BBVA USA Bancshares Inc. Has $806,000 Stake in Genesee & Wyoming Inc (NYSE:GWR)

BBVA USA Bancshares Inc. raised its stake in Genesee & Wyoming Inc (NYSE:GWR) by 27.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 7,295 shares of the transportation company’s stock after buying an additional 1,568 shares during the period. BBVA USA Bancshares Inc.’s holdings in Genesee & Wyoming were worth $806,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Advisory Services Network LLC lifted its stake in Genesee & Wyoming by 482.0% in the second quarter. Advisory Services Network LLC now owns 291 shares of the transportation company’s stock valued at $29,000 after buying an additional 241 shares during the period. Parallel Advisors LLC lifted its stake in Genesee & Wyoming by 196.2% in the second quarter. Parallel Advisors LLC now owns 391 shares of the transportation company’s stock valued at $39,000 after buying an additional 259 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Genesee & Wyoming in the second quarter valued at about $54,000. Steward Partners Investment Advisory LLC acquired a new position in Genesee & Wyoming in the second quarter valued at about $56,000. Finally, SRS Capital Advisors Inc. acquired a new position in Genesee & Wyoming in the second quarter valued at about $68,000. 93.43% of the stock is currently owned by hedge funds and other institutional investors.

In other Genesee & Wyoming news, insider John C. Hellmann sold 23,469 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $110.00, for a total value of $2,581,590.00. Following the completion of the sale, the insider now directly owns 445,316 shares in the company, valued at $48,984,760. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.72% of the stock is owned by corporate insiders.

Separately, ValuEngine lowered Genesee & Wyoming from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $102.81.

Shares of Genesee & Wyoming stock opened at $111.37 on Friday. Genesee & Wyoming Inc has a 1 year low of $68.27 and a 1 year high of $111.55. The business has a 50-day moving average of $110.93 and a two-hundred day moving average of $104.59. The company has a market capitalization of $6.35 billion, a P/E ratio of 28.93 and a beta of 1.34. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.10 and a quick ratio of 0.99.

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.

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

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