Insider Selling: Greenbrier Companies, Inc. (The) (GBX) CEO Sells 36,648 Shares of Stock

Greenbrier Companies, Inc. (The) (NYSE:GBX) CEO William A. Furman sold 36,648 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $49.55, for a total transaction of $1,815,908.40. The sale was disclosed in a document filed with the SEC, which is available through this link.

Shares of Greenbrier Companies, Inc. (NYSE GBX) traded down $0.85 during trading hours on Monday, reaching $47.45. 186,306 shares of the company traded hands, compared to its average volume of 501,275. The company has a market cap of $1,350.00, a P/E ratio of 12.81, a PEG ratio of 1.28 and a beta of 1.99. Greenbrier Companies, Inc. has a 12-month low of $34.15 and a 12-month high of $52.75. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.15 and a current ratio of 3.10.

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

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be given a $0.23 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This is an increase from Greenbrier Companies, Inc. (The)’s previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a yield of 1.94%. Greenbrier Companies, Inc. (The)’s dividend payout ratio (DPR) is currently 24.04%.

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A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Greenbrier Companies, Inc. (The) by 2.4% in the 2nd quarter. Vanguard Group Inc. now owns 5,322,591 shares of the transportation company’s stock valued at $246,170,000 after purchasing an additional 122,476 shares during the last quarter. Schroder Investment Management Group raised its position in shares of Greenbrier Companies, Inc. (The) by 35.5% during the 2nd quarter. Schroder Investment Management Group now owns 1,065,422 shares of the transportation company’s stock worth $51,407,000 after buying an additional 279,137 shares in the last quarter. Northern Trust Corp raised its position in shares of Greenbrier Companies, Inc. (The) by 6.6% during the 2nd quarter. Northern Trust Corp now owns 790,902 shares of the transportation company’s stock worth $36,579,000 after buying an additional 48,894 shares in the last quarter. State Street Corp raised its position in shares of Greenbrier Companies, Inc. (The) by 3.0% during the 2nd quarter. State Street Corp now owns 746,041 shares of the transportation company’s stock worth $34,504,000 after buying an additional 21,758 shares in the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Greenbrier Companies, Inc. (The) by 1.0% during the 3rd quarter. Victory Capital Management Inc. now owns 728,047 shares of the transportation company’s stock worth $35,056,000 after buying an additional 7,178 shares in the last quarter.

GBX has been the subject of several research reports. ValuEngine raised shares of Greenbrier Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $48.00 price target for the company in a report on Tuesday, August 29th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $60.00 price target (up from $51.00) on shares of Greenbrier Companies, Inc. (The) in a report on Thursday, October 5th. KeyCorp reaffirmed a “buy” rating and issued a $60.00 price target on shares of Greenbrier Companies, Inc. (The) in a report on Tuesday, October 24th. Finally, Cowen and Company reaffirmed a “buy” rating and issued a $57.00 price target on shares of Greenbrier Companies, Inc. (The) in a report on Monday, August 28th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $53.57.

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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