SG Americas Securities LLC Has $845,000 Position in Genesee & Wyoming, Inc. (GWR)

SG Americas Securities LLC raised its stake in shares of Genesee & Wyoming, Inc. (NYSE:GWR) by 185.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,449 shares of the transportation company’s stock after buying an additional 8,085 shares during the period. SG Americas Securities LLC’s holdings in Genesee & Wyoming were worth $845,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. 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 in 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 in 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 in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Genesee & Wyoming by 2.3% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 6,615 shares of the transportation company’s stock valued at $459,000 after buying an additional 148 shares in the last quarter. Finally, Creative Planning raised its stake in shares of Genesee & Wyoming by 8.7% in the first quarter. Creative Planning now owns 2,262 shares of the transportation company’s stock valued at $153,000 after buying an additional 181 shares in the last quarter. Hedge funds and other institutional investors own 97.20% of the company’s stock.

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

Genesee & Wyoming, Inc. (NYSE:GWR) opened at 67.17 on Friday. The company has a 50 day moving average price of $65.15 and a 200 day moving average price of $70.03. Genesee & Wyoming, Inc. has a 52-week low of $52.21 and a 52-week high of $80.73. The firm has a market capitalization of $4.18 billion, a P/E ratio of 28.50 and a beta of 1.73.

Genesee & Wyoming (NYSE:GWR) last posted its quarterly earnings data on Tuesday, May 2nd. The transportation company reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by $0.12. The business had revenue of $519.10 million during the quarter, compared to analyst estimates of $516.98 million. Genesee & Wyoming had a net margin of 6.89% and a return on equity of 6.61%. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.77 earnings per share. On average, equities analysts forecast that Genesee & Wyoming, Inc. will post $3.00 EPS for the current fiscal year.

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Several equities analysts recently issued reports on the company. BidaskClub raised Genesee & Wyoming from a “strong sell” rating to a “sell” rating in a research report on Tuesday. Cowen and Company cut their target price on Genesee & Wyoming from $77.00 to $75.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 3rd. Royal Bank Of Canada reissued a “hold” rating on shares of Genesee & Wyoming in a research report on Tuesday, April 11th. Bank of America Corporation raised Genesee & Wyoming from a “neutral” rating to a “buy” rating and upped their target price for the company from $42.21 to $76.00 in a research report on Wednesday, April 19th. Finally, Zacks Investment Research raised Genesee & Wyoming from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 4th. 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 $75.50.

In other Genesee & Wyoming news, insider John C. Hellmann sold 14,825 shares of Genesee & Wyoming stock in a transaction on Monday, April 24th. The shares were sold at an average price of $68.49, for a total value of $1,015,364.25. Following the transaction, the insider now directly owns 406,229 shares in the company, valued at $27,822,624.21. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Matthew O. Walsh sold 4,042 shares of Genesee & Wyoming stock in a transaction on Friday, May 26th. The shares were sold at an average price of $66.63, for a total transaction of $269,318.46. Following the completion of the transaction, the executive vice president now owns 105,872 shares in the company, valued at $7,054,251.36. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,232 shares of company stock worth $1,569,713. 3.80% of the stock is currently owned by company insiders.

About Genesee & Wyoming

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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