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

The Greenbrier Companies, Inc. (NYSE:GBX) SVP Ricardo Galvan sold 1,388 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $62.00, for a total transaction of $86,056.00. Following the completion of the sale, the senior vice president now owns 32,388 shares of the company’s stock, valued at approximately $2,008,056. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Ricardo Galvan also recently made the following trade(s):

• 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 transaction of $114,608.00.

Greenbrier Companies Price Performance

NYSE GBX opened at $62.20 on Tuesday. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 0.63 and a beta of 1.53. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85. The stock’s fifty day moving average price is $49.58 and its 200 day moving average price is $49.88. The Greenbrier Companies, Inc. has a 1 year low of $32.86 and a 1 year high of $63.45.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, topping the consensus estimate 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 net margin of 3.51% and a return on equity of 8.95%. Greenbrier Companies’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 EPS. As a group, equities research analysts forecast that The Greenbrier Companies, Inc. will post 4.35 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The firm also recently announced 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 1.93%. The ex-dividend date of this dividend is Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is presently 31.41%.

Hedge Funds Weigh In On Greenbrier Companies

Hedge funds have recently bought and sold shares of the business. Encompass Capital Advisors LLC acquired a new position in Greenbrier Companies during the second quarter worth $19,820,000. Hennessy Advisors Inc. acquired a new position in shares of Greenbrier Companies during the 2nd quarter worth about $8,126,000. LSV Asset Management lifted its stake in Greenbrier Companies by 112.4% in the 1st quarter. LSV Asset Management now owns 218,133 shares of the transportation company’s stock valued at $11,365,000 after buying an additional 115,421 shares in the last quarter. Galibier Capital Management Ltd. acquired a new stake in Greenbrier Companies in the 2nd quarter worth about $5,175,000. Finally, SG Capital Management LLC purchased a new stake in Greenbrier Companies during the 1st quarter worth approximately $4,594,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. StockNews.com downgraded Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. Bank of America lifted their price objective on shares of Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a research report on Thursday, October 24th. Finally, Susquehanna increased their target price on shares of Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $60.00.

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.