Bradley Foster & Sargent Inc. CT decreased its stake in Genesee & Wyoming, Inc. (NYSE:GWR) by 10.5% during the third quarter, Holdings Channel reports. The firm owned 122,049 shares of the company’s stock after selling 14,366 shares during the period. Bradley Foster & Sargent Inc. CT owned 0.21% of Genesee & Wyoming worth $8,415,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning raised its position in shares of Genesee & Wyoming by 135.9% in the third quarter. Creative Planning now owns 2,359 shares of the company’s stock valued at $163,000 after buying an additional 1,359 shares during the period. LS Investment Advisors LLC raised its position in shares of Genesee & Wyoming by 72.1% in the second quarter. LS Investment Advisors LLC now owns 3,524 shares of the company’s stock valued at $208,000 after buying an additional 1,476 shares during the period. Gilman Hill Asset Management LLC acquired a new position in shares of Genesee & Wyoming during the third quarter valued at approximately $232,000. Barclays PLC raised its position in shares of Genesee & Wyoming by 11.9% in the second quarter. Barclays PLC now owns 3,930 shares of the company’s stock valued at $233,000 after buying an additional 419 shares during the period. Finally, World Asset Management Inc acquired a new position in shares of Genesee & Wyoming during the third quarter valued at approximately $256,000. Institutional investors own 96.56% of the company’s stock.

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

Genesee & Wyoming, Inc. (NYSE:GWR) traded up 1.92% during mid-day trading on Friday, reaching $73.64. 82,933 shares of the company’s stock traded hands. The firm has a market cap of $4.28 billion, a PE ratio of 19.65 and a beta of 1.54. Genesee & Wyoming, Inc. has a 1-year low of $41.56 and a 1-year high of $80.73. The firm has a 50 day moving average of $73.22 and a 200 day moving average of $68.24.

Genesee & Wyoming (NYSE:GWR) last announced its quarterly earnings data on Tuesday, November 1st. The company reported $0.95 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.95. The business had revenue of $501 million for the quarter, compared to analyst estimates of $504.38 million. Genesee & Wyoming had a net margin of 10.86% and a return on equity of 7.58%. The firm’s revenue for the quarter was down 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.09 earnings per share. Analysts forecast that Genesee & Wyoming, Inc. will post $3.54 EPS for the current year.

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Several brokerages have recently commented on GWR. Cowen and Company restated an “outperform” rating and set a $77.00 price target (up previously from $73.00) on shares of Genesee & Wyoming in a research note on Friday, October 21st. Zacks Investment Research lowered shares of Genesee & Wyoming from a “buy” rating to a “hold” rating in a research note on Monday, October 17th. Finally, Deutsche Bank AG began coverage on shares of Genesee & Wyoming in a research note on Wednesday, November 2nd. They issued a “hold” rating and a $70.00 target price on the stock. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $68.50.

In other news, insider John C. Hellmann sold 11,317 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $76.18, for a total value of $862,129.06. Following the sale, the insider now owns 361,611 shares of the company’s stock, valued at $27,547,525.98. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Mortimer B. Fuller III sold 28,000 shares of the business’s stock in a transaction on Tuesday, December 20th. The stock was sold at an average price of $71.44, for a total transaction of $2,000,320.00. Following the completion of the sale, the director now directly owns 53,677 shares in the company, valued at approximately $3,834,684.88. The disclosure for this sale can be found here. 3.80% of the stock is currently owned by insiders.

About Genesee & Wyoming

Genesee & Wyoming Inc owns and operates over 120 freight railroads across the world, which are organized in approximately 10 regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations. In the United States, the Company has over eight regions, such as Central, Coastal (which includes industrial switching and port operations), Midwest, Mountain West (which includes industrial switching operations), Northeast, Ohio Valley, Pacific and Southern.

5 Day Chart for NYSE:GWR

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