The Greenbrier Companies, Inc. (NYSE:GBX – Get Free Report) SVP Ricardo Galvan sold 1,388 shares of the firm’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $62.00, for a total value of $86,056.00. Following the sale, the senior vice president now directly owns 32,388 shares in the company, valued at approximately $2,008,056. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Ricardo Galvan also recently made the following trade(s):
- On Thursday, October 24th, Ricardo Galvan sold 1,976 shares of Greenbrier Companies stock. The stock was sold at an average price of $58.00, for a total transaction of $114,608.00.
Greenbrier Companies Stock Up 1.7 %
GBX traded up $1.03 during trading hours on Monday, hitting $62.18. 783,947 shares of the company’s stock were exchanged, compared to its average volume of 326,845. The stock 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 Greenbrier Companies, Inc. has a 1-year low of $32.86 and a 1-year high of $63.45. The stock’s 50-day moving average is $49.58 and its two-hundred day moving average is $49.88. The company has a quick ratio of 0.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.98.
Greenbrier Companies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is 31.41%.
Institutional Investors Weigh In On Greenbrier Companies
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Greenbrier Companies by 1.2% in 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 buying an additional 18,552 shares in the last quarter. Encompass Capital Advisors LLC bought a new position in shares of Greenbrier Companies in the 2nd quarter valued at about $19,820,000. LSV Asset Management increased its stake in shares of Greenbrier Companies by 12.9% during the 2nd quarter. LSV Asset Management now owns 246,233 shares of the transportation company’s stock worth $12,201,000 after purchasing an additional 28,100 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in shares of Greenbrier Companies in the 2nd quarter valued at about $8,126,000. Finally, Millennium Management LLC lifted its stake in Greenbrier Companies by 77.4% in the 2nd quarter. Millennium Management LLC now owns 144,221 shares of the transportation company’s stock valued at $7,146,000 after purchasing an additional 62,911 shares during the last quarter. Institutional investors own 95.59% of the company’s stock.
Wall Street Analyst Weigh In
GBX has been the subject of several research reports. Bank of America increased 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. Susquehanna increased their target price on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a report on Monday, October 21st. Finally, StockNews.com lowered Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Friday, August 23rd. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $60.00.
Get Our Latest Analysis on Greenbrier Companies
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.
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