William A. Furman Sells 20,000 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBXGet 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

A number of research analysts have issued reports on GBX shares. Susquehanna downgraded shares of Greenbrier Companies from a “positive” rating to a “neutral” rating and boosted their price objective for the company from $30.00 to $37.00 in a research report on Monday, November 7th. StockNews.com raised shares of Greenbrier Companies from a “sell” rating to a “hold” rating in a research report on Thursday. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Greenbrier Companies presently has an average rating of “Hold” and an average price target of $48.00.

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

(Get Rating)

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

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