The Greenbrier Companies, Inc. (NYSE:GBX) COO Sells $117,560.00 in Stock

The Greenbrier Companies, Inc. (NYSE:GBX - Get Free Report) COO William J. Krueger sold 2,000 shares of the company's stock in a transaction on Friday, November 1st. The shares were sold at an average price of $58.78, for a total value of $117,560.00. Following the completion of the sale, the chief operating officer now owns 48,714 shares of the company's stock, valued at approximately $2,863,408.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Greenbrier Companies Trading Up 0.4 %

Shares of NYSE GBX traded up $0.23 during mid-day trading on Monday, hitting $59.17. 256,623 shares of the company traded hands, compared to its average volume of 327,324. The Greenbrier Companies, Inc. has a 1 year low of $35.36 and a 1 year high of $63.45. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 0.49 and a beta of 1.50. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 0.91. The business has a 50 day moving average of $50.94 and a two-hundred day moving average of $50.18.

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, topping the consensus estimate of $1.32 by $0.60. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.05 billion. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The business's revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.92 EPS. On average, sell-side analysts anticipate that The Greenbrier Companies, Inc. will post 5.2 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The firm 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 $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.03%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies's dividend payout ratio is currently 24.14%.

Institutional Investors Weigh In On Greenbrier Companies

Several hedge funds have recently bought and sold shares of the business. Canada Pension Plan Investment Board acquired a new position in Greenbrier Companies in the 2nd quarter worth about $25,000. GAMMA Investing LLC increased its position in Greenbrier Companies by 60.9% in the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company's stock worth $28,000 after purchasing an additional 207 shares during the last quarter. NBC Securities Inc. acquired a new position in Greenbrier Companies in the 3rd quarter worth about $55,000. Meeder Asset Management Inc. acquired a new position in Greenbrier Companies in the 2nd quarter worth about $67,000. Finally, Innealta Capital LLC acquired a new position in Greenbrier Companies in the 2nd quarter worth about $82,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on GBX. Susquehanna upped their price objective on Greenbrier Companies from $63.00 to $65.00 and gave the company a "positive" rating in a report on Monday, October 21st. StockNews.com downgraded Greenbrier Companies from a "hold" rating to a "sell" rating in a report on Friday, August 23rd. Finally, Bank of America upped their target price on Greenbrier Companies from $42.00 to $50.00 and gave the company an "underperform" rating in a report on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Greenbrier Companies 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.

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