Cardinal Capital Management LLC CT increased its position in Genesee & Wyoming, Inc. (NYSE:GWR) by 20.6% during the fourth quarter, Holdings Channel reports. The firm owned 983,424 shares of the company’s stock after buying an additional 167,963 shares during the period. Genesee & Wyoming comprises about 2.9% of Cardinal Capital Management LLC CT’s investment portfolio, making the stock its 10th largest position. Cardinal Capital Management LLC CT owned about 1.70% of Genesee & Wyoming worth $68,260,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of GWR. JPMorgan Chase & Co. boosted its stake in Genesee & Wyoming by 121.2% in the second quarter. JPMorgan Chase & Co. now owns 9,828 shares of the company’s stock worth $580,000 after buying an additional 5,385 shares during the period. South Dakota Investment Council boosted its stake in Genesee & Wyoming by 8.1% in the second quarter. South Dakota Investment Council now owns 85,000 shares of the company’s stock worth $5,011,000 after buying an additional 6,400 shares during the period. Metropolitan Life Insurance Co. NY boosted its stake in Genesee & Wyoming by 2.0% in the second quarter. Metropolitan Life Insurance Co. NY now owns 53,673 shares of the company’s stock worth $3,164,000 after buying an additional 1,055 shares during the period. Legal & General Group Plc boosted its stake in Genesee & Wyoming by 23.9% in the second quarter. Legal & General Group Plc now owns 23,208 shares of the company’s stock worth $1,365,000 after buying an additional 4,479 shares during the period. Finally, Amalgamated Bank boosted its stake in Genesee & Wyoming by 11.6% in the second quarter. Amalgamated Bank now owns 7,695 shares of the company’s stock worth $495,000 after buying an additional 800 shares during the period. 96.56% of the stock is currently owned by institutional investors.

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

Shares of Genesee & Wyoming, Inc. (NYSE:GWR) traded up 0.57% during midday trading on Thursday, reaching $75.80. 655,313 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $73.78 and a 200-day moving average of $70.50. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of 31.32 and a beta of 1.57. Genesee & Wyoming, Inc. has a one year low of $51.67 and a one year high of $80.73.

Genesee & Wyoming (NYSE:GWR) last announced its quarterly earnings data on Wednesday, February 8th. The company reported $0.99 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.10. The business had revenue of $516.50 million for the quarter, compared to analysts’ expectations of $489.35 million. Genesee & Wyoming had a net margin of 7.05% and a return on equity of 7.45%. The business’s revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.85 earnings per share. On average, equities research analysts anticipate that Genesee & Wyoming, Inc. will post $3.30 earnings per share for the current year.

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A number of equities research analysts recently commented on GWR shares. Cowen and Company reaffirmed an “outperform” rating and issued a $77.00 price target (up previously from $73.00) on shares of Genesee & Wyoming in a report on Friday, October 21st. Deutsche Bank AG started coverage on shares of Genesee & Wyoming in a report on Wednesday, November 2nd. They issued a “hold” rating and a $70.00 price target on the stock. Stifel Nicolaus reaffirmed a “hold” rating and issued a $72.00 price target on shares of Genesee & Wyoming in a report on Thursday, February 9th. Zacks Investment Research cut shares of Genesee & Wyoming from a “hold” rating to a “strong sell” rating in a report on Monday. Finally, Credit Suisse Group reaffirmed a “buy” rating on shares of Genesee & Wyoming in a report on Wednesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $69.20.

In other Genesee & Wyoming news, insider John C. Hellmann sold 11,317 shares of the company’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $76.18, for a total value of $862,129.06. Following the sale, the insider now owns 361,611 shares in the company, valued at $27,547,525.98. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mortimer B. Fuller III sold 4,000 shares of the company’s stock in a transaction dated Tuesday, February 14th. The stock was sold at an average price of $74.42, for a total transaction of $297,680.00. Following the completion of the sale, the director now owns 25,950 shares in the company, valued at approximately $1,931,199. The disclosure for this sale can be found here. In the last 90 days, insiders sold 43,317 shares of company stock worth $3,160,129. Corporate insiders own 3.80% of the company’s stock.

About Genesee & Wyoming

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.

5 Day Chart for NYSE:GWR

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