Timessquare Capital Management Has Boosted Genesee And Wyoming (GWR) Position by $4.41 Million; Rwc Asset Management Llp Lifted Sothebys (BID) Stake by $5.55 Million as Market Valuation Rose

February 19, 2018 - By Vivian Park

Timessquare Capital Management Llc increased its stake in Genesee And Wyoming Inc (GWR) by 3.08% based on its latest 2017Q3 regulatory filing with the SEC. Timessquare Capital Management Llc bought 59,650 shares as the company’s stock declined 14.44% while stock markets rallied. The institutional investor held 1.99M shares of the transportation company at the end of 2017Q3, valued at $147.63 million, up from 1.94M at the end of the previous reported quarter. Timessquare Capital Management Llc who had been investing in Genesee And Wyoming Inc for a number of months, seems to be bullish on the $4.58 billion market cap company. The stock increased 1.83% or $1.32 during the last trading session, reaching $73.35. About 536,586 shares traded or 47.59% up from the average. Genesee & Wyoming Inc. (NYSE:GWR) has risen 13.88% since February 19, 2017 and is uptrending. It has underperformed by 2.82% the S&P500.

Rwc Asset Management Llp increased its stake in Sothebys (BID) by 22.49% based on its latest 2017Q3 regulatory filing with the SEC. Rwc Asset Management Llp bought 120,655 shares as the company’s stock rose 22.01% with the market. The institutional investor held 657,256 shares of the business services company at the end of 2017Q3, valued at $30.31 million, up from 536,601 at the end of the previous reported quarter. Rwc Asset Management Llp who had been investing in Sothebys for a number of months, seems to be bullish on the $2.54 billion market cap company. The stock increased 1.68% or $0.8 during the last trading session, reaching $48.36. About 273,122 shares traded. Sotheby's (NYSE:BID) has risen 78.16% since February 19, 2017 and is uptrending. It has outperformed by 61.46% the S&P500.

Since August 25, 2017, it had 0 buys, and 5 selling transactions for $1.72 million activity. $93,755 worth of Genesee & Wyoming Inc. (NYSE:GWR) shares were sold by Liucci Christopher F. Fergus Allison M sold $168,443 worth of stock. The insider Brown David A sold 4,156 shares worth $275,086. HELLMANN JOHN C had sold 13,947 shares worth $926,918 on Friday, August 25.

Among 13 analysts covering Genesee & Wyoming Inc. (NYSE:GWR), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Genesee & Wyoming Inc. had 43 analyst reports since August 5, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Hold” rating and $7200 target in Tuesday, August 1 report. The firm has “Outperform” rating given on Wednesday, November 2 by Cowen & Co. The stock has “Buy” rating by Cowen & Co on Tuesday, September 12. The firm has “Buy” rating by Bank of America given on Wednesday, April 19. The rating was maintained by Citigroup with “Buy” on Friday, April 29. The company was maintained on Wednesday, April 12 by RBC Capital Markets. On Monday, October 12 the stock rating was maintained by Deutsche Bank with “Buy”. The stock of Genesee & Wyoming Inc. (NYSE:GWR) earned “Outperform” rating by Stephens on Monday, December 14. The rating was maintained by Cowen & Co with “Outperform” on Friday, April 29. The rating was maintained by Susquehanna on Tuesday, January 16 with “Hold”.

Timessquare Capital Management Llc, which manages about $20.35B and $14.92B US Long portfolio, decreased its stake in Bwx Technologies Inc. by 250,500 shares to 2.60 million shares, valued at $145.69 million in 2017Q3, according to the filing. It also reduced its holding in Summit Materials Inc by 1.24 million shares in the quarter, leaving it with 1.83M shares, and cut its stake in Core (NASDAQ:CORE).

Investors sentiment increased to 1.07 in 2017 Q3. Its up 0.08, from 0.99 in 2017Q2. It increased, as 27 investors sold GWR shares while 82 reduced holdings. 37 funds opened positions while 80 raised stakes. 58.92 million shares or 1.22% more from 58.21 million shares in 2017Q2 were reported. State Treasurer State Of Michigan stated it has 23,100 shares or 0.01% of all its holdings. 562,368 are owned by Goldman Sachs Gru Inc. Granahan Investment Ma, a Massachusetts-based fund reported 87,736 shares. Hutchin Hill Capital Lp reported 3,300 shares. New England And Mngmt invested in 0.59% or 10,870 shares. Voya Investment Ltd Co stated it has 0.01% in Genesee & Wyoming Inc. (NYSE:GWR). Gp One Trading Limited Partnership holds 100 shares or 0% of its portfolio. Moreover, Point72 Asset Management LP has 0% invested in Genesee & Wyoming Inc. (NYSE:GWR). Hexavest holds 1,000 shares. Thompson Davis & reported 157 shares stake. Raymond James And Associates, a Florida-based fund reported 63,441 shares. Piermont Cap Management holds 9,480 shares or 0.23% of its portfolio. Com Of Vermont stated it has 0.04% of its portfolio in Genesee & Wyoming Inc. (NYSE:GWR). Utah Retirement reported 11,100 shares. Rare Limited holds 784,178 shares.

Rwc Asset Management Llp, which manages about $8.81 billion and $1.65B US Long portfolio, decreased its stake in Intel Corp (Prn) by 600,000 shares to 6.45M shares, valued at $11.87M in 2017Q3, according to the filing. It also reduced its holding in Emerson Elec Co (NYSE:EMR) by 14,066 shares in the quarter, leaving it with 313,600 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).

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