Insider Selling: The Greenbrier Companies, Inc. (NYSE:GBX) SVP Sells 1,388 Shares of Stock

The Greenbrier Companies, Inc. (NYSE:GBX - Get Free Report) SVP Ricardo Galvan sold 1,388 shares of the firm'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 $2,008,056. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 Trading Up 1.7 %

Greenbrier Companies stock traded up $1.03 during trading hours on Monday, reaching $62.18. 783,947 shares of the company's stock traded hands, compared to its average volume of 326,845. The Greenbrier Companies, Inc. has a fifty-two week low of $32.86 and a fifty-two week high of $63.45. The firm's 50 day moving average is $49.58 and its 200-day moving average is $49.88. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 0.63 and a beta of 1.53.

Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.60. The firm had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.05 billion. Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The business's revenue for the quarter was up 1.4% on a year-over-year basis. During the same period last year, the firm earned $0.92 earnings per share. On average, analysts predict that The Greenbrier Companies, Inc. will post 4.35 earnings per share for the current 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 issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $1.20 dividend on an annualized basis and a yield of 1.93%. Greenbrier Companies's dividend payout ratio is presently 31.41%.

Wall Street Analyst Weigh In

GBX has been the subject of a number of research analyst reports. Susquehanna upped their price target 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. StockNews.com lowered shares of Greenbrier Companies from a "hold" rating to a "sell" rating in a research report on Friday, August 23rd. Finally, Bank of America raised their price target on shares of Greenbrier Companies from $42.00 to $50.00 and gave the company an "underperform" rating in a report on Thursday. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $60.00.

Hedge Funds Weigh In On Greenbrier Companies

Several hedge funds have recently added to or reduced their stakes in GBX. Hexagon Capital Partners LLC acquired a new position 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 during the second quarter valued at approximately $25,000. GAMMA Investing LLC grew its holdings 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 purchasing an additional 207 shares during the period. NBC Securities Inc. bought a new stake in Greenbrier Companies in the third quarter valued at approximately $55,000. Finally, Meeder Asset Management Inc. acquired a new stake in Greenbrier Companies in the second quarter worth $67,000. Institutional investors and hedge funds own 95.59% of the company's stock.

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.

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