Genesee & Wyoming Inc (NYSE:GWR) Stake Lifted by American Century Companies Inc.

American Century Companies Inc. grew its position in shares of Genesee & Wyoming Inc (NYSE:GWR) by 352.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,190 shares of the transportation company’s stock after buying an additional 9,496 shares during the quarter. American Century Companies Inc.’s holdings in Genesee & Wyoming were worth $863,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. UBS Asset Management Americas Inc. lifted its position in shares of Genesee & Wyoming by 1.7% during the 4th quarter. UBS Asset Management Americas Inc. now owns 47,009 shares of the transportation company’s stock worth $3,701,000 after buying an additional 786 shares in the last quarter. Mutual of America Capital Management LLC lifted its position in shares of Genesee & Wyoming by 1.7% during the 4th quarter. Mutual of America Capital Management LLC now owns 50,291 shares of the transportation company’s stock worth $3,959,000 after buying an additional 838 shares in the last quarter. First Mercantile Trust Co. lifted its position in shares of Genesee & Wyoming by 23.5% during the 4th quarter. First Mercantile Trust Co. now owns 4,750 shares of the transportation company’s stock worth $374,000 after buying an additional 905 shares in the last quarter. Eagle Asset Management Inc. lifted its position in shares of Genesee & Wyoming by 0.8% during the 4th quarter. Eagle Asset Management Inc. now owns 128,518 shares of the transportation company’s stock worth $10,035,000 after buying an additional 1,029 shares in the last quarter. Finally, Jacobs & Co. CA lifted its position in shares of Genesee & Wyoming by 4.5% during the 4th quarter. Jacobs & Co. CA now owns 24,047 shares of the transportation company’s stock worth $1,871,000 after buying an additional 1,040 shares in the last quarter. 95.74% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have commented on GWR shares. Goldman Sachs Group started coverage on shares of Genesee & Wyoming in a research report on Tuesday, April 10th. They set a “neutral” rating and a $76.00 target price on the stock. Zacks Investment Research cut shares of Genesee & Wyoming from a “hold” rating to a “sell” rating in a research report on Thursday, April 19th. Morgan Stanley lifted their price target on shares of Genesee & Wyoming to $75.00 and gave the stock an “equal weight” rating in a report on Monday, May 7th. Credit Suisse Group lowered their price target on shares of Genesee & Wyoming from $83.00 to $80.00 and set an “outperform” rating on the stock in a report on Wednesday, May 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $90.00 price target on shares of Genesee & Wyoming in a report on Saturday, June 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $82.89.



GWR stock traded up $2.01 during midday trading on Thursday, reaching $80.56. 483,000 shares of the company’s stock traded hands, compared to its average volume of 503,721. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.42 and a quick ratio of 1.30. Genesee & Wyoming Inc has a 52 week low of $63.70 and a 52 week high of $84.40. The stock has a market capitalization of $4.89 billion, a price-to-earnings ratio of 27.68, a PEG ratio of 1.30 and a beta of 1.72.

Genesee & Wyoming (NYSE:GWR) last issued its earnings results on Tuesday, May 1st. The transportation company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.03). Genesee & Wyoming had a net margin of 26.41% and a return on equity of 5.29%. The business had revenue of $547.70 million for the quarter, compared to the consensus estimate of $572.60 million. During the same period in the previous year, the firm earned $0.53 EPS. The company’s revenue was up 5.5% compared to the same quarter last year. equities research analysts anticipate that Genesee & Wyoming Inc will post 3.84 EPS for the current year.

In other Genesee & Wyoming news, insider Christopher F. Liucci sold 1,000 shares of the business’s stock in a transaction on Monday, May 7th. The shares were sold at an average price of $74.72, for a total transaction of $74,720.00. Following the sale, the insider now owns 21,189 shares of the company’s stock, valued at approximately $1,583,242.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 2,300 shares of company stock worth $177,230 in the last three months. Insiders own 2.41% of the company’s stock.

About Genesee & Wyoming

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

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

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