The Genesee & Wyoming Inc. (GWR) Insider Sold $862,129.06 in Stock

The Genesee & Wyoming Inc. (GWR) Insider Sold $862,129.06 in Stock

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 stock was sold at an average price of $76.18, for a total transaction of $862,129.06. Following the completion of the sale, the insider now directly owns 361,611 shares in the company, valued at approximately $27,547,525.98. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Genesee & Wyoming Inc. (NYSE:GWR) opened at 76.96 on Monday. The firm has a market capitalization of $4.47 billion, a P/E ratio of 20.53 and a beta of 1.51. Genesee & Wyoming Inc. has a 52-week low of $41.56 and a 52-week high of $77.81. The firm’s 50-day moving average is $70.16 and its 200-day moving average is $65.32.

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

Several equities research analysts have recently weighed in on the stock. Credit Suisse Group AG reaffirmed a “buy” rating and issued a $73.00 target price (up previously from $70.00) on shares of Genesee & Wyoming in a report on Tuesday, August 16th. Cowen and Company lowered their target price on shares of Genesee & Wyoming from $77.00 to $72.00 and set an “outperform” rating on the stock in a report on Wednesday, November 2nd. Deutsche Bank AG assumed coverage on shares of Genesee & Wyoming in a report on Wednesday, November 2nd. They issued a “hold” rating and a $70.00 target price on the stock. Finally, Zacks Investment Research lowered shares of Genesee & Wyoming from a “buy” rating to a “hold” rating in a report on Monday, October 17th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $69.25.

A number of hedge funds and other institutional investors have recently bought and sold shares of GWR. LS Investment Advisors LLC increased its position in Genesee & Wyoming by 72.1% in the second quarter. LS Investment Advisors LLC now owns 3,524 shares of the company’s stock worth $208,000 after buying an additional 1,476 shares during the period. IBM Retirement Fund increased its position in Genesee & Wyoming by 0.5% in the second quarter. IBM Retirement Fund now owns 5,715 shares of the company’s stock worth $337,000 after buying an additional 26 shares during the period. 1st Global Advisors Inc. increased its position in Genesee & Wyoming by 1.3% in the second quarter. 1st Global Advisors Inc. now owns 6,326 shares of the company’s stock worth $373,000 after buying an additional 84 shares during the period. Thomson Horstmann & Bryant Inc. increased its position in Genesee & Wyoming by 61.9% in the second quarter. Thomson Horstmann & Bryant Inc. now owns 11,238 shares of the company’s stock worth $662,000 after buying an additional 4,298 shares during the period. Finally, Eagle Boston Investment Management Inc. increased its position in Genesee & Wyoming by 2.5% in the second quarter. Eagle Boston Investment Management Inc. now owns 106,134 shares of the company’s stock worth $6,256,000 after buying an additional 2,586 shares during the period. 96.64% of the stock is owned by institutional investors and hedge funds.

Genesee & Wyoming Company Profile

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