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 business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $58.78, for a total value of $117,560.00. Following the completion of the sale, the chief operating officer now owns 48,714 shares of the company’s stock, valued at $2,863,408.92. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Greenbrier Companies Stock Performance

Shares of GBX opened at $65.23 on Thursday. 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 Greenbrier Companies, Inc. has a 1 year low of $35.36 and a 1 year high of $66.50. The firm has a fifty day moving average of $51.82 and a 200-day moving average of $50.42. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 13.12, a price-to-earnings-growth ratio of 0.49 and a beta of 1.51.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.32 by $0.60. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. Greenbrier Companies’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 EPS. As a group, equities analysts anticipate that The Greenbrier Companies, Inc. will post 5.2 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. Investors of record on Wednesday, November 6th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio is currently 24.14%.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Canada Pension Plan Investment Board acquired a new position in shares of Greenbrier Companies during the second quarter valued at $25,000. GAMMA Investing LLC grew its position in Greenbrier Companies by 60.9% in the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after buying an additional 207 shares in the last quarter. Gladius Capital Management LP acquired a new position in Greenbrier Companies during the 3rd quarter valued at about $32,000. NBC Securities Inc. bought a new stake in shares of Greenbrier Companies during the 3rd quarter worth about $55,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Greenbrier Companies in the 2nd quarter worth approximately $67,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

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.