The Greenbrier Companies, Inc. (NYSE:GBX – Get Rating) Director William A. Furman sold 20,000 shares of the business’s stock in a transaction on Friday, November 11th. The shares were sold at an average price of $39.20, for a total transaction of $784,000.00. Following the transaction, the director now directly owns 283,018 shares in the company, valued at $11,094,305.60. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Greenbrier Companies Stock Performance
Shares of GBX stock opened at $36.96 on Thursday. The Greenbrier Companies, Inc. has a 12 month low of $23.80 and a 12 month high of $53.46. The stock has a market cap of $1.21 billion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 2.01 and a beta of 1.50. The company has a current ratio of 1.87, a quick ratio of 1.08 and a debt-to-equity ratio of 0.89. The company’s fifty day moving average price is $29.68 and its 200-day moving average price is $33.39.
Greenbrier Companies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 29th. Stockholders of record on Tuesday, November 8th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Monday, November 7th. Greenbrier Companies’s dividend payout ratio (DPR) is presently 77.70%.
Analyst Upgrades and Downgrades
Institutional Trading of Greenbrier Companies
Hedge funds have recently modified their holdings of the business. CIBC Asset Management Inc bought a new stake in shares of Greenbrier Companies during the 1st quarter valued at $203,000. Oliver Lagore Vanvalin Investment Group bought a new position in Greenbrier Companies in the 1st quarter worth about $26,000. Isthmus Partners LLC boosted its stake in Greenbrier Companies by 3.5% in the 1st quarter. Isthmus Partners LLC now owns 46,405 shares of the transportation company’s stock worth $2,390,000 after purchasing an additional 1,553 shares in the last quarter. Stephens Inc. AR bought a new position in Greenbrier Companies in the 1st quarter worth about $524,000. Finally, Klingman & Associates LLC bought a new position in Greenbrier Companies in the 1st quarter worth about $227,000. Institutional investors own 98.23% of the company’s stock.
About Greenbrier Companies
The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, center partition cars, and bulkhead flat cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels.
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