The Greenbrier Companies, Inc. (NYSE:GBX) SVP Ricardo Galvan Sells 4,950 Shares

The Greenbrier Companies, Inc. (NYSE:GBX) SVP Ricardo Galvan sold 4,950 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total value of $321,750.00. Following the completion of the transaction, the senior vice president now owns 27,472 shares of the company’s stock, valued at $1,785,680. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Monday, October 28th, Ricardo Galvan sold 1,388 shares of Greenbrier Companies stock. The shares were sold at an average price of $62.00, for a total value of $86,056.00.
• 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 Stock Up 0.1 %

Shares of GBX opened at $64.71 on Friday. The company’s 50-day simple moving average is $52.48 and its 200-day simple moving average is $50.61. 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 Greenbrier Companies, Inc. has a 1 year low of $35.40 and a 1 year high of $66.50. The stock has a market capitalization of $2.03 billion, a PE ratio of 13.02, a P/E/G ratio of 0.54 and a beta of 1.51.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.60. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the prior year, the firm earned $0.92 EPS. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. Analysts forecast that The Greenbrier Companies, Inc. will post 5.2 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. Stockholders of record on Wednesday, November 6th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies’s payout ratio is currently 24.14%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Intech Investment Management LLC raised its position in Greenbrier Companies by 51.7% in the 3rd quarter. Intech Investment Management LLC now owns 14,819 shares of the transportation company’s stock valued at $754,000 after purchasing an additional 5,050 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of Greenbrier Companies by 2.0% during the third quarter. Moors & Cabot Inc. now owns 24,950 shares of the transportation company’s stock worth $1,270,000 after buying an additional 500 shares during the period. Segall Bryant & Hamill LLC raised its holdings in Greenbrier Companies by 1.5% in the third quarter. Segall Bryant & Hamill LLC now owns 104,368 shares of the transportation company’s stock valued at $5,311,000 after acquiring an additional 1,498 shares in the last quarter. Chesapeake Capital Corp IL grew its holdings in Greenbrier Companies by 27.9% during the 3rd quarter. Chesapeake Capital Corp IL now owns 5,454 shares of the transportation company’s stock worth $273,000 after acquiring an additional 1,190 shares in the last quarter. Finally, Gladius Capital Management LP purchased a new stake in shares of Greenbrier Companies in the 3rd quarter valued at approximately $32,000. 95.59% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on GBX. Susquehanna upped their target price on shares of 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 upped their price objective on shares of Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a report on Thursday, October 24th. Finally, StockNews.com lowered 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 company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average 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.