Genesee & Wyoming, Inc. (NYSE:GWR) Position Decreased by Thomson Horstmann & Bryant Inc.

Thomson Horstmann & Bryant Inc. reduced its position in shares of Genesee & Wyoming, Inc. (NYSE:GWR) by 13.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,450 shares of the transportation company’s stock after selling 1,710 shares during the period. Thomson Horstmann & Bryant Inc.’s holdings in Genesee & Wyoming were worth $783,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of GWR. Stephens Inc. AR boosted its position in shares of Genesee & Wyoming by 1.0% in the first quarter. Stephens Inc. AR now owns 7,825 shares of the transportation company’s stock worth $531,000 after buying an additional 80 shares in the last quarter. 1st Global Advisors Inc. raised its stake in shares of Genesee & Wyoming by 2.7% in the first quarter. 1st Global Advisors Inc. now owns 3,305 shares of the transportation company’s stock valued at $224,000 after buying an additional 88 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in shares of Genesee & Wyoming by 0.8% in the first quarter. Public Employees Retirement Association of Colorado now owns 13,118 shares of the transportation company’s stock valued at $890,000 after buying an additional 107 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in shares of Genesee & Wyoming by 8.4% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,546 shares of the transportation company’s stock valued at $105,000 after buying an additional 120 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in shares of Genesee & Wyoming by 0.3% in the first 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. 95.89% of the stock is owned by institutional investors.

Shares of Genesee & Wyoming, Inc. (NYSE GWR) traded up 1.87% during mid-day trading on Friday, hitting $66.33. 463,853 shares of the stock traded hands. The company’s 50 day moving average is $67.32 and its 200 day moving average is $68.40. Genesee & Wyoming, Inc. has a one year low of $61.44 and a one year high of $80.73. The firm has a market capitalization of $4.13 billion, a P/E ratio of 29.07 and a beta of 1.71.

Genesee & Wyoming (NYSE:GWR) last announced its quarterly earnings results on Tuesday, August 1st. The transportation company reported $0.80 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.73 by $0.07. Genesee & Wyoming had a return on equity of 6.32% and a net margin of 6.64%. The firm had revenue of $540.43 million for the quarter, compared to analysts’ expectations of $539.59 million. During the same period in the prior year, the business posted $0.81 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. On average, equities analysts expect that Genesee & Wyoming, Inc. will post $3.00 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This piece was posted by BNB Daily and is owned by of BNB Daily. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The original version of this piece can be read at https://www.baseball-news-blog.com/2017/08/13/genesee-wyoming-inc-nysegwr-shares-sold-by-thomson-horstmann-bryant-inc-updated-updated.html.

A number of research analysts recently commented on GWR shares. Zacks Investment Research upgraded shares of Genesee & Wyoming from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 4th. Bank of America Corporation upgraded shares of Genesee & Wyoming from a “neutral” rating to a “buy” rating and raised their target price for the stock from $42.21 to $76.00 in a report on Wednesday, April 19th. Cowen and Company decreased their price objective on shares of Genesee & Wyoming from $77.00 to $75.00 and set an “outperform” rating for the company in a research note on Wednesday, May 3rd. BidaskClub lowered shares of Genesee & Wyoming from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Genesee & Wyoming in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. Genesee & Wyoming has a consensus rating of “Hold” and a consensus price target of $75.67.

In related news, Director Albert J. Neupaver acquired 1,560 shares of the company’s stock in a transaction dated Wednesday, May 24th. The stock was purchased at an average price of $64.77 per share, with a total value of $101,041.20. Following the completion of the purchase, the director now owns 5,910 shares in the company, valued at approximately $382,790.70. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Christopher F. Liucci sold 1,677 shares of the stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $64.48, for a total value of $108,132.96. Following the sale, the insider now directly owns 23,258 shares of the company’s stock, valued at approximately $1,499,675.84. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,407 shares of company stock worth $554,349. 3.80% of the stock is owned by company insiders.

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.

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

Receive News & Ratings for Genesee & Wyoming Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genesee & Wyoming Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply