5,075 Shares in Genesee & Wyoming Inc (NYSE:GWR) Bought by Alps Advisors Inc.

Alps Advisors Inc. bought a new position in shares of Genesee & Wyoming Inc (NYSE:GWR) in the third quarter, HoldingsChannel reports. The firm bought 5,075 shares of the transportation company’s stock, valued at approximately $561,000.

Several other large investors also recently modified their holdings of the stock. SG Americas Securities LLC increased its stake in Genesee & Wyoming by 280.0% in the 3rd quarter. SG Americas Securities LLC now owns 69,235 shares of the transportation company’s stock worth $7,651,000 after buying an additional 51,015 shares during the period. Huntington National Bank increased its stake in Genesee & Wyoming by 62.9% in the 3rd quarter. Huntington National Bank now owns 1,067 shares of the transportation company’s stock worth $118,000 after buying an additional 412 shares during the period. Gabelli Funds LLC purchased a new position in Genesee & Wyoming in the 3rd quarter worth about $25,534,000. Gamco Investors INC. ET AL purchased a new position in Genesee & Wyoming in the 3rd quarter worth about $4,171,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in Genesee & Wyoming in the 3rd quarter worth about $19,571,000. Hedge funds and other institutional investors own 93.43% of the company’s stock.

NYSE GWR opened at $111.50 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.99 and a current ratio of 1.10. The company has a market capitalization of $6.35 billion, a price-to-earnings ratio of 28.96 and a beta of 1.34. The company’s 50-day simple moving average is $110.91 and its two-hundred day simple moving average is $104.46. Genesee & Wyoming Inc has a one year low of $68.27 and a one year high of $111.55.

Separately, ValuEngine downgraded shares of Genesee & Wyoming from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $102.81.

In other Genesee & Wyoming news, insider John C. Hellmann sold 23,469 shares of the firm’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $110.00, for a total transaction of $2,581,590.00. Following the transaction, the insider now owns 445,316 shares of the company’s stock, valued at approximately $48,984,760. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.72% of the company’s stock.

Genesee & Wyoming Company 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: Bull Market

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

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