Greenbrier Companies, Inc. (The) (NYSE:GBX) SVP Walter T. Hannan sold 22,553 shares of Greenbrier Companies, Inc. (The) stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $50.29, for a total value of $1,134,190.37. Following the sale, the senior vice president now owns 9,098 shares of the company’s stock, valued at $457,538.42. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Greenbrier Companies, Inc. (NYSE:GBX) opened at $48.30 on Friday. Greenbrier Companies, Inc. has a 1-year low of $34.15 and a 1-year high of $52.75. The company has a quick ratio of 2.15, a current ratio of 3.10 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $1,381.69, a P/E ratio of 12.86, a P/E/G ratio of 1.29 and a beta of 1.99.

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

The firm also recently declared 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 an increase from Greenbrier Companies, Inc. (The)’s previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend is Tuesday, November 14th. Greenbrier Companies, Inc. (The)’s payout ratio is currently 24.04%.

TRADEMARK VIOLATION NOTICE: “Walter T. Hannan Sells 22,553 Shares of Greenbrier Companies, Inc. (The) (GBX) Stock” was reported by Watch List News and is the sole property of of Watch List News. If you are reading this article on another site, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this article can be accessed at https://www.watchlistnews.com/walter-t-hannan-sells-22553-shares-of-greenbrier-companies-inc-the-gbx-stock/1695062.html.

Several brokerages have recently issued reports on GBX. KeyCorp reiterated a “buy” rating and set a $60.00 price target 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 target price for the company in a report on Friday, October 6th. Buckingham Research boosted their target price 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 issued a $58.00 target price (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 issued a $60.00 target price (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 assigned a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company’s stock. Greenbrier Companies, Inc. (The) has a consensus rating of “Buy” and a consensus target price of $53.57.

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

Greenbrier Companies, Inc. (The) 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.

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 Analyst Ratings Network's FREE daily email newsletter.