SG Americas Securities LLC Grows Position in Genesee & Wyoming Inc (NYSE:GWR)

SG Americas Securities LLC grew its stake in shares of Genesee & Wyoming Inc (NYSE:GWR) by 280.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 69,235 shares of the transportation company’s stock after purchasing an additional 51,015 shares during the quarter. SG Americas Securities LLC owned approximately 0.12% of Genesee & Wyoming worth $7,651,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GWR. Nisa Investment Advisors LLC raised its holdings in shares of Genesee & Wyoming by 1.0% during the second quarter. Nisa Investment Advisors LLC now owns 9,800 shares of the transportation company’s stock valued at $980,000 after acquiring an additional 100 shares in the last quarter. Strs Ohio raised its holdings in shares of Genesee & Wyoming by 2.1% during the third quarter. Strs Ohio now owns 5,246 shares of the transportation company’s stock valued at $579,000 after acquiring an additional 109 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its holdings in shares of Genesee & Wyoming by 1.1% during the second quarter. Municipal Employees Retirement System of Michigan now owns 10,410 shares of the transportation company’s stock valued at $1,041,000 after acquiring an additional 110 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Genesee & Wyoming by 4.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,404 shares of the transportation company’s stock valued at $376,000 after acquiring an additional 148 shares in the last quarter. Finally, Texas Permanent School Fund raised its holdings in shares of Genesee & Wyoming by 0.5% during the third quarter. Texas Permanent School Fund now owns 38,531 shares of the transportation company’s stock valued at $4,258,000 after acquiring an additional 174 shares in the last quarter. 93.24% of the stock is owned by hedge funds and other institutional investors.

GWR traded down $0.05 during trading on Friday, reaching $111.34. The stock had a trading volume of 359,568 shares, compared to its average volume of 642,158. The stock’s 50 day moving average is $110.83 and its two-hundred day moving average is $103.99. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $6.33 billion, a price-to-earnings ratio of 28.92 and a beta of 1.34. Genesee & Wyoming Inc has a one year low of $68.27 and a one year high of $111.54.

Genesee & Wyoming (NYSE:GWR) last posted its quarterly earnings data on Wednesday, August 7th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.04). The firm had revenue of $571.48 million during the quarter, compared to the consensus estimate of $594.19 million. Genesee & Wyoming had a return on equity of 6.41% and a net margin of 9.33%. On average, equities research analysts predict that Genesee & Wyoming Inc will post 4.31 earnings per share for the current year.

Separately, ValuEngine downgraded Genesee & Wyoming from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $102.81.

In other Genesee & Wyoming news, insider John C. Hellmann sold 23,469 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $110.00, for a total value of $2,581,590.00. Following the completion of the transaction, the insider now owns 445,316 shares in the company, valued at $48,984,760. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.72% of the stock is currently owned by corporate insiders.

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.

Read More: Earnings Per Share

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Institutional Ownership by Quarter for Genesee & Wyoming (NYSE:GWR)

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