Genesee & Wyoming Inc. (NYSE:GWR) shot up 2% during mid-day trading on Friday . The company traded as high as $69.00 and last traded at $68.92, with a volume of 174,478 shares changing hands. The stock had previously closed at $67.59.

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

The stock has a market cap of $3.98 billion and a PE ratio of 17.88. The company has a 50-day moving average of $63.86 and a 200 day moving average of $60.98.

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

In other Genesee & Wyoming news, General Counsel Allison M. Fergus sold 2,271 shares of the company’s stock in a transaction that occurred 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Timothy J. Gallagher sold 4,600 shares of the company’s stock in a transaction that occurred on Friday, August 5th. The shares were 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.

A number of large investors have recently modified their holdings of the stock. Marshall Wace LLP purchased a new stake in shares of Genesee & Wyoming during the fourth quarter valued at approximately $1,257,000. I.G. Investment Management LTD. increased its stake in shares of Genesee & Wyoming by 8.5% in the fourth quarter. I.G. Investment Management LTD. now owns 39,603 shares of the company’s stock valued at $2,126,000 after buying an additional 3,115 shares during the last quarter. State of Wisconsin Investment Board increased 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 increased its stake in shares of Genesee & Wyoming by 36.3% in the fourth quarter. Royce & Associates LLC now owns 74,400 shares of the company’s stock valued at $3,995,000 after buying an additional 19,814 shares during the last quarter. Finally, American International Group Inc. increased its stake in shares of Genesee & Wyoming by 4.1% in the fourth quarter. American International Group Inc. now owns 111,205 shares of the company’s stock valued at $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.

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