HSBC Downgrades Guangshen Railway Co. Ltd ADR Class H (NYSE:GSH) to Hold

HSBC lowered shares of Guangshen Railway Co. Ltd ADR Class H (NYSE:GSH) from a buy rating to a hold rating in a report published on Friday, March 29th, Briefing.com Automated Import reports.

Separately, Citigroup downgraded shares of Guangshen Railway Co. Ltd ADR Class H from a buy rating to a sell rating in a research note on Thursday, March 28th.

GSH traded up $0.06 on Friday, reaching $18.91. The company had a trading volume of 11,071 shares, compared to its average volume of 19,248. The company has a market capitalization of $2.68 billion, a P/E ratio of 16.59 and a beta of 1.05. Guangshen Railway Co. Ltd ADR Class H has a 52-week low of $17.72 and a 52-week high of $30.38.

Hedge funds have recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in Guangshen Railway Co. Ltd ADR Class H in the fourth quarter valued at $335,000. Advisors Asset Management Inc. boosted its holdings in Guangshen Railway Co. Ltd ADR Class H by 36.2% in the fourth quarter. Advisors Asset Management Inc. now owns 20,982 shares of the transportation company’s stock valued at $391,000 after acquiring an additional 5,581 shares in the last quarter. Everett Harris & Co. CA boosted its holdings in shares of Guangshen Railway Co. Ltd ADR Class H by 68.9% during the 3rd quarter. Everett Harris & Co. CA now owns 107,904 shares of the transportation company’s stock valued at $2,493,000 after buying an additional 44,011 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of Guangshen Railway Co. Ltd ADR Class H by 22.2% during the 3rd quarter. Renaissance Technologies LLC now owns 205,600 shares of the transportation company’s stock valued at $4,749,000 after buying an additional 37,300 shares in the last quarter. 0.70% of the stock is currently owned by hedge funds and other institutional investors.

About Guangshen Railway Co. Ltd ADR Class H

Guangshen Railway Company Limited engages in the railroad passenger and freight transportation business in the People's Republic of China. The company's passenger transportation services include the operation of Guangzhou-Shenzhen inter-city express trains, long-distance trains, and Guangzhou-Hong Kong city through trains.

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