November 24, 2016 - By whatsonthorold
Mark Rittenbaum, an insider, presently the EVP – Commercial & Leasing of Greenbrier Companies Inc unloaded approx. 6,250 shares of the corporation with value $238,135 U.S Dollars based on an average price of 38.1 U.S Dollars per every share. In the last 30 days, he also sold 14,369 shares with a market value $481,823 USD. Today, Mark Rittenbaum has ownership of 76,357 shares or 0.26% of the company’s total market cap.
Out of 11 analysts covering Greenbrier Companies (NYSE:GBX), 1 rate it a “Buy”, 2 “Sell”, while 8 “Hold”. This means 9% are positive. $43 is the highest target while $25 is the lowest. The $35.67 average target is -7.23% below today’s ($38.45) stock price. Greenbrier Companies has been the topic of 13 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The company was initiated on Monday, December 14 by Cowen & Co. The stock has “Sell” rating given by Zacks on Wednesday, September 2. Standpoint Research downgraded Greenbrier Companies Inc (NYSE:GBX) on Wednesday, October 19 to “Hold” rating. Standpoint Research initiated the stock with “Buy” rating in Tuesday, December 15 report. On Wednesday, October 26 the stock rating was downgraded by Bank of America to “Neutral”. The company was downgraded on Monday, January 4 by Stephens. The stock of Greenbrier Companies Inc (NYSE:GBX) earned “Market Perform” rating by Wells Fargo on Monday, September 21. The rating was downgraded by BBT on Thursday, March 17 to “Hold”. The stock of Greenbrier Companies Inc (NYSE:GBX) earned “Market Perform” rating by Avondale on Wednesday, April 6. Longbow downgraded Greenbrier Companies Inc (NYSE:GBX) on Monday, June 20 to “Neutral” rating.
Insitutional Activity: The institutional sentiment increased to 1.49 in 2016 Q2. Its up 0.58, from 0.91 in 2016Q1. The ratio improved, as 35 funds sold all Greenbrier Companies Inc shares owned while 60 reduced positions. 26 funds bought stakes while 60 increased positions. They now own 25.94 million shares or 5.42% more from 24.60 million shares in 2016Q1.
Canada Pension Plan Invest Board owns 211,500 shares or 0.02% of their US portfolio. Qs Ltd Liability Com has 0.15% invested in the company for 609,063 shares. Delphi Inc Ma last reported 0.27% of its portfolio in the stock. Cibc holds 45,657 shares or 0.01% of its portfolio. Bartlett & Lc owns 100 shares or 0% of their US portfolio. Tradewinds Capital Mgmt Limited Company has 0% invested in the company for 100 shares. Acadian Asset Management Lc reported 22,678 shares or 0% of all its holdings. Moreover, Tower Research Capital Limited Liability Co (Trc) has 0.01% invested in Greenbrier Companies Inc (NYSE:GBX) for 3,711 shares. Alpine Woods Limited Liability Corporation, a New York-based fund reported 28,300 shares. Blackrock Advsr Ltd Limited Liability Company holds 132,725 shares or 0% of its portfolio. Victory Cap holds 7,984 shares or 0% of its portfolio. Brighton Jones Limited Liability Co has invested 0.59% of its portfolio in Greenbrier Companies Inc (NYSE:GBX). Thrivent For Lutherans holds 0.01% or 45,220 shares in its portfolio. Blackrock Gp Ltd owns 54,419 shares or 0% of their US portfolio. Ameriprise Fin Incorporated last reported 0.01% of its portfolio in the stock.
Insider Transactions: Since May 26, 2016, the stock had 0 insider purchases, and 11 selling transactions for $1.61 million net activity. 2,996 Greenbrier Companies Inc (NYSE:GBX) shares with value of $96,411 were sold by SHARP JAMES T. Centurion Alejandro sold $191,700 worth of Greenbrier Companies Inc (NYSE:GBX) on Friday, July 22. RITTENBAUM MARK J sold $58,621 worth of Greenbrier Companies Inc (NYSE:GBX) on Thursday, May 26. On Monday, November 14 Tekorius Lorie sold $49,404 worth of the stock or 1,361 shares. On Thursday, July 28 the insider Manning Anne sold $156,250.
The stock increased 3.78% or $1.4 during the last trading session, hitting $38.45. About 487,407 shares traded hands. Greenbrier Companies Inc (NYSE:GBX) has risen 29.55% since April 22, 2016 and is uptrending. It has outperformed by 24.14% the S&P500.
The Greenbrier Companies, Inc. is a designer, maker and marketer of railroad freight car equipment in North America and Europe; a maker and marketer of marine barges in North America; a well-known provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a well-known provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership. The company has a market cap of $1.12 billion. It operates in four divisions: Manufacturing; Wheels & Parts; Leasing & Services, and GBW Joint Venture. It has a 6.71 P/E ratio. It also produces rail castings and tank heads through unconsolidated joint ventures.
According to Zacks Investment Research, “Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. In addition to manufacturing, they are engaged in complementary leasing and services activities.”
Analysts await Greenbrier Companies Inc (NYSE:GBX) to report earnings on January, 5. They expect $0.84 earnings per share, down 60.93% or $1.31 from last year’s $2.15 per share. GBX’s profit will be $24.47M for 11.44 P/E if the $0.84 EPS becomes a reality. After $1.06 actual earnings per share reported by Greenbrier Companies Inc for the previous quarter, Wall Street now forecasts -20.75% negative EPS growth.
More notable recent Greenbrier Companies Inc (NYSE:GBX) news were published by: Fool.com which released: “Why Greenbrier Companies Inc.’s Shares Jumped 13% Last Month” on August 10, 2016, also Fool.com with their article: “Why Shares of Greenbrier Companies Inc Plunged Last Month” published on February 09, 2016, Prnewswire.com published: “The Greenbrier Companies, Inc. Announces Redemption of Remaining 2.375 ..” on July 18, 2016. More interesting news about Greenbrier Companies Inc (NYSE:GBX) were released by: Nasdaq.com and their article: “Greenbrier Companies, Inc. (GBX) Ex-Dividend Date Scheduled for November 08, 2016” published on November 07, 2016 as well as Equitiesfocus.com‘s news article titled: “Greenbrier Companies, Inc. (The) (NYSE:GBX) Short-Term Price Target At $34.00” with publication date: November 23, 2016.
The Greenbrier Companies, Inc., incorporated on October 25, 2005, is a designer, maker and marketer of railroad freight car equipment in North America and Europe; a maker and marketer of marine barges in North America; a well-known provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a well-known provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership. It operates in four divisions: Manufacturing; Wheels & Parts; Leasing & Services, and GBW Joint Venture. The Manufacturing segment, operating from facilities in the United States, Mexico and Poland, produces double-stack intermodal railcars, tank cars, conventional railcars, automotive railcar products and marine vessels. The Wheels & Parts segment performs wheel and axle servicing, as well as production of various parts for the railroad industry in North America. As of August 31, 2015, the Leasing & Services segment owned approximately 9,300 railcars (6,300 railcars held as equipment on operating leases, 2,800 held as leased railcars for syndication and 200 held as finished goods inventory) and provided management services for approximately 260,000 railcars for railroads, shippers, carriers, institutional investors, and other leasing and transportation companies in North America. As of August 31, 2015, the GBW Joint Venture segment provided repair services at 33 locations across North America. It also produces rail castings and tank heads through unconsolidated joint ventures. It operates an integrated business model in North America that combines freight car manufacturing, wheel services, repair, refurbishment, retrofitting, component parts, leasing and fleet management services. The Company’s model is designed to provide clients with a set of freight car solutions utilizing its engineering, mechanical and technical capabilities. The Company’s clients include railroads, leasing companies, financial institutions, shippers, carriers and transportation companies.
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