Genesee & Wyoming (NYSE:GWR) Upgraded at TheStreet

Genesee & Wyoming (NYSE:GWR) was upgraded by equities research analysts at TheStreet from a “c+” rating to a “b-” rating in a note issued to investors on Tuesday, December 19th.

Several other equities analysts also recently issued reports on GWR. Bank of America increased their price objective on shares of Genesee & Wyoming from $79.00 to $83.00 and gave the company a “buy” rating in a report on Friday, November 10th. Zacks Investment Research upgraded shares of Genesee & Wyoming from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Cowen restated a “buy” rating and set a $81.00 price objective on shares of Genesee & Wyoming in a research report on Wednesday, November 1st. Finally, Stifel Nicolaus restated a “hold” rating and set a $76.00 price objective on shares of Genesee & Wyoming in a research report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $80.20.

Genesee & Wyoming (NYSE:GWR) opened at $83.13 on Tuesday. The stock has a market cap of $5,190.00, a P/E ratio of 39.40, a price-to-earnings-growth ratio of 2.54 and a beta of 1.81. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.18 and a current ratio of 1.30. Genesee & Wyoming has a 52 week low of $61.44 and a 52 week high of $84.40.

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 the consensus estimate of $0.83 by ($0.02). Genesee & Wyoming had a net margin of 6.10% and a return on equity of 5.80%. The business had revenue of $576.90 million during the quarter, compared to analysts’ expectations of $573.60 million. During the same period last year, the company earned $0.95 earnings per share. The firm’s revenue was up 15.1% on a year-over-year basis. equities research analysts expect that Genesee & Wyoming will post 2.9 earnings per share for the current fiscal year.

In related news, insider John C. Hellmann sold 12,332 shares of Genesee & Wyoming stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $73.71, for a total value of $908,991.72. Following the completion of the transaction, the insider now owns 404,076 shares in the company, valued at $29,784,441.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.45% of the stock is owned by insiders.

Institutional investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC increased its stake in Genesee & Wyoming by 20.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 22,900 shares of the transportation company’s stock valued at $1,803,000 after buying an additional 3,900 shares during the period. Parametric Portfolio Associates LLC boosted its position in shares of Genesee & Wyoming by 9.1% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 230,090 shares of the transportation company’s stock worth $17,029,000 after purchasing an additional 19,242 shares in the last quarter. DF Dent & Co. Inc. boosted its position in shares of Genesee & Wyoming by 1,946.8% during the 3rd quarter. DF Dent & Co. Inc. now owns 148,965 shares of the transportation company’s stock worth $11,025,000 after purchasing an additional 141,687 shares in the last quarter. California Public Employees Retirement System boosted its position in shares of Genesee & Wyoming by 3.4% during the 3rd quarter. California Public Employees Retirement System now owns 90,890 shares of the transportation company’s stock worth $6,727,000 after purchasing an additional 2,990 shares in the last quarter. Finally, Granahan Investment Management Inc. MA boosted its position in shares of Genesee & Wyoming by 54.9% during the 3rd quarter. Granahan Investment Management Inc. MA now owns 87,736 shares of the transportation company’s stock worth $6,493,000 after purchasing an additional 31,105 shares in the last quarter. 96.21% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Genesee & Wyoming (NYSE:GWR)

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