Goodnow Investment Group Has Decreased Genesee & Wyo (GWR) Holding by $339,300; Share Value Declined; Suburban Propane Partners L (SPH) Shareholder Abrams Capital Management LP Upped Stake by $19.80 Million as Stock Price Declined

May 25, 2018 - By Ellis Scott

Genesee & Wyoming Inc. (NYSE:GWR) Logo

David Abrams increased its stake in Suburban Propane Partners L (SPH) by 120.91% based on its latest 2017Q4 regulatory filing with the SEC. Abrams Capital Management Lp bought 825,126 shares as the company’s stock declined 6.45% with the market. The hedge fund run by David Abrams held 1.51M shares of the consumer services company at the end of 2017Q4, valued at $36.51M, up from 682,414 at the end of the previous reported quarter. Abrams Capital Management Lp who had been investing in Suburban Propane Partners L for a number of months, seems to be bullish on the $1.43 billion market cap company. The stock increased 0.61% or $0.14 during the last trading session, reaching $23.22. About 83,411 shares traded. Suburban Propane Partners, L.P. (NYSE:SPH) has declined 16.75% since May 25, 2017 and is downtrending. It has underperformed by 28.30% the S&P500.

Edward Goodnow decreased its stake in Genesee & Wyo Inc (GWR) by 0.77% based on its latest 2017Q4 regulatory filing with the SEC. Goodnow Investment Group Llc sold 4,350 shares as the company’s stock declined 9.03% with the market. The hedge fund run by Edward Goodnow held 561,527 shares of the transportation company at the end of 2017Q4, valued at $44.21 million, down from 565,877 at the end of the previous reported quarter. Goodnow Investment Group Llc who had been investing in Genesee & Wyo Inc for a number of months, seems to be less bullish one the $4.73B market cap company. The stock decreased 0.41% or $0.32 during the last trading session, reaching $77.8. About 101,381 shares traded. Genesee & Wyoming Inc. (NYSE:GWR) has risen 8.57% since May 25, 2017 and is uptrending. It has underperformed by 2.98% the S&P500.

Since May 7, 2018, it had 0 buys, and 1 insider sale for $74,720 activity.

Among 14 analysts covering Genesee & Wyoming Inc. (NYSE:GWR), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Genesee & Wyoming Inc. had 48 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Genesee & Wyoming Inc. (NYSE:GWR) earned “Hold” rating by Susquehanna on Tuesday, January 16. As per Tuesday, October 31, the company rating was maintained by Stifel Nicolaus. Cowen & Co maintained Genesee & Wyoming Inc. (NYSE:GWR) rating on Monday, July 10. Cowen & Co has “Buy” rating and $7500 target. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, February 23. The stock of Genesee & Wyoming Inc. (NYSE:GWR) earned “Buy” rating by Cowen & Co on Friday, August 11. The firm has “Outperform” rating given on Wednesday, September 2 by RBC Capital Markets. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, January 7. As per Wednesday, April 12, the company rating was maintained by RBC Capital Markets. The company was maintained on Monday, September 11 by Stifel Nicolaus. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, April 29.

Another recent and important Genesee & Wyoming Inc. (NYSE:GWR) news was published by Benzinga.com which published an article titled: “Stifel Rides The Rails, Initiates Seven Stocks” on May 24, 2018.

Investors sentiment increased to 1.4 in 2017 Q4. Its up 0.33, from 1.07 in 2017Q3. It is positive, as 28 investors sold GWR shares while 70 reduced holdings. 43 funds opened positions while 94 raised stakes. 57.56 million shares or 2.30% less from 58.92 million shares in 2017Q3 were reported. Prudential Financial reported 43,263 shares. Jacobs And Communications Ca owns 0.34% invested in Genesee & Wyoming Inc. (NYSE:GWR) for 24,047 shares. Comerica Fincl Bank stated it has 0.06% in Genesee & Wyoming Inc. (NYSE:GWR). Trust Of Vermont stated it has 0.04% of its portfolio in Genesee & Wyoming Inc. (NYSE:GWR). Rmb Cap Management Ltd Liability reported 307,312 shares stake. Comml Bank Of America Corp De holds 175,302 shares or 0% of its portfolio. Ack Asset Mngmt Limited Liability Com holds 5.21% or 295,000 shares. Public Employees Retirement Association Of Colorado accumulated 0.01% or 12,306 shares. Key Gru Hldg (Cayman) Limited holds 0.08% or 13,000 shares. Kornitzer Cap Management Ks has 0.01% invested in Genesee & Wyoming Inc. (NYSE:GWR). Credit Suisse Ag reported 88,448 shares. Monarch Prtn Asset Ltd Liability Com holds 0.97% or 131,499 shares. Raymond James Financial Ser Advisors stated it has 4,288 shares or 0% of all its holdings. Blair William & Il reported 0.02% in Genesee & Wyoming Inc. (NYSE:GWR). California State Teachers Retirement System owns 0.02% invested in Genesee & Wyoming Inc. (NYSE:GWR) for 102,435 shares.

Analysts await Genesee & Wyoming Inc. (NYSE:GWR) to report earnings on August, 7. They expect $0.90 earnings per share, up 12.50% or $0.10 from last year’s $0.8 per share. GWR’s profit will be $54.74M for 21.61 P/E if the $0.90 EPS becomes a reality. After $0.70 actual earnings per share reported by Genesee & Wyoming Inc. for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

Among 9 analysts covering Suburban Propane Partners (NYSE:SPH), 2 have Buy rating, 4 Sell and 3 Hold. Therefore 22% are positive. Suburban Propane Partners had 25 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, February 15 by Stifel Nicolaus. The stock of Suburban Propane Partners, L.P. (NYSE:SPH) earned “Hold” rating by Stifel Nicolaus on Friday, March 18. On Wednesday, December 30 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was initiated by Janney Capital with “Buy” on Wednesday, March 2. On Thursday, August 17 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was downgraded by JP Morgan on Monday, March 19 to “Underweight”. The rating was maintained by Stifel Nicolaus on Thursday, September 21 with “Hold”. JP Morgan maintained Suburban Propane Partners, L.P. (NYSE:SPH) rating on Monday, November 2. JP Morgan has “Neutral” rating and $43 target. The rating was downgraded by J.P. Morgan on Monday, March 19 to “Sell”. The rating was downgraded by UBS on Friday, June 10 to “Neutral”.

Abrams Capital Management Lp, which manages about $7.62B and $2.97B US Long portfolio, decreased its stake in Teva Pharmaceutical Inds Ltd (NYSE:TEVA) by 1.88 million shares to 19.74M shares, valued at $374.13 million in 2017Q4, according to the filing.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.38, from 0.79 in 2017Q3. It increased, as 12 investors sold SPH shares while 35 reduced holdings. 26 funds opened positions while 29 raised stakes. 16.86 million shares or 12.61% more from 14.97 million shares in 2017Q3 were reported. Novare Ltd Liability Corporation holds 93,345 shares. The Minnesota-based Ameriprise Incorporated has invested 0% in Suburban Propane Partners, L.P. (NYSE:SPH). Jpmorgan Chase Commerce accumulated 1.50 million shares. Fincl Bank Of Montreal Can reported 290,255 shares. Jane Street Gru Ltd, New York-based fund reported 34,659 shares. Focused Wealth has 0% invested in Suburban Propane Partners, L.P. (NYSE:SPH). Hm Payson invested 0.01% of its portfolio in Suburban Propane Partners, L.P. (NYSE:SPH). Sumitomo Mitsui Tru reported 28,000 shares stake. Tradewinds Capital Limited Liability Corp owns 300 shares or 0% of their US portfolio. Morgan Stanley has invested 0% in Suburban Propane Partners, L.P. (NYSE:SPH). Community Bankshares Na invested in 0% or 10 shares. Company Financial Bank stated it has 0% in Suburban Propane Partners, L.P. (NYSE:SPH). Cordasco Financial stated it has 500 shares. Guggenheim Llc invested in 176,779 shares or 0.01% of the stock. Texas Yale has 24,096 shares for 0.05% of their portfolio.

Genesee & Wyoming Inc. (NYSE:GWR) Institutional Positions Chart

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