PNC Financial Services Group Inc. boosted its stake in shares of Genesee & Wyoming Inc. (NYSE:GWR) by 2.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 276,078 shares of the company’s stock after buying an additional 7,351 shares during the period. PNC Financial Services Group Inc. owned approximately 0.48% of Genesee & Wyoming worth $19,033,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Metropolitan Life Insurance Co. NY increased its position in shares of Genesee & Wyoming by 2.9% in the first quarter. Metropolitan Life Insurance Co. NY now owns 52,618 shares of the company’s stock valued at $3,299,000 after buying an additional 1,506 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Genesee & Wyoming by 3,589.3% in the second quarter. BNP Paribas Arbitrage SA now owns 22,652 shares of the company’s stock valued at $1,335,000 after buying an additional 22,038 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its position in shares of Genesee & Wyoming by 3.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 6,105 shares of the company’s stock valued at $360,000 after buying an additional 200 shares during the last quarter. Villere ST Denis J & Co. LLC increased its position in shares of Genesee & Wyoming by 2.6% in the second quarter. Villere ST Denis J & Co. LLC now owns 1,069,800 shares of the company’s stock valued at $63,064,000 after buying an additional 26,900 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its position in shares of Genesee & Wyoming by 1.5% in the second quarter. Nisa Investment Advisors LLC now owns 19,700 shares of the company’s stock valued at $1,161,000 after buying an additional 300 shares during the last quarter. 96.64% of the stock is currently owned by institutional investors and hedge funds.

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

Genesee & Wyoming Inc. (NYSE:GWR) traded up 2.20% during midday trading on Wednesday, reaching $77.65. 198,433 shares of the company were exchanged. The firm’s 50-day moving average is $70.39 and its 200-day moving average is $65.51. The firm has a market cap of $4.51 billion, a P/E ratio of 20.72 and a beta of 1.51. Genesee & Wyoming Inc. has a one year low of $41.56 and a one year high of $77.90.

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

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Several equities analysts recently issued reports on GWR shares. Credit Suisse Group AG reissued a “buy” rating and set a $73.00 price objective (up previously from $70.00) on shares of Genesee & Wyoming in a research note on Tuesday, August 16th. Zacks Investment Research raised shares of Genesee & Wyoming from a “hold” rating to a “buy” rating and set a $75.00 price target on the stock in a research note on Wednesday, October 5th. Cowen and Company reaffirmed an “outperform” rating and set a $77.00 price target (up previously from $73.00) on shares of Genesee & Wyoming in a research note on Friday, October 21st. Finally, Deutsche Bank AG started coverage on shares of Genesee & Wyoming in a research note on Wednesday, November 2nd. They set a “hold” rating and a $70.00 price target on the stock. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $69.25.

In other news, insider John C. Hellmann sold 11,317 shares of Genesee & Wyoming stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $76.18, for a total value of $862,129.06. Following the transaction, the insider now directly owns 361,611 shares of the company’s stock, valued at $27,547,525.98. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.80% of the stock is currently owned by insiders.

Genesee & Wyoming Company Profile

Genesee & Wyoming Inc owns and operates over 120 freight railroads across the world, which are organized in approximately 10 regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations. In the United States, the Company has over eight regions, such as Central, Coastal (which includes industrial switching and port operations), Midwest, Mountain West (which includes industrial switching operations), Northeast, Ohio Valley, Pacific and Southern.

5 Day Chart for NYSE:GWR

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