American Capital Management Inc. Has $527,000 Stake in Genesee & Wyoming, Inc. (NYSE:GWR)

American Capital Management Inc. cut its stake in Genesee & Wyoming, Inc. (NYSE:GWR) by 4.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,700 shares of the transportation company’s stock after selling 400 shares during the period. American Capital Management Inc.’s holdings in Genesee & Wyoming were worth $527,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of GWR. 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 during the last quarter. Neuburgh Advisers LLC increased its stake in shares of Genesee & Wyoming by 15.2% in the first quarter. Neuburgh Advisers LLC now owns 1,696 shares of the transportation company’s stock valued at $115,000 after buying an additional 224 shares during the last quarter. Creative Planning increased its stake in shares of Genesee & Wyoming by 8.7% in the first quarter. Creative Planning now owns 2,262 shares of the transportation company’s stock valued at $153,000 after buying an additional 181 shares during the last quarter. Glen Harbor Capital Management LLC increased its stake in shares of Genesee & Wyoming by 15.2% in the first quarter. Glen Harbor Capital Management LLC now owns 2,332 shares of the transportation company’s stock valued at $158,000 after buying an additional 308 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Genesee & Wyoming by 34.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,445 shares of the transportation company’s stock valued at $166,000 after buying an additional 631 shares during the last quarter. 95.83% of the stock is owned by institutional investors.

Genesee & Wyoming, Inc. (NYSE GWR) opened at 65.50 on Wednesday. Genesee & Wyoming, Inc. has a 1-year low of $61.44 and a 1-year high of $80.73. The firm has a market cap of $4.08 billion, a PE ratio of 27.79 and a beta of 1.71. The company has a 50 day moving average price of $67.28 and a 200 day moving average price of $68.71.

Genesee & Wyoming (NYSE:GWR) last issued 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 company had revenue of $540.43 million for the quarter, compared to the consensus estimate of $539.59 million. Genesee & Wyoming had a return on equity of 6.61% and a net margin of 6.89%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business posted $0.81 earnings per share. On average, equities research analysts forecast that Genesee & Wyoming, Inc. will post $3.00 earnings per share for the current year.

Several equities research analysts have recently weighed in on GWR shares. Bank of America Corporation raised Genesee & Wyoming from a “neutral” rating to a “buy” rating and upped their target price for the stock from $42.21 to $76.00 in a research report on Wednesday, April 19th. Zacks Investment Research upgraded Genesee & Wyoming from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a research note on Monday, July 17th. Cowen and Company reiterated a “buy” rating and issued a $75.00 price target on shares of Genesee & Wyoming in a research note on Tuesday, July 11th. Morgan Stanley reiterated an “equal weight” rating on shares of Genesee & Wyoming in a research note on Tuesday, July 11th. Finally, BidaskClub upgraded Genesee & Wyoming from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $75.67.

In other news, General Counsel Allison M. Fergus sold 2,688 shares of the firm’s stock in a transaction dated Friday, May 26th. The stock was sold at an average price of $65.81, for a total value of $176,897.28. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Albert J. Neupaver purchased 1,560 shares of the stock in a transaction dated Wednesday, May 24th. The stock was acquired at an average cost of $64.77 per share, for a total transaction of $101,041.20. Following the completion of the transaction, the director now owns 5,910 shares of the company’s stock, valued at approximately $382,790.70. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 8,407 shares of company stock worth $554,349. 3.80% of the stock is currently owned by company insiders.

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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