12,707 Shares in Genesee & Wyoming Inc (GWR) Acquired by WINTON GROUP Ltd
WINTON GROUP Ltd purchased a new position in shares of Genesee & Wyoming Inc (NYSE:GWR) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 12,707 shares of the transportation company’s stock, valued at approximately $940,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of GWR. Global X Management Co. LLC lifted its position in Genesee & Wyoming by 221.8% during the 2nd quarter. Global X Management Co. LLC now owns 1,947 shares of the transportation company’s stock valued at $133,000 after purchasing an additional 1,342 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Genesee & Wyoming by 8.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,655 shares of the transportation company’s stock valued at $182,000 after purchasing an additional 210 shares during the period. Sowell Financial Services LLC acquired a new position in Genesee & Wyoming during the 3rd quarter valued at about $211,000. Quantbot Technologies LP lifted its position in Genesee & Wyoming by 38.8% during the 2nd quarter. Quantbot Technologies LP now owns 3,813 shares of the transportation company’s stock valued at $260,000 after purchasing an additional 1,065 shares during the period. Finally, World Asset Management Inc lifted its position in Genesee & Wyoming by 2.4% during the 2nd quarter. World Asset Management Inc now owns 3,881 shares of the transportation company’s stock valued at $265,000 after purchasing an additional 91 shares during the period. Institutional investors and hedge funds own 96.21% of the company’s stock.
GWR has been the subject of a number of recent analyst reports. Bank of America upped their price target on Genesee & Wyoming from $79.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Zacks Investment Research cut Genesee & Wyoming from a “hold” rating to a “sell” rating in a research note on Monday, October 9th. Cowen reaffirmed a “buy” rating and issued a $75.00 price target on shares of Genesee & Wyoming in a research note on Tuesday, September 12th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $76.00 price target on shares of Genesee & Wyoming in a research note on Wednesday, November 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $80.20.
Shares of Genesee & Wyoming Inc (NYSE GWR) traded down $2.20 on Wednesday, hitting $77.28. 520,700 shares of the stock traded hands, compared to its average volume of 448,048. The company has a market cap of $4,958.28, a PE ratio of 25.39, a P/E/G ratio of 4.14 and a beta of 1.80. Genesee & Wyoming Inc has a one year low of $61.44 and a one year high of $81.73. The company has a quick ratio of 1.18, a current ratio of 1.30 and a debt-to-equity ratio of 0.69.
Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.02). The business had revenue of $576.90 million for the quarter, compared to the consensus estimate of $573.60 million. Genesee & Wyoming had a return on equity of 5.80% and a net margin of 6.10%. Genesee & Wyoming’s revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.95 earnings per share. equities research analysts forecast that Genesee & Wyoming Inc will post 2.9 EPS for the current year.
In other news, insider John C. Hellmann sold 12,332 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $73.71, for a total transaction of $908,991.72. Following the completion of the transaction, the insider now directly owns 404,076 shares of the company’s stock, valued at approximately $29,784,441.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.45% of the stock is owned by company insiders.
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Genesee & Wyoming Company Profile
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.
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