Genesee & Wyoming Inc (NYSE:GWR) was down 6% during trading on Thursday . The company traded as low as $68.54 and last traded at $68.99. Approximately 918,123 shares were traded during trading, an increase of 145% from the average daily volume of 375,256 shares. The stock had previously closed at $73.39.

A number of equities research analysts recently commented on GWR shares. TheStreet raised shares of Genesee & Wyoming from a “c+” rating to a “b-” rating in a research report on Tuesday, December 19th. Zacks Investment Research raised shares of Genesee & Wyoming from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a research report on Tuesday, January 30th. Cowen reissued a “buy” rating and set a $81.00 target price on shares of Genesee & Wyoming in a research report on Wednesday, November 1st. Bank of America increased their target price on shares of Genesee & Wyoming from $79.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $76.00 target price on shares of Genesee & Wyoming in a research report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $83.00.

The company has a current ratio of 1.30, a quick ratio of 1.18 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $4,626.40, a P/E ratio of 32.70, a PEG ratio of 2.17 and a beta of 1.71.

Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings results on Thursday, February 8th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.02. Genesee & Wyoming had a net margin of 6.10% and a return on equity of 5.80%. The business had revenue of $571.60 million for the quarter, compared to analyst estimates of $566.73 million. During the same quarter in the prior year, the business posted $0.99 EPS. Genesee & Wyoming’s revenue for the quarter was up 10.7% compared to the same quarter last year. sell-side analysts expect that Genesee & Wyoming Inc will post 2.9 earnings per share for the current year.

In other Genesee & Wyoming news, insider John C. Hellmann sold 12,332 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $73.71, for a total transaction of $908,991.72. Following the transaction, the insider now owns 404,076 shares in the company, valued at approximately $29,784,441.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.45% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Global X Management Co. LLC increased its stake in shares of Genesee & Wyoming by 75.2% in the fourth quarter. Global X Management Co. LLC now owns 4,265 shares of the transportation company’s stock worth $336,000 after acquiring an additional 1,830 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Genesee & Wyoming by 12.9% in the fourth quarter. The Manufacturers Life Insurance Company now owns 101,983 shares of the transportation company’s stock worth $8,029,000 after acquiring an additional 11,613 shares during the period. Wells Fargo & Company MN increased its stake in shares of Genesee & Wyoming by 13.6% in the fourth quarter. Wells Fargo & Company MN now owns 543,142 shares of the transportation company’s stock worth $42,761,000 after acquiring an additional 64,912 shares during the period. New Mexico Educational Retirement Board acquired a new stake in shares of Genesee & Wyoming in the fourth quarter worth $1,199,000. Finally, Swiss National Bank increased its stake in shares of Genesee & Wyoming by 2.4% in the fourth quarter. Swiss National Bank now owns 104,950 shares of the transportation company’s stock worth $8,263,000 after acquiring an additional 2,500 shares during the period. Hedge funds and other institutional investors own 96.49% of the company’s stock.

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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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