Blue Trust Inc. Buys 382 Shares of GATX Co. (NYSE:GATX)

Blue Trust Inc. raised its stake in GATX Co. (NYSE:GATX) by 8.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,794 shares of the transportation company’s stock after purchasing an additional 382 shares during the quarter. Blue Trust Inc.’s holdings in GATX were worth $743,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of GATX. State Street Corp increased its stake in GATX by 0.6% in the 3rd quarter. State Street Corp now owns 1,294,895 shares of the transportation company’s stock valued at $171,509,000 after buying an additional 7,585 shares during the last quarter. Geode Capital Management LLC increased its position in shares of GATX by 1.5% during the third quarter. Geode Capital Management LLC now owns 849,603 shares of the transportation company’s stock valued at $112,550,000 after acquiring an additional 12,571 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in GATX by 3.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 474,729 shares of the transportation company’s stock worth $62,878,000 after acquiring an additional 17,255 shares during the period. Natixis Advisors LLC boosted its position in GATX by 2.2% in the third quarter. Natixis Advisors LLC now owns 167,651 shares of the transportation company’s stock worth $22,206,000 after purchasing an additional 3,580 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in GATX by 19.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 92,861 shares of the transportation company’s stock valued at $12,299,000 after purchasing an additional 15,092 shares during the period. Institutional investors own 93.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Susquehanna boosted their price target on shares of GATX from $122.00 to $140.00 and gave the stock a “neutral” rating in a report on Monday, October 21st. Sidoti lowered shares of GATX from a “buy” rating to a “neutral” rating and set a $158.00 price target for the company. in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group began coverage on GATX in a report on Monday, November 18th. They set a “buy” rating and a $185.00 price objective for the company.

GATX Price Performance

GATX opened at $164.48 on Thursday. The company has a market capitalization of $5.84 billion, a price-to-earnings ratio of 21.99 and a beta of 0.99. The company has a quick ratio of 3.41, a current ratio of 3.41 and a debt-to-equity ratio of 3.41. The firm has a 50-day moving average price of $158.53 and a 200-day moving average price of $145.79. GATX Co. has a twelve month low of $120.14 and a twelve month high of $168.29.

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, beating analysts’ consensus estimates of $1.68 by $0.25. GATX had a net margin of 17.76% and a return on equity of 11.98%. During the same period last year, the business posted $1.74 earnings per share. Equities analysts expect that GATX Co. will post 7.6 EPS for the current year.

About GATX

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.