UBS Asset Management Americas Inc. boosted its holdings in Genesee & Wyoming Inc (NYSE:GWR) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,009 shares of the transportation company’s stock after buying an additional 786 shares during the quarter. UBS Asset Management Americas Inc. owned approximately 0.08% of Genesee & Wyoming worth $3,701,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Pinebridge Investments L.P. acquired a new stake in Genesee & Wyoming in the third quarter valued at about $144,000. Sowell Financial Services LLC acquired a new stake in Genesee & Wyoming in the third quarter valued at about $211,000. Wedgewood Investors Inc. PA acquired a new stake in Genesee & Wyoming in the fourth quarter valued at about $213,000. State of Alaska Department of Revenue acquired a new stake in Genesee & Wyoming in the fourth quarter valued at about $283,000. Finally, US Bancorp DE boosted its stake in Genesee & Wyoming by 44.6% in the fourth quarter. US Bancorp DE now owns 3,636 shares of the transportation company’s stock valued at $286,000 after buying an additional 1,122 shares in the last quarter. 96.67% of the stock is currently owned by institutional investors and hedge funds.
Genesee & Wyoming Inc (GWR) opened at $73.99 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.26 and a quick ratio of 1.14. The company has a market capitalization of $4,640.41, a PE ratio of 25.45, a price-to-earnings-growth ratio of 1.20 and a beta of 1.75. Genesee & Wyoming Inc has a 1 year low of $61.44 and a 1 year high of $84.40.
Several research firms recently weighed in on GWR. JPMorgan Chase & Co. started coverage on Genesee & Wyoming in a research note on Tuesday, January 9th. They issued an “overweight” rating on the stock. Zacks Investment Research upgraded Genesee & Wyoming from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a research report on Tuesday, January 30th. TheStreet upgraded Genesee & Wyoming from a “c+” rating to a “b-” rating in a research report on Tuesday, December 19th. Credit Suisse Group dropped their target price on Genesee & Wyoming from $94.00 to $80.00 and set an “outperform” rating for the company in a research report on Monday, February 12th. Finally, Citigroup dropped their target price on Genesee & Wyoming from $97.00 to $84.00 and set a “buy” rating for the company in a research report on Friday, February 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $81.83.
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.
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