Bronfman E.L. Rothschild L.P. Reduces Position in Genesee & Wyoming Inc (GWR)

Bronfman E.L. Rothschild L.P. lowered its stake in Genesee & Wyoming Inc (NYSE:GWR) by 41.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,237 shares of the transportation company’s stock after selling 882 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Genesee & Wyoming were worth $113,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Institute for Wealth Management LLC. boosted its stake in shares of Genesee & Wyoming by 4.6% during the 2nd quarter. Institute for Wealth Management LLC. now owns 13,280 shares of the transportation company’s stock worth $1,075,000 after acquiring an additional 581 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Genesee & Wyoming by 3.0% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 23,770 shares of the transportation company’s stock worth $1,933,000 after acquiring an additional 687 shares during the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of Genesee & Wyoming by 1.4% during the 2nd quarter. Mutual of America Capital Management LLC now owns 51,726 shares of the transportation company’s stock worth $4,206,000 after acquiring an additional 739 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Genesee & Wyoming by 24.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,744 shares of the transportation company’s stock worth $386,000 after acquiring an additional 921 shares during the last quarter. Finally, Ancora Advisors LLC purchased a new position in shares of Genesee & Wyoming during the 3rd quarter worth $100,000. Institutional investors own 93.14% of the company’s stock.

GWR opened at $78.45 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.22 and a current ratio of 1.33. Genesee & Wyoming Inc has a fifty-two week low of $67.61 and a fifty-two week high of $92.91. The firm has a market cap of $4.73 billion, a P/E ratio of 26.96, a PEG ratio of 1.19 and a beta of 1.75.

Genesee & Wyoming (NYSE:GWR) last released its earnings results on Tuesday, October 30th. The transportation company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. Genesee & Wyoming had a net margin of 26.25% and a return on equity of 5.81%. The company had revenue of $603.30 million for the quarter, compared to analysts’ expectations of $594.40 million. During the same quarter in the previous year, the company earned $0.81 EPS. Genesee & Wyoming’s revenue for the quarter was up 4.6% on a year-over-year basis. As a group, equities analysts expect that Genesee & Wyoming Inc will post 3.83 earnings per share for the current year.

GWR has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Genesee & Wyoming from a “sell” rating to a “hold” rating and set a $96.00 price target on the stock in a research note on Thursday, October 11th. Citigroup cut shares of Genesee & Wyoming from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 30th. Morgan Stanley lifted their price target on shares of Genesee & Wyoming from $79.00 to $81.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 9th. Cowen reiterated a “buy” rating and set a $92.00 price target on shares of Genesee & Wyoming in a research note on Wednesday, October 31st. Finally, JPMorgan Chase & Co. cut shares of Genesee & Wyoming from an “overweight” rating to a “neutral” rating in a research note on Friday, October 12th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Genesee & Wyoming has a consensus rating of “Hold” and an average price target of $87.70.

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Genesee & Wyoming Profile

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

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

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