Insider Selling: Greenbrier Companies Inc (GBX) EVP Sells 5,000 Shares of Stock

Greenbrier Companies Inc (NYSE:GBX) EVP Alejandro Centurion sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $52.00, for a total transaction of $260,000.00. Following the transaction, the executive vice president now directly owns 13,523 shares of the company’s stock, valued at approximately $703,196. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Alejandro Centurion also recently made the following trade(s):

  • On Wednesday, November 1st, Alejandro Centurion sold 5,500 shares of Greenbrier Companies stock. The shares were sold at an average price of $52.21, for a total transaction of $287,155.00.

Greenbrier Companies Inc (NYSE GBX) traded down $0.40 during trading hours on Thursday, hitting $51.60. 258,412 shares of the stock were exchanged, compared to its average volume of 378,376. Greenbrier Companies Inc has a 1 year low of $40.45 and a 1 year high of $54.45. The company has a current ratio of 2.96, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $1,480.00, a PE ratio of 13.98, a price-to-earnings-growth ratio of 1.33 and a beta of 1.95.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Friday, January 5th. The transportation company reported $0.90 EPS for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.02. Greenbrier Companies had a net margin of 5.39% and a return on equity of 10.71%. The firm had revenue of $559.50 million for the quarter, compared to analysts’ expectations of $591.05 million. During the same quarter in the prior year, the company posted $0.79 earnings per share. The business’s revenue for the quarter was up 1.3% on a year-over-year basis. sell-side analysts forecast that Greenbrier Companies Inc will post 4.07 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Friday, January 26th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, January 25th. Greenbrier Companies’s payout ratio is 24.93%.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Greenbrier Companies by 2.4% during the second quarter. Vanguard Group Inc. now owns 5,322,591 shares of the transportation company’s stock valued at $246,170,000 after buying an additional 122,476 shares during the last quarter. Northern Trust Corp boosted its holdings in Greenbrier Companies by 6.6% in the second quarter. Northern Trust Corp now owns 790,902 shares of the transportation company’s stock worth $36,579,000 after purchasing an additional 48,894 shares during the last quarter. State Street Corp boosted its holdings in Greenbrier Companies by 3.0% in the second quarter. State Street Corp now owns 746,041 shares of the transportation company’s stock worth $34,504,000 after purchasing an additional 21,758 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Greenbrier Companies by 1.0% in the third quarter. Victory Capital Management Inc. now owns 728,047 shares of the transportation company’s stock worth $35,056,000 after purchasing an additional 7,178 shares during the last quarter. Finally, Dalton Greiner Hartman Maher & Co. boosted its holdings in Greenbrier Companies by 40.8% in the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 541,113 shares of the transportation company’s stock worth $28,841,000 after purchasing an additional 156,742 shares during the last quarter.

A number of equities analysts have weighed in on GBX shares. KeyCorp reaffirmed a “buy” rating and set a $60.00 target price on shares of Greenbrier Companies in a research note on Tuesday, October 24th. Zacks Investment Research raised shares of Greenbrier Companies from a “hold” rating to a “strong-buy” rating and set a $58.00 target price for the company in a research note on Friday, October 6th. Stifel Nicolaus reiterated a “buy” rating and set a $60.00 price target (up previously from $51.00) on shares of Greenbrier Companies in a report on Thursday, October 5th. ValuEngine upgraded shares of Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Finally, Cowen reiterated an “outperform” rating and set a $58.00 price target (up previously from $57.00) on shares of Greenbrier Companies in a report on Thursday, October 5th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and two have issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $59.00.

ILLEGAL ACTIVITY WARNING: This article was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another domain, it was stolen and reposted in violation of United States & international copyright and trademark law. The original version of this article can be read at https://www.americanbankingnews.com/2018/01/18/insider-selling-greenbrier-companies-inc-gbx-evp-sells-5000-shares-of-stock.html.

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.

Insider Buying and Selling by Quarter for Greenbrier Companies (NYSE:GBX)

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

Latest News

Leave a Reply