Martin Raymond Baker Sells 6,777 Shares of Greenbrier Companies Inc (GBX) Stock
Greenbrier Companies Inc (NYSE:GBX) SVP Martin Raymond Baker sold 6,777 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $51.81, for a total transaction of $351,116.37. Following the transaction, the senior vice president now directly owns 11,030 shares in the company, valued at $571,464.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of Greenbrier Companies Inc (NYSE:GBX) opened at $52.10 on Friday. The company has a market cap of $1.49 billion, a PE ratio of 13.89, a price-to-earnings-growth ratio of 1.39 and a beta of 1.99. Greenbrier Companies Inc has a 12-month low of $30.30 and a 12-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 2.19.
Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Friday, October 27th. The transportation company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.63 by $0.23. The business had revenue of $611.40 million for the quarter, compared to analyst estimates of $647.98 million. Greenbrier Companies had a net margin of 5.35% and a return on equity of 10.75%. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.06 earnings per share. equities analysts forecast that Greenbrier Companies Inc will post 3.97 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Wednesday, November 15th will be given a $0.23 dividend. This is a positive change from Greenbrier Companies’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.92 annualized dividend and a yield of 1.77%. Greenbrier Companies’s payout ratio is currently 24.04%.
A number of research firms recently weighed in on GBX. BidaskClub lowered shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Sunday, August 20th. Zacks Investment Research lowered shares of Greenbrier Companies from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. ValuEngine raised shares of Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. KeyCorp reissued a “buy” rating and set a $60.00 price target on shares of Greenbrier Companies in a research report on Tuesday, October 24th. Finally, Buckingham Research raised their price target on shares of Greenbrier Companies from $45.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, October 5th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $53.57.
A number of hedge funds have recently made changes to their positions in GBX. Riverhead Capital Management LLC raised its position in Greenbrier Companies by 69.1% in the second quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock worth $102,000 after acquiring an additional 898 shares during the period. Tower Research Capital LLC TRC raised its position in Greenbrier Companies by 872.1% in the second 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. Stifel Financial Corp bought a new stake in Greenbrier Companies in the first quarter worth about $202,000. US Bancorp DE raised its position in Greenbrier Companies by 18.5% in the second 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. Finally, State of Alaska Department of Revenue raised its position in Greenbrier Companies by 79.2% in the second 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.
Greenbrier Companies 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.
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