Bbva Compass Bancshares Inc. cut its stake in Genesee & Wyoming, Inc. (NYSE:GWR) by 9.1% during the second quarter, Holdings Channel reports. The firm owned 4,587 shares of the transportation company’s stock after selling 458 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Genesee & Wyoming were worth $314,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GWR. Stephens Inc. AR boosted its position in Genesee & Wyoming by 1.0% in the first quarter. Stephens Inc. AR now owns 7,825 shares of the transportation company’s stock valued at $531,000 after buying an additional 80 shares during the period. 1st Global Advisors Inc. boosted its position in 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 during the period. Public Employees Retirement Association of Colorado boosted its position in 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 during the period. Bronfman E.L. Rothschild L.P. boosted its position in 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 during the period. Finally, Public Employees Retirement System of Ohio boosted its position in Genesee & Wyoming by 0.3% in the first quarter. Public Employees Retirement System of Ohio now owns 54,072 shares of the transportation company’s stock valued at $3,669,000 after buying an additional 160 shares during the period. Hedge funds and other institutional investors own 95.89% of the company’s stock.

Shares of Genesee & Wyoming, Inc. (NYSE GWR) opened at 67.20 on Wednesday. The firm’s 50-day moving average is $67.22 and its 200-day moving average is $68.66. The firm has a market cap of $4.14 billion, a price-to-earnings ratio of 29.45 and a beta of 1.71. Genesee & Wyoming, Inc. has a 12-month low of $61.44 and a 12-month high of $80.73.

Genesee & Wyoming (NYSE:GWR) last released its quarterly earnings results on Tuesday, August 1st. The transportation company reported $0.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.73 by $0.07. The firm had revenue of $540.43 million during the quarter, compared to the consensus estimate of $539.59 million. Genesee & Wyoming had a net margin of 6.64% and a return on equity of 6.32%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 earnings per share. Analysts predict that Genesee & Wyoming, Inc. will post $3.00 earnings per share for the current fiscal year.

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Several research firms recently weighed in on GWR. BidaskClub cut shares of Genesee & Wyoming from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Cowen and Company reaffirmed a “buy” rating and set a $75.00 target price on shares of Genesee & Wyoming in a report on Tuesday, July 11th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Genesee & Wyoming in a report on Tuesday, July 11th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Genesee & Wyoming in a report on Tuesday, April 11th. Finally, Zacks Investment Research lowered shares of Genesee & Wyoming from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. Genesee & Wyoming has a consensus rating of “Hold” and an average target price of $75.67.

In other Genesee & Wyoming news, Director Albert J. Neupaver purchased 1,560 shares of the company’s stock in a transaction dated Wednesday, May 24th. The stock was purchased at an average price of $64.77 per share, with a total value of $101,041.20. Following the completion of the purchase, the director now owns 5,910 shares of the company’s stock, valued at $382,790.70. 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 the firm’s 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 transaction, the executive vice president now directly owns 105,872 shares of the company’s stock, valued at approximately $7,054,251.36. The disclosure for this sale can be found here. Insiders have sold 8,407 shares of company stock valued at $554,349 in the last ninety days. Insiders own 3.80% of the company’s stock.

Genesee & Wyoming Company Profile

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

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