Insider Selling: The Greenbrier Companies, Inc. (NYSE:GBX) COO Sells $117,560.00 in Stock

The Greenbrier Companies, Inc. (NYSE:GBX) COO William J. Krueger sold 2,000 shares of the company’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $58.78, for a total value of $117,560.00. Following the sale, the chief operating officer now owns 48,714 shares of the company’s stock, valued at $2,863,408.92. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Greenbrier Companies Stock Up 5.5 %

NYSE GBX opened at $65.23 on Thursday. The stock has a market cap of $2.04 billion, a PE ratio of 13.12, a P/E/G ratio of 0.49 and a beta of 1.51. The business has a 50 day moving average price of $51.82 and a two-hundred day moving average price of $50.42. The Greenbrier Companies, Inc. has a fifty-two week low of $35.36 and a fifty-two 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.

Greenbrier Companies (NYSE:GBX) last released its quarterly 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. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same period last year, the business earned $0.92 EPS. The business’s revenue was up 1.4% on a year-over-year basis. As a group, sell-side analysts predict that The Greenbrier Companies, Inc. will post 5.2 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 6th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.84%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is 24.14%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of GBX. Commonwealth Equity Services LLC raised its position in shares of Greenbrier Companies by 1.5% in the 1st quarter. Commonwealth Equity Services LLC now owns 15,379 shares of the transportation company’s stock valued at $801,000 after purchasing an additional 224 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Greenbrier Companies in the first quarter worth $590,000. Central Pacific Bank Trust Division acquired a new stake in Greenbrier Companies in the first quarter valued at $538,000. Texas Permanent School Fund Corp boosted its stake in Greenbrier Companies by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 27,211 shares of the transportation company’s stock valued at $1,418,000 after acquiring an additional 356 shares during the last quarter. Finally, LSV Asset Management grew its holdings in Greenbrier Companies by 112.4% during the 1st quarter. LSV Asset Management now owns 218,133 shares of the transportation company’s stock worth $11,365,000 after acquiring an additional 115,421 shares in the last quarter. Hedge funds and other institutional investors own 95.59% of the company’s stock.

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.