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

The Greenbrier Companies, Inc. (NYSE:GBX - Get Free Report) SVP Ricardo Galvan sold 4,950 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total transaction of $321,750.00. Following the completion of the transaction, the senior vice president now directly owns 27,472 shares of the company's stock, valued at approximately $1,785,680. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through 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.
• On Thursday, October 24th, Ricardo Galvan sold 1,976 shares of Greenbrier Companies stock. The shares were sold at an average price of $58.00, for a total value of $114,608.00.

Greenbrier Companies Stock Up 0.0 %

Shares of NYSE GBX traded up $0.03 during midday trading on Friday, hitting $64.67. The stock had a trading volume of 211,652 shares, compared to its average volume of 398,342. The business's 50 day moving average is $52.48 and its 200-day moving average is $50.61. The Greenbrier Companies, Inc. has a 52 week low of $35.40 and a 52 week high of $66.50. 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 company has a market cap of $2.03 billion, a P/E ratio of 13.01, a PEG ratio of 0.54 and a beta of 1.51.

Greenbrier Companies (NYSE:GBX - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.60. The business had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.05 billion. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The firm's quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.92 EPS. As a group, analysts predict that The Greenbrier Companies, Inc. will post 5.2 EPS for the current year.

Greenbrier Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.86%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies's dividend payout ratio is currently 24.14%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on GBX. StockNews.com lowered shares of Greenbrier Companies from a "hold" rating to a "sell" rating in a research note on Friday, August 23rd. Susquehanna lifted their target price on shares of Greenbrier Companies from $63.00 to $65.00 and gave the company a "positive" rating in a report on Monday, October 21st. Finally, Bank of America boosted their price target on Greenbrier Companies from $42.00 to $50.00 and gave the stock an "underperform" rating in a research report on Thursday, October 24th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Greenbrier Companies currently has a consensus rating of "Hold" and a consensus target price of $60.00.

Institutional Trading of Greenbrier Companies

A number of large investors have recently made changes to their positions in the stock. Canada Pension Plan Investment Board bought a new stake in shares of Greenbrier Companies in the second quarter worth $25,000. GAMMA Investing LLC grew its stake in shares of Greenbrier Companies by 60.9% during the 3rd 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. Gladius Capital Management LP purchased a new stake in shares of Greenbrier Companies during the 3rd quarter valued at about $32,000. NBC Securities Inc. bought a new position in shares of Greenbrier Companies in the 3rd quarter worth approximately $55,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Greenbrier Companies in the 2nd quarter worth approximately $67,000. 95.59% of the stock is currently owned by institutional investors.

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.