Genesee & Wyoming, Inc. (NYSE:GWR) EVP Matthew O. Walsh sold 3,808 shares of the firm’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $67.03, for a total transaction of $255,250.24. Following the completion of the sale, the executive vice president now owns 105,722 shares of the company’s stock, valued at approximately $7,086,545.66. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Genesee & Wyoming, Inc. (NYSE GWR) opened at 69.10 on Friday. The stock’s 50 day moving average is $66.76 and its 200 day moving average is $67.49. Genesee & Wyoming, Inc. has a 12 month low of $61.44 and a 12 month high of $80.73. The firm has a market cap of $4.31 billion, a PE ratio of 30.28 and a beta of 1.69.

Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings data on Tuesday, August 1st. The transportation company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.07. The business had revenue of $540.43 million during the quarter, compared to analyst estimates of $539.59 million. Genesee & Wyoming had a net margin of 6.64% and a return on equity of 6.32%. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the business earned $0.81 EPS. Analysts forecast that Genesee & Wyoming, Inc. will post $3.00 EPS for the current fiscal year.

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Several equities research analysts have weighed in on GWR shares. BidaskClub cut shares of Genesee & Wyoming from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Cowen and Company restated a “buy” rating and issued a $75.00 price objective on shares of Genesee & Wyoming in a research report on Tuesday, July 11th. Zacks Investment Research upgraded shares of Genesee & Wyoming from a “hold” rating to a “buy” rating and set a $76.00 price objective for the company in a research report on Monday, July 17th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Genesee & Wyoming in a research report on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $75.67.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bronfman E.L. Rothschild L.P. raised its position 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 worth $105,000 after buying an additional 120 shares during the period. Neuburgh Advisers LLC raised its position 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 worth $115,000 after buying an additional 224 shares during the period. Global X Management Co. LLC raised its position in shares of Genesee & Wyoming by 221.8% in the second quarter. Global X Management Co. LLC now owns 1,947 shares of the transportation company’s stock worth $133,000 after buying an additional 1,342 shares during the period. Creative Planning raised its position 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 worth $153,000 after buying an additional 181 shares during the period. Finally, Glen Harbor Capital Management LLC raised its position 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 worth $158,000 after buying an additional 308 shares during the period. Institutional investors and hedge funds own 96.22% 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.

Insider Buying and Selling by Quarter for Genesee & Wyoming (NYSE:GWR)

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