Genesee & Wyoming (GWR) Raised to "B-" at TheStreet

Sheri Evans
January 14, 2018

Ack Asset Management Llc sold 115,000 shares as the company's stock declined 14.44% while stock markets rallied. The institutional investor held 276,291 shares of the real estate investment trusts company at the end of 2017Q3, valued at $8.40 million, down from 345,551 at the end of the previous reported quarter. Genesee & Wyoming Inc now has $5.19 billion valuation.

The stock decreased 1.37% or $0.09 during the last trading session, reaching $6.47. About 229,121 shares traded. USG Corporation (NYSE:USG) has risen 0.17% since January 12, 2017 and is uptrending. It has underperformed by 2.82% the S&P500. (NYSE:GWR). First Wilshire Mgmt reported 0.07% stake. The firm owned 152,702 shares of the transportation company's stock after selling 46,749 shares during the quarter. Weiss Multi holds 40,000 shares. The stock decreased 0.43% or $0.17 during the last trading session, reaching $39.33. T. Rowe Price Group, Inc. Tyme Technologies, Inc. (NASDAQ:TYME) has 0.00% since January 11, 2017 and is. It has underperformed by 2.82% the S&P500.

Since August 14, 2017, it had 0 insider buys, and 6 insider sales for $2.06 million activity. $255,250 worth of Genesee & Wyoming Inc. (NYSE:GWR) for 90,370 shares. (NYSE:GWR) for 34,529 shares. Following the sale, the insider now directly owns 404,076 shares in the company, valued at approximately $29,784,441.96. Genesee & Wyoming has a 1-year low of $61.44 and a 1-year high of $84.40. (NYSE:GWR) or 36,877 shares.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release and conference call regarding Genesee & Wyoming's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. Therefore 62% are positive. Zacks Investment Research downgraded shares of Genesee & Wyoming from a "hold" rating to a "sell" rating in a research report on Monday, October 9th. Cowen restated a "buy" rating and issued a $75.00 target price on shares of Genesee & Wyoming in a research note on Tuesday, September 12th. Institute For Wealth Mngmt Ltd Liability Co owns 0.31% invested in Genesee & Wyoming Inc.

Analysts await USG Corporation (NYSE:USG) to report earnings on February, 7. The rating was maintained by RBC Capital Markets on Tuesday, August 4 with "Top Pick". The stock of Genesee & Wyoming Inc. (NYSE:GWR) earned "Hold" rating by Stifel Nicolaus on Tuesday, October 31. The rating was maintained by RBC Capital Markets on Wednesday, September 2 with "Outperform". JPMorgan Chase & Co. assumed coverage on Genesee & Wyoming in a research note on Tuesday. The rating was maintained by Cowen & Co with "Buy" on Friday, September 29. The rating was upgraded by Bank of America on Monday, February 22 to "Neutral". The stock has a market cap of $5,190.00, a P/E ratio of 39.40, a PEG ratio of 2.54 and a beta of 1.81. Cowen reissued a "buy" rating and issued a $81.00 price target on shares of Genesee & Wyoming in a research report on Wednesday, November 1st. The company was maintained on Friday, April 29 by Cowen & Co. The firm has "Outperform" rating by Cowen & Co given on Monday, November 2. The rating was maintained by Stephens with "Outperform" on Monday, December 14.

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Investors sentiment increased to 1.07 in Q3 2017. Its up 0.08, from 0.99 in 2017Q2. It improved, as 27 investors sold Genesee & Wyoming Inc. shares while 82 reduced holdings.

A number of other hedge funds have also recently made changes to their positions in the stock. Pacer Advisors Inc. increased its position in shares of Genesee & Wyoming by 11.4% during the 3rd quarter. (NYSE:GWR). Eagle Asset Mgmt Inc stated it has 127,489 shares or 0.05% of all its holdings. CT now owns 12,055 shares of the transportation company's stock worth $892,000 after purchasing an additional 3,300 shares during the period. (NYSE:GWR) for 28 shares. Symphony Asset Mgmt Limited Liability Corporation has invested 0.06% of its portfolio in Genesee & Wyoming Inc. Mason Street Advsr Limited Liability Com holds 0.06% or 30,537 shares in its portfolio. Ngam Ltd Partnership, a Massachusetts-based fund reported 110,265 shares. Proshare Limited accumulated 4,238 shares. Thompson Davis And Com Inc has 0.02% invested in Genesee & Wyoming Inc. Whittier Of Nevada Incorporated reported 1,030 shares or 0.01% of all its holdings. Ecor1 Capital Llc owns 2.26 million shares or 1.19% of their United States portfolio. Manufacturers Life The reported 0.01% of its portfolio in Genesee & Wyoming Inc. Palisade Ltd Liability Co Nj reported 551,515 shares. Liucci Christopher F had sold 1,401 shares worth $93,755. Alderson Christopher D sold $9.46 million worth of T. Rowe Price Group, Inc. Shares for $926,918 were sold by HELLMANN JOHN C on Friday, August 25. (NASDAQ:TROW) was sold by HRABOWSKI FREEMAN A III on Thursday, December 14. 4,156 shares were sold by Brown David A, worth $275,086. (NASDAQ:TROW) to report earnings on January, 25. The firm's quarterly revenue was up 15.1% on a year-over-year basis. sell-side analysts forecast that Genesee & Wyoming Inc will post 2.9 earnings per share for the current fiscal year.

Ack Asset Management Llc increased Guaranty Bancshares Inc (GNTY) stake by 72,295 shares to 270,000 valued at $8.64M in 2017Q3. It also increased its holding in Continental Building Product (NYSE:CBPX) by 57,800 shares in the quarter, for a total of 537,300 shares, and has risen its stake in Playa Hotels & Resorts Nv. Ishares Tr (SCZ) was raised too.

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