Profund Advisors LLC Has $490,000 Stock Position in Genesee & Wyoming Inc (NYSE:GWR)

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Profund Advisors LLC reduced its holdings in Genesee & Wyoming Inc (NYSE:GWR) by 9.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,898 shares of the transportation company’s stock after selling 485 shares during the quarter. Profund Advisors LLC’s holdings in Genesee & Wyoming were worth $490,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Swiss National Bank lifted its holdings in shares of Genesee & Wyoming by 1.3% in the 1st quarter. Swiss National Bank now owns 106,450 shares of the transportation company’s stock worth $9,276,000 after acquiring an additional 1,400 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Genesee & Wyoming by 319.1% in the second quarter. SG Americas Securities LLC now owns 18,220 shares of the transportation company’s stock valued at $1,822,000 after acquiring an additional 13,873 shares during the last quarter. Nisa Investment Advisors LLC raised its position in Genesee & Wyoming by 1.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 9,800 shares of the transportation company’s stock worth $980,000 after purchasing an additional 100 shares during the last quarter. Commonwealth Bank of Australia raised its position in shares of Genesee & Wyoming by 63.4% during the 2nd quarter. Commonwealth Bank of Australia now owns 6,700 shares of the transportation company’s stock valued at $670,000 after acquiring an additional 2,600 shares during the last quarter. Finally, Arizona State Retirement System raised its position in shares of Genesee & Wyoming by 1.5% during the 2nd quarter. Arizona State Retirement System now owns 41,019 shares of the transportation company’s stock valued at $4,102,000 after acquiring an additional 601 shares during the last quarter. Hedge funds and other institutional investors own 91.44% of the company’s stock.

A number of research firms have recently commented on GWR. Zacks Investment Research downgraded shares of Genesee & Wyoming from a “hold” rating to a “sell” rating and set a $114.00 price objective for the company. in a research note on Tuesday, July 2nd. Cowen restated an “outperform” rating and set a $112.00 target price (up previously from $96.00) on shares of Genesee & Wyoming in a research report on Tuesday, July 2nd. Credit Suisse Group upgraded shares of Genesee & Wyoming from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $75.00 to $112.00 in a research report on Monday, July 1st. Stifel Nicolaus lowered shares of Genesee & Wyoming from a “buy” rating to a “hold” rating and set a $112.00 target price on the stock. in a research report on Monday, July 1st. Finally, Stephens set a $112.00 target price on shares of Genesee & Wyoming and gave the stock a “hold” rating in a research note on Monday, July 1st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $102.81.

GWR traded up $0.01 during trading on Thursday, hitting $110.51. 5,315 shares of the stock traded hands, compared to its average volume of 500,938. The firm has a market capitalization of $6.29 billion, a P/E ratio of 28.70 and a beta of 1.35. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.09 and a quick ratio of 0.99. The firm has a 50-day moving average of $110.29 and a 200 day moving average of $97.69. Genesee & Wyoming Inc has a 12-month low of $68.27 and a 12-month high of $110.99.

Genesee & Wyoming (NYSE:GWR) last announced its quarterly earnings results on Wednesday, August 7th. The transportation company reported $1.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.07 by ($0.04). The firm had revenue of $571.48 million for the quarter, compared to analysts’ expectations of $594.19 million. Genesee & Wyoming had a net margin of 9.33% and a return on equity of 6.41%. As a group, equities analysts predict that Genesee & Wyoming Inc will post 4.34 EPS for the current fiscal year.

In other Genesee & Wyoming news, insider John C. Hellmann sold 23,469 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $110.00, for a total transaction of $2,581,590.00. Following the completion of the sale, the insider now owns 445,316 shares of the company’s stock, valued at approximately $48,984,760. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.72% of the company’s stock.

About Genesee & Wyoming

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.

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

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