King Luther Capital Management Corp lowered its holdings in Genesee & Wyoming Inc (NYSE:GWR) by 9.7% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,795 shares of the transportation company’s stock after selling 6,975 shares during the period. King Luther Capital Management Corp owned approximately 0.10% of Genesee & Wyoming worth $4,795,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in GWR. AQR Capital Management LLC lifted its stake in Genesee & Wyoming by 303.4% in the first quarter. AQR Capital Management LLC now owns 15,047 shares of the transportation company’s stock worth $1,021,000 after acquiring an additional 11,317 shares during the last quarter. Capstone Asset Management Co. lifted its stake in Genesee & Wyoming by 5.2% in the second quarter. Capstone Asset Management Co. now owns 5,083 shares of the transportation company’s stock worth $348,000 after acquiring an additional 250 shares during the last quarter. Aperio Group LLC lifted its stake in Genesee & Wyoming by 11.9% in the second quarter. Aperio Group LLC now owns 23,204 shares of the transportation company’s stock worth $1,587,000 after acquiring an additional 2,473 shares during the last quarter. Great West Life Assurance Co. Can lifted its stake in Genesee & Wyoming by 2.1% in the second quarter. Great West Life Assurance Co. Can now owns 37,672 shares of the transportation company’s stock worth $2,575,000 after acquiring an additional 790 shares during the last quarter. Finally, World Asset Management Inc lifted its stake in Genesee & Wyoming by 2.4% in the second quarter. World Asset Management Inc now owns 3,881 shares of the transportation company’s stock worth $265,000 after acquiring an additional 91 shares during the last quarter. Hedge funds and other institutional investors own 96.21% of the company’s stock.

Genesee & Wyoming Inc (GWR) traded up $0.09 during mid-day trading on Thursday, reaching $77.37. 239,000 shares of the company traded hands, compared to its average volume of 447,159. Genesee & Wyoming Inc has a 1 year low of $61.44 and a 1 year high of $81.73. The stock has a market cap of $4,821.04, a P/E ratio of 24.69, a price-to-earnings-growth ratio of 4.03 and a beta of 1.80. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.18 and a current ratio of 1.30.

Genesee & Wyoming (NYSE:GWR) last released its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.02). Genesee & Wyoming had a net margin of 6.10% and a return on equity of 5.80%. The business had revenue of $576.90 million during the quarter, compared to analysts’ expectations of $573.60 million. During the same quarter last year, the company earned $0.95 EPS. The firm’s revenue for the quarter was up 15.1% compared to the same quarter last year. research analysts anticipate that Genesee & Wyoming Inc will post 2.9 EPS for the current year.

Several analysts have recently weighed in on GWR shares. Zacks Investment Research upgraded shares of Genesee & Wyoming from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Stifel Nicolaus restated a “hold” rating and set a $76.00 price objective on shares of Genesee & Wyoming in a research report on Wednesday, November 1st. Cowen restated a “buy” rating and set a $81.00 price objective on shares of Genesee & Wyoming in a research report on Wednesday, November 1st. Finally, Bank of America boosted their price objective on shares of Genesee & Wyoming from $79.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $80.20.

In other Genesee & Wyoming news, insider John C. Hellmann sold 12,332 shares of the business’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $73.71, for a total value of $908,991.72. Following 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 filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.45% of the company’s stock.

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

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