Calamos Advisors LLC trimmed its position in shares of Genesee & Wyoming, Inc. (NYSE:GWR) by 1.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 305,979 shares of the transportation company’s stock after selling 3,944 shares during the period. Calamos Advisors LLC owned approximately 0.50% of Genesee & Wyoming worth $22,646,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. boosted its position in Genesee & Wyoming by 0.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 7,676 shares of the transportation company’s stock worth $525,000 after purchasing an additional 35 shares during the period. Teacher Retirement System of Texas boosted its position in Genesee & Wyoming by 1.8% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,963 shares of the transportation company’s stock valued at $339,000 after buying an additional 89 shares during the last quarter. World Asset Management Inc boosted its position in Genesee & Wyoming by 2.4% in the 2nd quarter. World Asset Management Inc now owns 3,881 shares of the transportation company’s stock valued at $265,000 after buying an additional 91 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in Genesee & Wyoming by 0.3% in the 1st quarter. Public Employees Retirement System of Ohio now owns 54,072 shares of the transportation company’s stock valued at $3,669,000 after buying an additional 160 shares during the last quarter. Finally, Guyasuta Investment Advisors Inc. boosted its position in Genesee & Wyoming by 1.2% in the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 15,109 shares of the transportation company’s stock valued at $1,033,000 after buying an additional 180 shares during the last quarter. Institutional investors and hedge funds own 95.92% of the company’s stock.

Genesee & Wyoming, Inc. (NYSE GWR) traded down 2.61% on Tuesday, hitting $70.95. 98,840 shares of the stock were exchanged. Genesee & Wyoming, Inc. has a one year low of $61.44 and a one year high of $80.73. The stock has a market capitalization of $4.42 billion, a P/E ratio of 31.09 and a beta of 1.70. The company has a 50 day moving average of $72.25 and a 200 day moving average of $68.01.

Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings data on Tuesday, October 31st. The transportation company reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.02). The business had revenue of $576.90 million during the quarter, compared to the consensus estimate of $573.60 million. Genesee & Wyoming had a net margin of 6.64% and a return on equity of 6.32%. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.95 EPS. On average, equities research analysts forecast that Genesee & Wyoming, Inc. will post $2.98 earnings per share for the current fiscal year.

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A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Genesee & Wyoming from a “hold” rating to a “sell” rating in a research note on Monday, October 9th. Cowen and Company reiterated a “buy” rating and set a $75.00 price objective on shares of Genesee & Wyoming in a research note on Tuesday, September 12th. BidaskClub upgraded shares of Genesee & Wyoming from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Genesee & Wyoming in a research note on Tuesday, July 11th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $75.67.

In related news, insider Christopher F. Liucci sold 1,401 shares of the firm’s stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $66.92, for a total value of $93,754.92. Following the completion of the transaction, the insider now owns 22,982 shares in the company, valued at approximately $1,537,955.44. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Timothy J. Gallagher sold 5,073 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $66.84, for a total transaction of $339,079.32. Following the completion of the transaction, the chief financial officer now owns 56,951 shares of the company’s stock, valued at approximately $3,806,604.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 30,931 shares of company stock valued at $2,058,531. 3.45% of the stock is owned by company insiders.

About Genesee & Wyoming

Genesee & Wyoming Inc owns and operates freight railroads across the world. As of December 31, 2016, the Company owned or leased 122 freight railroads worldwide that are organized in 10 operating regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations.

Institutional Ownership by Quarter for Genesee & Wyoming (NYSE:GWR)

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