Guangshen Railway Co. Ltd ADR Class H (NYSE:GSH) Stock Rating Upgraded by Citigroup

Citigroup upgraded shares of Guangshen Railway Co. Ltd ADR Class H (NYSE:GSH) from a sell rating to a neutral rating in a research report report published on Monday, The Fly reports.

Separately, Bank of America assumed coverage on Guangshen Railway Co. Ltd ADR Class H in a research note on Wednesday, June 26th. They issued an underperform rating for the company.

Shares of GSH opened at $15.59 on Monday. The stock has a 50-day moving average of $16.33 and a 200-day moving average of $18.44. The company has a market cap of $2.17 billion, a PE ratio of 18.27 and a beta of 0.94. Guangshen Railway Co. Ltd ADR Class H has a one year low of $15.35 and a one year high of $23.24.

The company also recently announced a … dividend, which was paid on Monday, August 19th. Stockholders of record on Wednesday, June 19th were paid a $0.3722 dividend. The ex-dividend date of this dividend was Tuesday, June 18th. This represents a dividend yield of 2.16%.

A number of hedge funds have recently added to or reduced their stakes in the business. Morgan Stanley lifted its position in shares of Guangshen Railway Co. Ltd ADR Class H by 99.5% during the 2nd quarter. Morgan Stanley now owns 1,490 shares of the transportation company’s stock worth $25,000 after buying an additional 743 shares in the last quarter. Bank of Montreal Can bought a new position in shares of Guangshen Railway Co. Ltd ADR Class H during the 2nd quarter worth approximately $70,000. Jane Street Group LLC bought a new position in shares of Guangshen Railway Co. Ltd ADR Class H during the 2nd quarter worth approximately $234,000. Quadrant Capital Group LLC bought a new position in shares of Guangshen Railway Co. Ltd ADR Class H during the 2nd quarter worth approximately $356,000. Finally, Aperio Group LLC lifted its position in shares of Guangshen Railway Co. Ltd ADR Class H by 33.7% during the 2nd quarter. Aperio Group LLC now owns 33,544 shares of the transportation company’s stock worth $574,000 after buying an additional 8,454 shares in the last quarter. Institutional investors and hedge funds own 0.82% of the company’s stock.

About Guangshen Railway Co. Ltd ADR Class H

Guangshen Railway Company Limited engages in the railroad passenger and freight transportation business in the People's Republic of China. The company's passenger transportation services include the operation of Guangzhou-Shenzhen inter-city express trains, long-distance trains, and Guangzhou-Hong Kong city through trains.

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