Trade Report: Today, 11,317 Shares of Genesee & Wyoming Inc. (GWR) Stock are sold by John C. Hellmann

Today, 11,317 Shares of Genesee & Wyoming Inc. (GWR) Stock are sold by John C. Hellmann

Genesee & Wyoming Inc. (NYSE:GWR) insider John C. Hellmann sold 11,317 shares of the company’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $76.18, for a total value of $862,129.06. Following the completion of the sale, the insider now owns 361,611 shares in the company, valued at approximately $27,547,525.98. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Genesee & Wyoming Inc. (NYSE:GWR) opened at 76.50 on Friday. The company’s 50-day moving average price is $69.87 and its 200-day moving average price is $65.20. The firm has a market capitalization of $4.44 billion, a P/E ratio of 20.41 and a beta of 1.51. Genesee & Wyoming Inc. has a 1-year low of $41.56 and a 1-year high of $77.81.

Genesee & Wyoming (NYSE:GWR) last released its quarterly earnings results on Tuesday, November 1st. The company reported $0.95 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.95. Genesee & Wyoming had a return on equity of 7.58% and a net margin of 10.86%. The business had revenue of $501 million for the quarter, compared to the consensus estimate of $504.38 million. During the same quarter last year, the business posted $1.09 earnings per share. The company’s revenue for the quarter was down 8.3% on a year-over-year basis. Equities research analysts expect that Genesee & Wyoming Inc. will post $3.53 earnings per share for the current fiscal year.

GWR has been the topic of a number of analyst reports. Credit Suisse Group AG reiterated a “buy” rating and issued a $73.00 price target (up previously from $70.00) on shares of Genesee & Wyoming in a research report on Tuesday, August 16th. Zacks Investment Research upgraded Genesee & Wyoming from a “hold” rating to a “buy” rating and set a $75.00 price target on the stock in a research report on Wednesday, October 5th. Cowen and Company reiterated an “outperform” rating and issued a $77.00 price target (up previously from $73.00) on shares of Genesee & Wyoming in a research report on Friday, October 21st. Finally, Deutsche Bank AG initiated coverage on Genesee & Wyoming in a research report on Wednesday, November 2nd. They issued a “hold” rating and a $70.00 price target on the stock. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Genesee & Wyoming presently has an average rating of “Hold” and an average target price of $69.25.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GWR. Bank of Montreal Can bought a new position in Genesee & Wyoming during the second quarter valued at approximately $9,056,000. Aristotle Capital Boston LLC increased its position in Genesee & Wyoming by 3.8% in the second quarter. Aristotle Capital Boston LLC now owns 73,988 shares of the company’s stock valued at $4,362,000 after buying an additional 2,717 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Genesee & Wyoming by 20.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,145,078 shares of the company’s stock valued at $67,496,000 after buying an additional 191,484 shares in the last quarter. Bradley Foster & Sargent Inc. CT increased its position in Genesee & Wyoming by 37.9% in the second quarter. Bradley Foster & Sargent Inc. CT now owns 136,415 shares of the company’s stock valued at $8,042,000 after buying an additional 37,523 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in Genesee & Wyoming by 11.7% in the second quarter. Principal Financial Group Inc. now owns 212,691 shares of the company’s stock valued at $12,538,000 after buying an additional 22,322 shares in the last quarter. Hedge funds and other institutional investors own 99.39% of the company’s stock.

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