Genesee & Wyoming Inc (NYSE:GWR) Rating Reaffirmed
In analysts note sent to clients and investors on 14 December, The Outperform rating of Genesee & Wyoming Inc (NYSE:GWR) shares was kept steady by Analysts at Stephens, who now has a $80.00 Estimated Target Price on the stock. Stephens’s Estimated Target Price provides a possible upside of 57.57% from the price per share of the company.
From a total of 15 analysts covering Genesee & Wyoming Inc. (NYSE:GWR) stock, 12 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is $95 while the lowest target price is $63. The mean of all analyst targets is $80.93 with a 60.02% above today’s ($50.53) stock price. Genesee & Wyoming Inc. was the topic of 12 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Bank of America downgraded shares on December 4 to “Underperform” rating. Cowen & Co maintained GWR stock in a recent report from November 2 with “Outperform” rating. Finally, RBC Capital Markets maintained the stock with “Outperform” rating in a report issued on a September 2.
Approximately 479,531 shares of stock traded hands. Genesee & Wyoming Inc (NYSE:GWR) has declined 43.92% since May 11, 2015 and is downtrending. It has underperformed by 39.50% the S&P500.
The overall sentiment of institutions has decreased to 1.15 in Q2 2015. Its down 0.26, from 1.41 in 2015Q2. The ratio turned negative, as 48 institutions have sold all the shares of Genesee & Wyoming Inc that they owned while 84 funds have taken shares off the table. 38 funds have purchased shares for the first time while 114 added to their positions. These institutions now hold 63.59 million shares or 22.83% more than the 51.77 million shares they owned in 2015Q2.
The Fund Goodnow Investment Group Llc currently is holding shares equating to 6.63% of its total portfolio in Genesee & Wyoming Inc representing a total of 584,348 shares. Another fund,Ack Asset Management Llc, is holding a total of 130,000 shares equating to 3.21% of their holdings. Additionally, Sandhill Capital Partners Llc has a 154,945 share stake in Genesee & Wyoming Inc which represents 3.06% of their total portfolio. The Fund, Villere St Denis J & Co Llc, based out of Louisiana, has also built up a stake in the stock, which represents a total of 2.57% of their total portfolio. Finally Pacific Global Investment Management Co, a fund which is based in the state of California reported a total holdings of 112,787 shares.
Insider activity is a very important aspect to track on any stock. Going back to March 11, 2015, shareholders of Genesee & Wyoming Inc have witnessed 0 insider buys, and a total of 3 selling transactions equating to a net activity of approximately $815,998 . Walsh Matthew O. sold 2,041 shares worth approximately $139,829. Hellmann John C sold 7,632 shares worth approximately $506,300. Fergus Allison M sold 2,236 shares worth approximately $169,869. Fuller Mortimer B Iii sold 75,000 shares worth approximately $7.78M.
Genesee & Wyoming Inc. owns and operates short line and regional freight railroads, and provides railcar switching and other rail-related services in the United States, Australia, Canada, the Netherlands and Belgium. The company has a market cap of $2.92 billion. The Firm operates a longer-haul railroad that runs approximately 1,400 miles between Tarcoola in South Australia and Darwin in the Northern Territory of Australia. It has 12.73 P/E ratio. As of December 31, 2014, the Company operated in 41 states in the United States, four Australian states, one Australian territory and four Canadian provinces, and provided rail service at 37 ports in North America, Australia and Europe.
According to Zacks Investment Research, “GENESEE & WYOMING owns and operates short line and regional freight railroads and provides related rail services. They operate in three business segments in two geographic areas: North American Railroad Operations, Australian Railroad Operations, and Industrial Switching.”