold 1,388 shares of Greenbrier Companies stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $62.00, for a total value of $86,056.00. Following the completion of the sale, the senior vice president now directly owns 32,388 shares in the company, valued at $2,008,056. The trade was a 4.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO William J. Krueger sold 2,000 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $58.78, for a total transaction of $117,560.00. Following the sale, the chief operating officer now directly owns 48,714 shares of the company’s stock, valued at $2,863,408.92. The trade was a 3.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,703 shares of company stock worth $790,338 over the last three months. 1.78% of the stock is owned by insiders.

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.