Menta Capital LLC lessened its position in shares of Genesee & Wyoming Inc (NYSE:GWR) by 73.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,376 shares of the transportation company’s stock after selling 17,386 shares during the period. Menta Capital LLC’s holdings in Genesee & Wyoming were worth $472,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of GWR. RMB Capital Management LLC grew its stake in shares of Genesee & Wyoming by 3.4% during the 4th quarter. RMB Capital Management LLC now owns 276,021 shares of the transportation company’s stock worth $20,431,000 after purchasing an additional 9,181 shares during the period. Epoch Investment Partners Inc. grew its stake in Genesee & Wyoming by 2.7% in the 4th quarter. Epoch Investment Partners Inc. now owns 377,360 shares of the transportation company’s stock valued at $27,932,000 after acquiring an additional 9,841 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Genesee & Wyoming by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,625,037 shares of the transportation company’s stock valued at $120,287,000 after acquiring an additional 34,236 shares during the last quarter. Hsbc Holdings PLC grew its stake in Genesee & Wyoming by 812.7% in the 4th quarter. Hsbc Holdings PLC now owns 103,840 shares of the transportation company’s stock valued at $7,686,000 after acquiring an additional 92,463 shares during the last quarter. Finally, Great West Life Assurance Co. Can grew its stake in Genesee & Wyoming by 3.7% in the 4th quarter. Great West Life Assurance Co. Can now owns 35,542 shares of the transportation company’s stock valued at $2,442,000 after acquiring an additional 1,265 shares during the last quarter. Institutional investors own 92.92% of the company’s stock.
A number of equities research analysts recently commented on the stock. Zacks Investment Research raised shares of Genesee & Wyoming from a “sell” rating to a “hold” rating in a research note on Tuesday, February 12th. Stephens cut shares of Genesee & Wyoming from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $95.00 to $83.00 in a research note on Thursday, January 3rd. Morgan Stanley lowered their price objective on shares of Genesee & Wyoming from $73.00 to $70.00 and set an “underweight” rating on the stock in a research note on Monday, January 7th. Finally, Cowen reissued an “outperform” rating and issued a $87.00 price objective (down from $92.00) on shares of Genesee & Wyoming in a research note on Thursday, February 7th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $86.00.
Shares of NYSE GWR opened at $85.46 on Friday. Genesee & Wyoming Inc has a 52 week low of $67.61 and a 52 week high of $92.91. The stock has a market capitalization of $4.87 billion, a P/E ratio of 22.20, a price-to-earnings-growth ratio of 1.48 and a beta of 1.58. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.19 and a current ratio of 1.30.
Genesee & Wyoming (NYSE:GWR) last released its quarterly earnings results on Wednesday, February 6th. The transportation company reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.11. Genesee & Wyoming had a net margin of 10.41% and a return on equity of 6.19%. The company had revenue of $575.60 million for the quarter, compared to analysts’ expectations of $570.71 million. During the same period last year, the company earned $0.77 EPS. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. As a group, equities research analysts expect that Genesee & Wyoming Inc will post 4.4 earnings per share for the current year.
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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.
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