Greenbrier Companies, Inc. (The) (NYSE:GBX) EVP Alejandro Centurion sold 5,500 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $52.21, for a total value of $287,155.00. Following the sale, the executive vice president now owns 19,593 shares of the company’s stock, valued at approximately $1,022,950.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last released its earnings results on Friday, October 27th. The transportation company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.23. The firm had revenue of $611.40 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.06 earnings per share.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.23 per share. This is a boost from Greenbrier Companies, Inc. (The)’s previous quarterly dividend of $0.22. The ex-dividend date is Tuesday, November 14th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.76%. Greenbrier Companies, Inc. (The)’s dividend payout ratio is currently 24.04%.

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GBX has been the subject of several recent research reports. Stifel Nicolaus upgraded Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and upped their price target for the stock from $48.00 to $51.00 in a report on Monday, July 17th. BidaskClub upgraded Greenbrier Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 8th. Cowen and Company reiterated an “outperform” rating and set a $58.00 price target (up previously from $57.00) on shares of Greenbrier Companies, Inc. (The) in a report on Thursday, October 5th. Zacks Investment Research upgraded Greenbrier Companies, Inc. (The) from a “hold” rating to a “strong-buy” rating and set a $58.00 price target for the company in a report on Friday, October 6th. Finally, Buckingham Research upped their price target 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. Three equities research 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 currently has a consensus rating of “Buy” and an average target price of $53.57.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Piedmont Investment Advisors LLC bought a new position in shares of Greenbrier Companies, Inc. (The) during the second quarter valued at approximately $284,000. Verition Fund Management LLC bought a new position in shares of Greenbrier Companies, Inc. (The) during the second quarter valued at approximately $319,000. LSV Asset Management grew its stake in shares of Greenbrier Companies, Inc. (The) by 261.9% during the second quarter. LSV Asset Management now owns 289,900 shares of the transportation company’s stock valued at $13,407,000 after buying an additional 209,800 shares during the last quarter. Alps Advisors Inc. grew its stake in shares of Greenbrier Companies, Inc. (The) by 2.8% during the second quarter. Alps Advisors Inc. now owns 13,858 shares of the transportation company’s stock valued at $641,000 after buying an additional 377 shares during the last quarter. Finally, Dalton Greiner Hartman Maher & Co. bought a new position in shares of Greenbrier Companies, Inc. (The) during the second quarter valued at approximately $16,001,000.

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)

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