Villere ST Denis J & Co. LLC cut its stake in Genesee & Wyoming, Inc. (NYSE:GWR) by 1.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 938,344 shares of the transportation company’s stock after selling 17,550 shares during the period. Genesee & Wyoming makes up 4.1% of Villere ST Denis J & Co. LLC’s investment portfolio, making the stock its 13th largest position. Villere ST Denis J & Co. LLC owned about 1.51% of Genesee & Wyoming worth $69,446,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. boosted its position in shares of Genesee & Wyoming by 0.5% in the second quarter. Advisors Asset Management Inc. now owns 7,676 shares of the transportation company’s stock worth $525,000 after acquiring an additional 35 shares during the last quarter. Teacher Retirement System of Texas boosted its position in shares of Genesee & Wyoming by 1.8% in the second quarter. Teacher Retirement System of Texas now owns 4,963 shares of the transportation company’s stock worth $339,000 after acquiring an additional 89 shares during the last quarter. World Asset Management Inc boosted its position in shares of Genesee & Wyoming by 2.4% in the second quarter. World Asset Management Inc now owns 3,881 shares of the transportation company’s stock worth $265,000 after acquiring an additional 91 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Genesee & Wyoming by 0.3% in the first quarter. Public Employees Retirement System of Ohio now owns 54,072 shares of the transportation company’s stock worth $3,669,000 after acquiring an additional 160 shares during the last quarter. Finally, Guyasuta Investment Advisors Inc. boosted its position in shares of Genesee & Wyoming by 1.2% in the second quarter. Guyasuta Investment Advisors Inc. now owns 15,109 shares of the transportation company’s stock worth $1,033,000 after acquiring an additional 180 shares during the last quarter. 95.92% of the stock is currently owned by institutional investors and hedge funds.

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In other Genesee & Wyoming news, insider Christopher F. Liucci sold 1,401 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The stock was sold at an average price of $66.92, for a total transaction of $93,754.92. Following the completion of the sale, the insider now owns 22,982 shares of the company’s stock, valued at $1,537,955.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Timothy J. Gallagher sold 5,073 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $66.84, for a total value of $339,079.32. Following the sale, the chief financial officer now directly owns 56,951 shares of the company’s stock, valued at approximately $3,806,604.84. The disclosure for this sale can be found here. Insiders have sold 30,931 shares of company stock valued at $2,058,531 in the last ninety days. Company insiders own 3.45% of the company’s stock.

Genesee & Wyoming (NYSE:GWR) last released its quarterly earnings data on Tuesday, October 31st. The transportation company reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.02). Genesee & Wyoming had a return on equity of 5.80% and a net margin of 6.10%. The firm had revenue of $576.90 million during the quarter, compared to analyst estimates of $573.60 million. During the same quarter in the prior year, the company posted $0.95 EPS. The company’s quarterly revenue was up 15.1% on a year-over-year basis.

Several equities research analysts recently issued reports 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 reissued a “buy” rating and issued a $75.00 target price on shares of Genesee & Wyoming in a research report on Tuesday, July 11th. Zacks Investment Research raised shares of Genesee & Wyoming from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a research report on Monday, July 17th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Genesee & Wyoming in a research report on Tuesday, July 11th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $76.00 price target on shares of Genesee & Wyoming in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $78.80.

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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