Genesee & Wyoming (GWR) Shares Bought by Eagle Boston Investment Management Inc.

Eagle Boston Investment Management Inc. lifted its position in shares of Genesee & Wyoming (NYSE:GWR) by 4.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,795 shares of the transportation company’s stock after acquiring an additional 7,734 shares during the quarter. Genesee & Wyoming accounts for about 1.2% of Eagle Boston Investment Management Inc.’s holdings, making the stock its 28th biggest position. Eagle Boston Investment Management Inc.’s holdings in Genesee & Wyoming were worth $11,665,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in GWR. DF Dent & Co. Inc. boosted its stake in shares of Genesee & Wyoming by 356.9% during the 4th quarter. DF Dent & Co. Inc. now owns 680,590 shares of the transportation company’s stock worth $53,583,000 after acquiring an additional 531,625 shares in the last quarter. Rare Infrastructure Ltd boosted its stake in shares of Genesee & Wyoming by 23.0% during the 4th quarter. Rare Infrastructure Ltd now owns 964,438 shares of the transportation company’s stock worth $75,931,000 after acquiring an additional 180,260 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Genesee & Wyoming by 45.0% during the 4th quarter. Jennison Associates LLC now owns 511,951 shares of the transportation company’s stock worth $40,306,000 after acquiring an additional 158,890 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Genesee & Wyoming by 23.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 691,799 shares of the transportation company’s stock worth $54,465,000 after acquiring an additional 129,431 shares in the last quarter. Finally, Snyder Capital Management L P lifted its stake in Genesee & Wyoming by 24.8% in the 4th quarter. Snyder Capital Management L P now owns 586,146 shares of the transportation company’s stock valued at $46,147,000 after buying an additional 116,652 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

GWR stock opened at $77.49 on Friday. Genesee & Wyoming has a 1 year low of $76.77 and a 1 year high of $77.35. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.30 and a current ratio of 1.42. The company has a market capitalization of $4.69 billion, a P/E ratio of 25.03, a P/E/G ratio of 1.25 and a beta of 1.71.

Genesee & Wyoming (NYSE:GWR) last posted its earnings results on Tuesday, May 1st. The transportation company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.03). The company had revenue of $547.70 million during the quarter, compared to analysts’ expectations of $572.60 million. Genesee & Wyoming had a net margin of 26.41% and a return on equity of 5.29%. Genesee & Wyoming’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.53 EPS. analysts expect that Genesee & Wyoming will post 3.83 earnings per share for the current year.

A number of research firms recently issued reports on GWR. Goldman Sachs began coverage on Genesee & Wyoming in a research note on Tuesday, April 10th. They issued a “neutral” rating and a $76.00 target price on the stock. Bank of America reduced their target price on Genesee & Wyoming from $89.00 to $80.00 and set a “buy” rating on the stock in a research note on Friday, February 9th. Citigroup reduced their target price on Genesee & Wyoming from $97.00 to $84.00 and set a “buy” rating on the stock in a research note on Friday, February 9th. Zacks Investment Research raised Genesee & Wyoming from a “sell” rating to a “hold” rating in a research note on Thursday, May 3rd. Finally, Morgan Stanley upped their target price on Genesee & Wyoming to $75.00 and gave the company an “equal weight” rating in a research note on Monday, May 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $80.25.

In other Genesee & Wyoming news, insider Christopher F. Liucci sold 1,000 shares of the business’s stock in a transaction on Monday, May 7th. The stock was sold at an average price of $74.72, for a total value of $74,720.00. Following the completion of the transaction, the insider now directly owns 21,189 shares in the company, valued at approximately $1,583,242.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.41% 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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