The Greenbrier Companies, Inc. (NYSE:GBX) SVP Sells $86,056.00 in Stock

The Greenbrier Companies, Inc. (NYSE:GBX) SVP Ricardo Galvan sold 1,388 shares of the company’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $62.00, for a total value of $86,056.00. Following the sale, the senior vice president now directly owns 32,388 shares of the company’s stock, valued at approximately $2,008,056. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Thursday, October 24th, Ricardo Galvan sold 1,976 shares of Greenbrier Companies stock. The stock was sold at an average price of $58.00, for a total value of $114,608.00.

Greenbrier Companies Price Performance

NYSE GBX opened at $60.68 on Thursday. 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 firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 0.63 and a beta of 1.53. The company has a 50 day simple moving average of $50.46 and a 200-day simple moving average of $50.08. The Greenbrier Companies, Inc. has a 52-week low of $33.61 and a 52-week high of $63.45.

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

Greenbrier Companies Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have commented on GBX. StockNews.com cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Friday, August 23rd. Bank of America upped their price target on shares of Greenbrier Companies from $42.00 to $50.00 and gave the company an “underperform” rating in a research report on Thursday, October 24th. Finally, Susquehanna lifted their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research report on Monday, October 21st. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $60.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of GBX. Hexagon Capital Partners LLC purchased a new stake in shares of Greenbrier Companies during the 1st quarter worth about $26,000. Canada Pension Plan Investment Board acquired a new position in Greenbrier Companies in the second quarter worth approximately $25,000. GAMMA Investing LLC raised its position in Greenbrier Companies by 60.9% during 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 in the last quarter. NBC Securities Inc. acquired a new stake in Greenbrier Companies in the third quarter valued at approximately $55,000. Finally, Meeder Asset Management Inc. bought a new stake in Greenbrier Companies in the second quarter worth approximately $67,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

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.