New Mexico Educational Retirement Board Sells 2100 Shares of Genesee & Wyoming Inc (NYSE …

WINTON GROUP Ltd increased its holdings in Genesee & Wyoming by 169.1% in the third quarter. WINTON GROUP Ltd now owns 204,303 shares of …

Genesee & Wyoming logoNew Mexico Educational Retirement Board lessened its stake in shares of Genesee & Wyoming Inc (NYSE:GWR) by 14.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,030 shares of the transportation company’s stock after selling 2,100 shares during the period. New Mexico Educational Retirement Board’s holdings in Genesee & Wyoming were worth $890,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Credit Suisse AG increased its holdings in Genesee & Wyoming by 3,932.0% in the third quarter. Credit Suisse AG now owns 2,433,395 shares of the transportation company’s stock worth $221,415,000 after buying an additional 2,373,043 shares during the last quarter. Federated Investors Inc. PA increased its holdings in Genesee & Wyoming by 1,417.8% in the third quarter. Federated Investors Inc. PA now owns 374,779 shares of the transportation company’s stock worth $34,101,000 after buying an additional 350,087 shares during the last quarter. Bank of Montreal Can increased its holdings in Genesee & Wyoming by 99.1% in the third quarter. Bank of Montreal Can now owns 336,361 shares of the transportation company’s stock worth $30,605,000 after buying an additional 167,442 shares during the last quarter. WINTON GROUP Ltd increased its holdings in Genesee & Wyoming by 169.1% in the third quarter. WINTON GROUP Ltd now owns 204,303 shares of the transportation company’s stock worth $18,590,000 after buying an additional 128,395 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Genesee & Wyoming by 174.1% in the third quarter. JPMorgan Chase & Co. now owns 156,511 shares of the transportation company’s stock worth $14,242,000 after buying an additional 99,403 shares during the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.

A number of equities analysts recently commented on GWR shares. Zacks Investment Research downgraded Genesee & Wyoming from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 23rd. Citigroup cut Genesee & Wyoming from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 30th. Stephens cut Genesee & Wyoming from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $95.00 to $83.00 in a research report on Thursday, January 3rd. Cowen reaffirmed a “buy” rating and set a $92.00 target price on shares of Genesee & Wyoming in a research report on Wednesday, October 31st. Finally, Morgan Stanley cut Genesee & Wyoming from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $81.00 to $75.00 in a research report on Monday, October 22nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Genesee & Wyoming has a consensus rating of “Hold” and an average price target of $86.00.

GWR opened at $79.93 on Tuesday. Genesee & Wyoming Inc has a 1-year low of $67.61 and a 1-year high of $92.91. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.30 and a quick ratio of 1.19. The company has a market capitalization of $4.73 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 1.38 and a beta of 1.60.

Genesee & Wyoming (NYSE:GWR) last issued its earnings results on Wednesday, February 6th. The transportation company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.89 by $0.11. The firm had revenue of $575.60 million during the quarter, compared to analysts’ expectations of $570.71 million. Genesee & Wyoming had a return on equity of 6.19% and a net margin of 10.41%. Genesee & Wyoming’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the business earned $0.77 earnings per share. As a group, sell-side analysts predict that Genesee & Wyoming Inc will post 4.42 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This story was first posted by Fairfield Current and is the property of of Fairfield Current. If you are reading this story on another site, it was illegally copied and reposted in violation of United States and international trademark & copyright legislation. The original version of this story can be accessed at https://www.fairfieldcurrent.com/news/2019/02/12/new-mexico-educational-retirement-board-decreases-position-in-genesee-wyoming-inc-gwr.html.

Genesee & Wyoming Profile

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.

See Also: How much money do you need to begin day trading?

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

Receive News & Ratings for Genesee & Wyoming Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Genesee & Wyoming and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts