Shelton Capital Management acquired a new stake in Genesee & Wyoming, Inc. (NYSE:GWR) during the second quarter, according to its most recent filing with the SEC. The firm acquired 4,903 shares of the transportation company’s stock, valued at approximately $335,000.

Other large investors have also recently bought and sold shares of the company. Macquarie Group Ltd. boosted its position in shares of Genesee & Wyoming by 120.5% during the 2nd quarter. Macquarie Group Ltd. now owns 118,870 shares of the transportation company’s stock worth $8,129,000 after purchasing an additional 64,950 shares in the last quarter. Key Group Holdings Cayman LTD. purchased a new stake in shares of Genesee & Wyoming during the 2nd quarter worth $1,128,000. Royal Bank of Canada boosted its position in shares of Genesee & Wyoming by 9.5% during the 2nd quarter. Royal Bank of Canada now owns 21,592 shares of the transportation company’s stock worth $1,477,000 after purchasing an additional 1,868 shares in the last quarter. Institute for Wealth Management LLC. purchased a new stake in shares of Genesee & Wyoming during the 2nd quarter worth $978,000. Finally, Tudor Investment Corp ET AL boosted its position in shares of Genesee & Wyoming by 88.2% during the 2nd quarter. Tudor Investment Corp ET AL now owns 10,195 shares of the transportation company’s stock worth $697,000 after purchasing an additional 4,778 shares in the last quarter. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Shares of Genesee & Wyoming, Inc. (GWR) opened at 72.63 on Friday. Genesee & Wyoming, Inc. has a 12 month low of $61.44 and a 12 month high of $80.73. The stock has a market capitalization of $4.53 billion, a price-to-earnings ratio of 31.83 and a beta of 1.70. The firm’s 50 day moving average is $70.94 and its 200 day moving average is $67.56.

Genesee & Wyoming (NYSE:GWR) last released its quarterly earnings results on Tuesday, August 1st. The transportation company reported $0.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.07. Genesee & Wyoming had a return on equity of 6.32% and a net margin of 6.64%. The company had revenue of $540.43 million during the quarter, compared to analysts’ expectations of $539.59 million. During the same quarter in the prior year, the business posted $0.81 earnings per share. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, equities analysts predict that Genesee & Wyoming, Inc. will post $2.99 earnings per share for the current fiscal year.

Several brokerages have commented on GWR. Zacks Investment Research lowered shares of Genesee & Wyoming from a “hold” rating to a “sell” rating in a research report on Monday. Cowen and Company restated a “buy” rating and set a $75.00 target price on shares of Genesee & Wyoming in a research report on Tuesday, September 12th. BidaskClub upgraded shares of Genesee & Wyoming from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Genesee & Wyoming in a research report on Tuesday, July 11th. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $75.67.

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In related news, CFO Timothy J. Gallagher sold 5,073 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $66.84, for a total transaction of $339,079.32. Following the completion of the transaction, the chief financial officer now owns 56,951 shares of the company’s stock, valued at $3,806,604.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Allison M. Fergus sold 2,546 shares of the firm’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $66.16, for a total value of $168,443.36. The disclosure for this sale can be found here. Insiders have sold 30,931 shares of company stock valued at $2,058,531 in the last ninety days. Company insiders own 3.80% of the company’s stock.

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

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