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First National Bank of Omaha Holds Position in Genesee & Wyoming, Inc. (NYSE:GWR)
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Several other large investors also recently added to or reduced their stakes in GWR. Stephens Inc. AR increased its stake 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 last quarter. 1st Global Advisors Inc. increased its stake in shares of 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 in the last quarter. Public Employees Retirement Association of Colorado increased its stake in shares of 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 in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in shares of 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 in the last quarter. Finally, Public Employees Retirement System of Ohio increased its stake in shares of 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 in the last quarter. 96.92% of the stock is owned by institutional investors.
Genesee & Wyoming, Inc. (GWR) traded up 0.08% on Friday, reaching $66.69. The company’s stock had a trading volume of 203,284 shares. Genesee & Wyoming, Inc. has a 12 month low of $61.44 and a 12 month high of $80.73. The firm has a 50 day moving average of $67.08 and a 200 day moving average of $69.05. The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 28.29 and a beta of 1.73.
Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings results on Tuesday, May 2nd. The transportation company reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by $0.12. Genesee & Wyoming had a net margin of 6.89% and a return on equity of 6.61%. The firm had revenue of $519.10 million for the quarter, compared to analysts’ expectations of $516.98 million. During the same period in the prior year, the company earned $0.77 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. Analysts anticipate that Genesee & Wyoming, Inc. will post $3.00 earnings per share for the current year.
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Several equities research analysts have issued reports on the company. BidaskClub raised Genesee & Wyoming from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Genesee & Wyoming in a report on Tuesday, April 11th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Genesee & Wyoming in a report on Tuesday, July 11th. Zacks Investment Research raised Genesee & Wyoming from a “hold” rating to a “buy” rating and set a $76.00 price target for the company in a report on Monday. Finally, Cowen and Company reaffirmed a “buy” rating and set a $75.00 price target on shares of Genesee & Wyoming in a report on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Genesee & Wyoming has an average rating of “Hold” and a consensus price target of $75.67.
In other news, insider John C. Hellmann sold 14,825 shares of the company’s stock in a transaction on Monday, April 24th. The stock was sold at an average price of $68.49, for a total transaction of $1,015,364.25. Following the transaction, the insider now owns 406,229 shares of the company’s stock, valued at approximately $27,822,624.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Allison M. Fergus sold 2,688 shares of the company’s stock in a transaction on Friday, May 26th. The shares were sold at an average price of $65.81, for a total value of $176,897.28. The disclosure for this sale can be found here. Insiders have sold a total of 23,232 shares of company stock worth $1,569,713 in the last ninety days. Insiders own 3.80% of the company’s stock.
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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