The Greenbrier Companies, Inc. (NYSE:GBX) SVP Sells $114,608.00 in Stock

The Greenbrier Companies, Inc. (NYSE:GBX) SVP Ricardo Galvan sold 1,976 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $58.00, for a total value of $114,608.00. Following the completion of the transaction, the senior vice president now directly owns 33,776 shares in the company, valued at $1,959,008. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Ricardo Galvan also recently made the following trade(s):

• On Monday, October 28th, Ricardo Galvan sold 1,388 shares of Greenbrier Companies stock. The stock was sold at an average price of $62.00, for a total value of $86,056.00.

Greenbrier Companies Trading Up 1.7 %

Shares of NYSE GBX traded up $1.03 during mid-day trading on Monday, hitting $62.18. The company’s stock had a trading volume of 783,947 shares, compared to its average volume of 326,845. The Greenbrier Companies, Inc. has a one year low of $32.86 and a one year high of $63.45. The company’s fifty day simple moving average is $49.58 and its 200-day simple moving average is $49.88. 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 stock has a market cap of $1.94 billion, a price-to-earnings ratio of 16.23, a price-to-earnings-growth ratio of 0.63 and a beta of 1.53.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.60. Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period in the prior year, the business posted $0.92 earnings per share. Greenbrier Companies’s revenue was up 1.4% compared to the same quarter last year. On average, sell-side analysts anticipate that The Greenbrier Companies, Inc. will post 4.35 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.93%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 31.41%.

Hedge Funds Weigh In On Greenbrier Companies

Hedge funds have recently added to or reduced their stakes in the stock. Encompass Capital Advisors LLC acquired a new position in shares of Greenbrier Companies during the 2nd quarter worth about $19,820,000. Hennessy Advisors Inc. bought a new stake in Greenbrier Companies in the second quarter valued at approximately $8,126,000. LSV Asset Management increased its stake in Greenbrier Companies by 112.4% in the first quarter. LSV Asset Management now owns 218,133 shares of the transportation company’s stock valued at $11,365,000 after purchasing an additional 115,421 shares in the last quarter. Galibier Capital Management Ltd. acquired a new stake in Greenbrier Companies in the second quarter worth $5,175,000. Finally, SG Capital Management LLC bought a new position in shares of Greenbrier Companies during the first quarter worth $4,594,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Analyst Ratings Changes

GBX has been the topic of several research reports. Bank of America upped their price target on shares of Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a research report on Thursday. Susquehanna increased their price target on shares of Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research note on Monday, October 21st. Finally, StockNews.com cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. Two analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $60.00.

Greenbrier Companies Company 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.