NYSE:GBXMachinery
Toronto Dominion Takes 6% Passive Stake In Greenbrier As Valuation Stretches
The Toronto Dominion Bank and its affiliate TD Securities have disclosed a passive ownership stake of more than 6% in Greenbrier Companies.
The position was reported in a Schedule 13G/A filing, indicating a sizeable institutional holding in NYSE:GBX common stock.
The filing signals a meaningful change in Greenbrier Companies' shareholder base involving a large financial institution.
For existing and potential shareholders, this new stake comes as NYSE:GBX trades at around $47.64, with the...