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 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 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 shares were sold at an average price of $58.00, for a total value of $114,608.00.

Greenbrier Companies Stock Performance

Shares of NYSE GBX traded up $0.03 during midday trading on Friday, hitting $64.67. 211,633 shares of the stock traded hands, compared to its average volume of 328,093. The firm has a market capitalization of $2.03 billion, a P/E ratio of 12.97, a PEG ratio of 0.49 and a beta of 1.51. The Greenbrier Companies, Inc. has a one year low of $35.40 and a one year high of $66.50. 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 firm has a 50-day moving average of $52.15 and a two-hundred day moving average of $50.51.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.60. The company had revenue of $1.05 billion for 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%. Greenbrier Companies’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 earnings per share. On average, equities analysts forecast that The Greenbrier Companies, Inc. will post 5.2 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies’s payout ratio is 24.14%.

Hedge Funds Weigh In On Greenbrier Companies

A number of institutional investors have recently bought and sold shares of the stock. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in Greenbrier Companies by 1.2% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company’s stock valued at $80,111,000 after purchasing an additional 18,552 shares during the period. Victory Capital Management Inc. lifted its position in shares of Greenbrier Companies by 6.7% during the 3rd quarter. Victory Capital Management Inc. now owns 513,938 shares of the transportation company’s stock valued at $26,154,000 after buying an additional 32,191 shares in the last quarter. Encompass Capital Advisors LLC bought a new position in shares of Greenbrier Companies during the 2nd quarter valued at approximately $19,820,000. LSV Asset Management increased its holdings in Greenbrier Companies by 12.9% in the 2nd quarter. LSV Asset Management now owns 246,233 shares of the transportation company’s stock worth $12,201,000 after acquiring an additional 28,100 shares in the last quarter. Finally, Hennessy Advisors Inc. bought a new stake in Greenbrier Companies during the 2nd quarter worth approximately $8,126,000. 95.59% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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