Capstone Asset Management Co. boosted its stake in shares of Genesee & Wyoming, Inc. (NYSE:GWR) by 5.2% during the second quarter, Holdings Channel reports. The firm owned 5,083 shares of the transportation company’s stock after buying an additional 250 shares during the period. Capstone Asset Management Co.’s holdings in Genesee & Wyoming were worth $348,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. 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 period. 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 period. 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 period. 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 period. 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 period. Institutional investors and hedge funds own 95.89% of the company’s stock.

Shares of Genesee & Wyoming, Inc. (NYSE:GWR) traded down 1.87% on Thursday, hitting $66.26. 101,837 shares of the stock traded hands. The firm’s 50 day moving average is $67.27 and its 200 day moving average is $68.49. The firm has a market capitalization of $4.13 billion, a PE ratio of 29.04 and a beta of 1.71. Genesee & Wyoming, Inc. has a 52 week low of $61.44 and a 52 week high of $80.73.

Genesee & Wyoming (NYSE:GWR) last announced its quarterly earnings data on Tuesday, August 1st. The transportation company reported $0.80 EPS for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.07. The business had revenue of $540.43 million for 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 revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.81 earnings per share. On average, analysts expect that Genesee & Wyoming, Inc. will post $3.00 EPS for the current fiscal year.

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Several equities research analysts recently commented on the stock. BidaskClub downgraded shares of Genesee & Wyoming from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th. Zacks Investment Research downgraded shares of Genesee & Wyoming from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Morgan Stanley reiterated an “equal weight” rating on shares of Genesee & Wyoming in a research report on Tuesday, July 11th. Cowen and Company reiterated a “buy” rating and issued a $75.00 target price on shares of Genesee & Wyoming in a research report on Tuesday, July 11th. Finally, Bank of America Corporation upgraded shares of Genesee & Wyoming from a “neutral” rating to a “buy” rating and increased their target price for the stock from $42.21 to $76.00 in a research report on Wednesday, April 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. Genesee & Wyoming 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 business’s stock in a transaction on Friday, May 26th. The shares were sold at an average price of $65.81, for a total value of $176,897.28. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Albert J. Neupaver acquired 1,560 shares of the business’s 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 transaction, the director now owns 5,910 shares of the company’s stock, valued at $382,790.70. The disclosure for this purchase can be found here. In the last three months, insiders sold 8,407 shares of company stock worth $554,349. 3.80% of the stock is currently owned by 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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Institutional Ownership by Quarter for Genesee & Wyoming (NYSE:GWR)

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