Epoch Investment Partners Inc. cut its stake in Genesee & Wyoming Inc (NYSE:GWR) by 8.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 367,519 shares of the transportation company’s stock after selling 34,558 shares during the quarter. Epoch Investment Partners Inc. owned about 0.61% of Genesee & Wyoming worth $33,440,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Institute for Wealth Management LLC. grew its position in shares of Genesee & Wyoming by 4.6% in the second quarter. Institute for Wealth Management LLC. now owns 13,280 shares of the transportation company’s stock valued at $1,075,000 after purchasing an additional 581 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in Genesee & Wyoming by 3.0% during the second quarter. Oregon Public Employees Retirement Fund now owns 23,770 shares of the transportation company’s stock worth $1,933,000 after buying an additional 687 shares in the last quarter. Mutual of America Capital Management LLC grew its position in Genesee & Wyoming by 1.4% during the second quarter. Mutual of America Capital Management LLC now owns 51,726 shares of the transportation company’s stock worth $4,206,000 after buying an additional 739 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Genesee & Wyoming by 24.1% during the second quarter. Envestnet Asset Management Inc. now owns 4,744 shares of the transportation company’s stock worth $386,000 after buying an additional 921 shares in the last quarter. Finally, Ancora Advisors LLC purchased a new position in Genesee & Wyoming during the third quarter worth about $100,000. Institutional investors own 93.14% of the company’s stock.

GWR opened at $80.19 on Friday. Genesee & Wyoming Inc has a 12-month low of $67.61 and a 12-month high of $92.91. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.33 and a quick ratio of 1.22. The stock has a market capitalization of $4.73 billion, a PE ratio of 22.04, a PEG ratio of 1.19 and a beta of 1.75.

Genesee & Wyoming (NYSE:GWR) last posted its quarterly earnings data on Tuesday, October 30th. The transportation company reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.07. Genesee & Wyoming had a return on equity of 5.81% and a net margin of 26.25%. The firm had revenue of $603.30 million during the quarter, compared to analysts’ expectations of $594.40 million. During the same period in the prior year, the business earned $0.81 EPS. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. As a group, equities research analysts expect that Genesee & Wyoming Inc will post 3.83 EPS for the current year.

Several equities analysts recently commented on GWR shares. JPMorgan Chase & Co. cut Genesee & Wyoming from an “overweight” rating to a “neutral” rating in a research report on Friday, October 12th. Credit Suisse Group cut Genesee & Wyoming from an “outperform” rating to an “underperform” rating and reduced their target price for the stock from $90.00 to $71.00 in a research report on Friday, November 2nd. Morgan Stanley reduced their target price on Genesee & Wyoming from $75.00 to $74.00 and set a “sell” rating for the company in a research report on Wednesday, October 31st. Zacks Investment Research upgraded Genesee & Wyoming from a “sell” rating to a “hold” rating and set a $96.00 target price for the company in a research report on Thursday, October 11th. Finally, Citigroup cut Genesee & Wyoming from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Genesee & Wyoming presently has a consensus rating of “Hold” and a consensus price target of $87.70.

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Genesee & Wyoming Company Profile

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.

Further Reading: What is an investor looking for in an SEC filing?

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

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