Ricardo Galvan Sells 1,976 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBX) SVP Ricardo Galvan sold 1,976 shares of the company’s stock in a transaction 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 sale, the senior vice president now directly owns 33,776 shares in the company, valued at $1,959,008. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 Price Performance

Shares of NYSE GBX opened at $60.68 on Thursday. The stock’s 50-day simple moving average is $50.46 and its 200-day simple moving average is $50.08. The firm has a market capitalization of $1.90 billion, a PE ratio of 12.21, a price-to-earnings-growth ratio of 0.63 and a beta of 1.53. The Greenbrier Companies, Inc. has a fifty-two week low of $33.61 and a fifty-two week high of $63.45. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.60. Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The company had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter last year, the company earned $0.92 earnings per share. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. As a group, equities research analysts forecast that The Greenbrier Companies, Inc. will post 4.35 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th will be paid a $0.30 dividend. The ex-dividend date is Wednesday, November 6th. This represents a $1.20 annualized dividend and a yield of 1.98%. Greenbrier Companies’s dividend payout ratio is presently 24.14%.

Institutional Trading of Greenbrier Companies

Hedge funds and other institutional investors have recently made changes to their positions in the company. Hexagon Capital Partners LLC acquired a new stake in shares of Greenbrier Companies in the 1st quarter valued at about $26,000. Canada Pension Plan Investment Board purchased a new stake in Greenbrier Companies in the second quarter valued at approximately $25,000. GAMMA Investing LLC boosted its holdings 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 valued at $28,000 after acquiring an additional 207 shares during the period. NBC Securities Inc. purchased a new position in shares of Greenbrier Companies during the third quarter worth approximately $55,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of Greenbrier Companies in the 2nd quarter valued at $67,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Bank of America increased their price target on Greenbrier Companies from $42.00 to $50.00 and gave the company an “underperform” rating in a research report on Thursday, October 24th. StockNews.com downgraded shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 23rd. Finally, Susquehanna boosted their price target on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a report on Monday, October 21st. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Greenbrier Companies presently has a consensus rating of “Hold” and a consensus target price of $60.00.

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.