1,474 Shares in GATX Co. (NYSE:GATX) Purchased by Stephens Inc. AR

Stephens Inc. AR acquired a new stake in GATX Co. (NYSE:GATX) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,474 shares of the transportation company’s stock, valued at approximately $228,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. EULAV Asset Management grew its stake in shares of GATX by 125.0% during the fourth quarter. EULAV Asset Management now owns 37,800 shares of the transportation company’s stock valued at $5,857,000 after purchasing an additional 21,000 shares during the last quarter. Mather Group LLC. lifted its holdings in GATX by 36.0% during the 4th quarter. Mather Group LLC. now owns 423 shares of the transportation company’s stock worth $66,000 after buying an additional 112 shares in the last quarter. Longboard Asset Management LP bought a new position in GATX in the 4th quarter valued at $212,000. Greenleaf Trust acquired a new stake in shares of GATX in the 4th quarter valued at $228,000. Finally, KBC Group NV raised its position in shares of GATX by 9.6% during the fourth quarter. KBC Group NV now owns 6,068 shares of the transportation company’s stock worth $940,000 after acquiring an additional 534 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company’s stock.

Insider Buying and Selling

In other news, VP Robert Zmudka sold 4,800 shares of the stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $163.83, for a total transaction of $786,384.00. Following the completion of the sale, the vice president now owns 7,493 shares of the company’s stock, valued at $1,227,578.19. This represents a 39.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jeffery R. Young sold 297 shares of the business’s stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $164.63, for a total transaction of $48,895.11. Following the completion of the sale, the senior vice president now directly owns 7,362 shares in the company, valued at $1,212,006.06. This represents a 3.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on GATX. The Goldman Sachs Group started coverage on GATX in a report on Monday, November 18th. They issued a “buy” rating and a $185.00 price target on the stock. Sidoti cut shares of GATX from a “buy” rating to a “neutral” rating and set a $158.00 price target for the company. in a research report on Wednesday, December 4th. Finally, Susquehanna increased their price objective on shares of GATX from $122.00 to $140.00 and gave the company a “neutral” rating in a report on Monday, October 21st.

GATX Trading Down 0.2 %

NYSE:GATX opened at $164.99 on Monday. The company has a current ratio of 2.77, a quick ratio of 3.41 and a debt-to-equity ratio of 3.37. GATX Co. has a 1-year low of $122.00 and a 1-year high of $168.29. The firm has a market capitalization of $5.86 billion, a price-to-earnings ratio of 21.23 and a beta of 0.99. The business’s 50-day moving average price is $159.24 and its two-hundred day moving average price is $147.87.

GATX (NYSE:GATX) last released its quarterly earnings data on Thursday, January 23rd. The transportation company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.25. GATX had a net margin of 17.92% and a return on equity of 12.07%. During the same quarter last year, the business posted $1.74 EPS. On average, equities analysts expect that GATX Co. will post 8.5 earnings per share for the current year.

GATX Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a $0.61 dividend. The ex-dividend date is Friday, February 28th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.48%. This is a boost from GATX’s previous quarterly dividend of $0.58. GATX’s dividend payout ratio is currently 29.86%.

GATX Profile

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.