Insider Selling: Greenbrier Companies, Inc. (The) (NYSE:GBX) EVP Sells 5,500 Shares of Stock

Greenbrier Companies, Inc. (The) (NYSE:GBX) EVP Alejandro Centurion sold 5,500 shares of the business’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $52.21, for a total value of $287,155.00. Following the sale, the executive vice president now directly owns 19,593 shares in the company, valued at $1,022,950.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Greenbrier Companies, Inc. (NYSE GBX) opened at $46.85 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.10 and a quick ratio of 2.15. Greenbrier Companies, Inc. has a 52-week low of $35.25 and a 52-week high of $52.75. The firm has a market capitalization of $1,376.70, a PE ratio of 12.81, a price-to-earnings-growth ratio of 1.28 and a beta of 1.99.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last issued its earnings results on Friday, October 27th. The transportation company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.23. Greenbrier Companies, Inc. (The) had a return on equity of 10.75% and a net margin of 5.35%. The company had revenue of $611.40 million for the quarter, compared to analyst estimates of $647.98 million. During the same period in the prior year, the firm posted $1.06 EPS. The business’s revenue was up 2.7% compared to the same quarter last year. sell-side analysts anticipate that Greenbrier Companies, Inc. will post 3.97 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Wednesday, November 15th will be given a $0.23 dividend. This is a positive change from Greenbrier Companies, Inc. (The)’s previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a yield of 1.96%. The ex-dividend date is Tuesday, November 14th. Greenbrier Companies, Inc. (The)’s dividend payout ratio is presently 24.04%.

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Several research firms recently weighed in on GBX. KeyCorp reissued a “buy” rating and set a $60.00 price target on shares of Greenbrier Companies, Inc. (The) in a research report on Tuesday, October 24th. Zacks Investment Research raised Greenbrier Companies, Inc. (The) from a “hold” rating to a “strong-buy” rating and set a $58.00 price target on the stock in a research report on Friday, October 6th. Cowen and Company reissued an “outperform” rating and set a $58.00 price target (up from $57.00) on shares of Greenbrier Companies, Inc. (The) in a research report on Thursday, October 5th. Buckingham Research upped their price target on Greenbrier Companies, Inc. (The) from $45.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, October 5th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $60.00 price target (up from $51.00) on shares of Greenbrier Companies, Inc. (The) in a research report on Thursday, October 5th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. Greenbrier Companies, Inc. (The) presently has an average rating of “Buy” and a consensus price target of $53.57.

Several institutional investors and hedge funds have recently added to or reduced their stakes in GBX. Riverhead Capital Management LLC boosted its stake in shares of Greenbrier Companies, Inc. (The) by 69.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock worth $102,000 after acquiring an additional 898 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Greenbrier Companies, Inc. (The) by 872.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock worth $130,000 after acquiring an additional 2,529 shares in the last quarter. Stifel Financial Corp bought a new stake in shares of Greenbrier Companies, Inc. (The) during the 1st quarter worth about $202,000. US Bancorp DE boosted its stake in shares of Greenbrier Companies, Inc. (The) by 18.5% during the 2nd quarter. US Bancorp DE now owns 5,125 shares of the transportation company’s stock worth $237,000 after acquiring an additional 800 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of Greenbrier Companies, Inc. (The) by 79.2% during the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the transportation company’s stock worth $259,000 after acquiring an additional 2,478 shares in the last quarter.

Greenbrier Companies, Inc. (The) Company Profile

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

Insider Buying and Selling by Quarter for Greenbrier Companies, Inc. (The) (NYSE:GBX)

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