Shares of Genesee & Wyoming Inc (NYSE:GWR) have been assigned a consensus recommendation of “Hold” from the nine research firms that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $102.81.
Separately, ValuEngine lowered shares of Genesee & Wyoming from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd.
In other news, insider John C. Hellmann sold 21,888 shares of Genesee & Wyoming stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $111.38, for a total value of $2,437,885.44. Following the transaction, the insider now owns 444,892 shares of the company’s stock, valued at approximately $49,552,070.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.72% of the stock is owned by insiders.
Several institutional investors have recently modified their holdings of GWR. Steward Partners Investment Advisory LLC purchased a new position in shares of Genesee & Wyoming in the 2nd quarter worth approximately $56,000. SG Americas Securities LLC grew its position in shares of Genesee & Wyoming by 319.1% in the 2nd quarter. SG Americas Securities LLC now owns 18,220 shares of the transportation company’s stock worth $1,822,000 after buying an additional 13,873 shares during the last quarter. KBC Group NV grew its position in shares of Genesee & Wyoming by 488.6% in the 2nd quarter. KBC Group NV now owns 25,038 shares of the transportation company’s stock worth $2,504,000 after buying an additional 20,784 shares during the last quarter. Aperio Group LLC grew its position in shares of Genesee & Wyoming by 7.5% in the 2nd quarter. Aperio Group LLC now owns 34,866 shares of the transportation company’s stock worth $3,487,000 after buying an additional 2,424 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan grew its position in shares of Genesee & Wyoming by 1.1% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 10,410 shares of the transportation company’s stock worth $1,041,000 after buying an additional 110 shares during the last quarter. 81.58% of the stock is currently owned by hedge funds and other institutional investors.
NYSE:GWR opened at $111.26 on Friday. Genesee & Wyoming has a one year low of $68.27 and a one year high of $111.63. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.99 and a current ratio of 1.10. The firm has a market cap of $6.28 billion, a P/E ratio of 28.90 and a beta of 1.33. The firm has a 50-day simple moving average of $111.25 and a 200-day simple moving average of $107.96.
Genesee & Wyoming (NYSE:GWR) last posted its quarterly earnings results on Wednesday, November 6th. The transportation company reported $1.22 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.08). Genesee & Wyoming had a net margin of 9.28% and a return on equity of 6.34%. The business had revenue of $583.69 million during the quarter. On average, research analysts predict that Genesee & Wyoming will post 4.27 EPS for the current fiscal year.
Genesee & Wyoming Company 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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