Insider Selling: Greenbrier Companies, Inc. (The) (GBX) CEO Sells $5,519,055.32 in Stock

Greenbrier Companies, Inc. (The) (NYSE:GBX) CEO William A. Furman sold 117,652 shares of Greenbrier Companies, Inc. (The) stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $46.91, for a total value of $5,519,055.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Greenbrier Companies, Inc. (NYSE:GBX) opened at $47.00 on Monday. Greenbrier Companies, Inc. has a twelve month low of $35.45 and a twelve month high of $52.75. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.10 and a quick ratio of 2.15. The firm has a market capitalization of $1,348.93, a P/E ratio of 12.47, a PEG ratio of 1.25 and a beta of 1.99.

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

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be paid a dividend of $0.23 per share. This is an increase from Greenbrier Companies, Inc. (The)’s previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date is Tuesday, November 14th. Greenbrier Companies, Inc. (The)’s dividend payout ratio is presently 25.14%.

COPYRIGHT VIOLATION WARNING: “Insider Selling: Greenbrier Companies, Inc. (The) (GBX) CEO Sells $5,519,055.32 in Stock” was reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece on another website, it was stolen and reposted in violation of U.S. and international copyright and trademark legislation. The original version of this piece can be viewed at https://sportsperspectives.com/2017/11/20/insider-selling-greenbrier-companies-inc-the-gbx-ceo-sells-5519055-32-in-stock.html.

Institutional investors and hedge funds have recently modified their holdings of the stock. Riverhead Capital Management LLC grew its stake in Greenbrier Companies, Inc. (The) by 69.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock worth $102,000 after buying an additional 898 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Greenbrier Companies, Inc. (The) by 872.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock worth $130,000 after acquiring an additional 2,529 shares during the period. US Bancorp DE boosted its position in Greenbrier Companies, Inc. (The) by 18.5% during the 2nd quarter. US Bancorp DE now owns 5,125 shares of the transportation company’s stock worth $237,000 after acquiring an additional 800 shares during the period. State of Alaska Department of Revenue boosted its position in Greenbrier Companies, Inc. (The) by 79.2% during the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the transportation company’s stock worth $259,000 after acquiring an additional 2,478 shares during the period. Finally, Macquarie Group Ltd. acquired a new position in Greenbrier Companies, Inc. (The) during the 3rd quarter worth $265,000.

Several equities research analysts have issued reports on the company. KeyCorp restated a “buy” rating and set a $60.00 price objective on shares of Greenbrier Companies, Inc. (The) in a report on Tuesday, October 24th. Zacks Investment Research upgraded Greenbrier Companies, Inc. (The) from a “hold” rating to a “strong-buy” rating and set a $58.00 price objective on the stock in a report on Friday, October 6th. Buckingham Research lifted their price objective on Greenbrier Companies, Inc. (The) from $45.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, October 5th. Cowen and Company restated an “outperform” rating and set a $58.00 price objective (up from $57.00) on shares of Greenbrier Companies, Inc. (The) in a report on Thursday, October 5th. Finally, Stifel Nicolaus restated a “buy” rating and set a $60.00 price objective (up from $51.00) on shares of Greenbrier Companies, Inc. (The) in a report on Thursday, October 5th. Three analysts have rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $53.57.

About Greenbrier Companies, Inc. (The)

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)

Receive News & Ratings for Greenbrier Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenbrier Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply