Genesee & Wyoming Inc. (NYSE:GWR)’s share price shot up 2% on Friday . The company traded as high as $69.00 and last traded at $68.92, with a volume of 174,478 shares traded. The stock had previously closed at $67.59.

A number of brokerages recently weighed in on GWR. Cowen and Company restated a “buy” rating on shares of Genesee & Wyoming in a research report on Saturday, April 30th. Royal Bank Of Canada restated a “hold” rating on shares of Genesee & Wyoming in a research report on Saturday, April 30th. Citigroup Inc. upped their target price on shares of Genesee & Wyoming from $62.00 to $74.00 and gave the stock a “buy” rating in a research report on Friday, April 29th. Deutsche Bank AG upped their target price on shares of Genesee & Wyoming from $64.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, May 3rd. Finally, Zacks Investment Research lowered shares of Genesee & Wyoming from a “hold” rating to a “sell” rating in a research report on Thursday, May 5th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Genesee & Wyoming has a consensus rating of “Hold” and an average price target of $70.36.

The company has a 50-day moving average of $63.59 and a 200-day moving average of $60.85. The company has a market cap of $3.98 billion and a P/E ratio of 17.88.

Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings results on Monday, August 1st. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.78 by $0.15. During the same period in the previous year, the firm posted $0.93 EPS. The company earned $501.40 million during the quarter, compared to analysts’ expectations of $490.50 million. Genesee & Wyoming’s revenue was down 7.5% compared to the same quarter last year. On average, analysts forecast that Genesee & Wyoming Inc. will post $3.56 earnings per share for the current fiscal year.

In related news, General Counsel Allison M. Fergus sold 2,271 shares of the business’s stock in a transaction on Friday, August 5th. The shares were sold at an average price of $64.69, for a total value of $146,910.99. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Timothy J. Gallagher sold 4,600 shares of the business’s stock in a transaction on Friday, August 5th. The stock was sold at an average price of $64.55, for a total transaction of $296,930.00. Following the completion of the sale, the chief financial officer now directly owns 54,847 shares of the company’s stock, valued at approximately $3,540,373.85. The disclosure for this sale can be found here.

Other large investors recently modified their holdings of the company. State of Wisconsin Investment Board raised its stake in shares of Genesee & Wyoming by 3.9% in the fourth quarter. State of Wisconsin Investment Board now owns 41,190 shares of the company’s stock valued at $2,211,000 after buying an additional 1,550 shares during the last quarter. Royce & Associates LLC raised its stake in Genesee & Wyoming by 36.3% in the fourth quarter. Royce & Associates LLC now owns 74,400 shares of the company’s stock worth $3,995,000 after buying an additional 19,814 shares during the last quarter. Marshall Wace LLP acquired a new stake in Genesee & Wyoming during the fourth quarter worth about $1,257,000. I.G. Investment Management LTD. raised its stake in Genesee & Wyoming by 8.5% in the fourth quarter. I.G. Investment Management LTD. now owns 39,603 shares of the company’s stock worth $2,126,000 after buying an additional 3,115 shares during the last quarter. Finally, American International Group Inc. raised its stake in Genesee & Wyoming by 4.1% in the fourth quarter. American International Group Inc. now owns 111,205 shares of the company’s stock worth $5,970,000 after buying an additional 4,333 shares during the last quarter.

Genesee & Wyoming Inc owns and operates over 120 freight railroads across the world, which are organized in approximately 10 regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations. In the United States, the Company has over eight regions, such as Central, Coastal (which includes industrial switching and port operations), Midwest, Mountain West (which includes industrial switching operations), Northeast, Ohio Valley, Pacific and Southern.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.