Thrivent Financial for Lutherans Acquires 32,267 Shares of Genesee & Wyoming Inc (NYSE:GWR)

Thrivent Financial for Lutherans lifted its stake in Genesee & Wyoming Inc (NYSE:GWR) by 10.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 336,288 shares of the transportation company’s stock after acquiring an additional 32,267 shares during the quarter. Thrivent Financial for Lutherans owned 0.57% of Genesee & Wyoming worth $24,892,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of GWR. PNC Financial Services Group Inc. increased its stake in Genesee & Wyoming by 0.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 25,677 shares of the transportation company’s stock worth $1,900,000 after buying an additional 235 shares during the period. Bbva Compass Bancshares Inc. increased its stake in Genesee & Wyoming by 12.9% during the 4th quarter. Bbva Compass Bancshares Inc. now owns 5,480 shares of the transportation company’s stock worth $406,000 after buying an additional 626 shares during the period. Strs Ohio increased its stake in Genesee & Wyoming by 10.4% during the 4th quarter. Strs Ohio now owns 7,178 shares of the transportation company’s stock worth $531,000 after buying an additional 678 shares during the period. Texas Permanent School Fund increased its stake in Genesee & Wyoming by 2.2% during the 4th quarter. Texas Permanent School Fund now owns 38,210 shares of the transportation company’s stock worth $2,828,000 after buying an additional 815 shares during the period. Finally, Advisors Asset Management Inc. increased its stake in Genesee & Wyoming by 14.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 8,800 shares of the transportation company’s stock worth $801,000 after buying an additional 1,096 shares during the period. Hedge funds and other institutional investors own 96.96% of the company’s stock.

Shares of NYSE:GWR traded down $0.93 during trading hours on Monday, reaching $89.01. The stock had a trading volume of 464,414 shares, compared to its average volume of 426,225. Genesee & Wyoming Inc has a 1 year low of $68.27 and a 1 year high of $92.91. The company has a current ratio of 1.30, a quick ratio of 1.19 and a debt-to-equity ratio of 0.67. The company has a market cap of $5.07 billion, a PE ratio of 23.12, a P/E/G ratio of 1.42 and a beta of 1.59.

Genesee & Wyoming (NYSE:GWR) last announced its quarterly earnings data on Wednesday, February 6th. The transportation company reported $1.00 EPS for the quarter, beating the Zacks’ 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 the consensus estimate of $570.71 million. During the same period in the prior year, the firm posted $0.77 EPS. The company’s quarterly revenue 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 EPS for the current year.

GWR has been the topic of several recent research reports. Stephens downgraded shares of Genesee & Wyoming from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $95.00 to $83.00 in a research note on Thursday, January 3rd. Zacks Investment Research raised shares of Genesee & Wyoming from a “sell” rating to a “hold” rating in a research report on Thursday, January 17th. Raymond James downgraded shares of Genesee & Wyoming from a “strong-buy” rating to a “market perform” rating in a research report on Monday. Cowen reissued an “outperform” rating and issued a $87.00 price objective (down from $92.00) on shares of Genesee & Wyoming in a research report on Thursday, February 7th. Finally, Morgan Stanley set a $69.00 price objective on shares of Genesee & Wyoming and gave the company a “sell” rating in a research report on Friday, February 8th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $87.11.

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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.

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

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