300 Shares in GATX Co. (NYSE:GATX) Bought by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA purchased a new stake in GATX Co. (NYSE:GATX) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 300 shares of the transportation company’s stock, valued at approximately $46,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new position in shares of GATX in the 3rd quarter valued at about $3,922,000. EULAV Asset Management grew its stake in GATX by 125.0% in 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 in the last quarter. Citigroup Inc. increased its position in shares of GATX by 209.7% during the 3rd quarter. Citigroup Inc. now owns 29,602 shares of the transportation company’s stock worth $3,921,000 after purchasing an additional 20,045 shares during the last quarter. NFJ Investment Group LLC bought a new stake in shares of GATX during the 3rd quarter worth approximately $2,479,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of GATX by 3.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 474,729 shares of the transportation company’s stock valued at $62,878,000 after buying an additional 17,255 shares during the last quarter. 93.14% of the stock is owned by institutional investors.

Insider Activity

In other news, VP Robert Zmudka sold 4,800 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $163.83, for a total value 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 approximately $1,227,578.19. The trade was a 39.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Jeffery R. Young sold 297 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $164.63, for a total transaction of $48,895.11. Following the transaction, the senior vice president now directly owns 7,362 shares in the company, valued at approximately $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 owned by company insiders.

Wall Street Analysts Forecast Growth

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

GATX Trading Down 0.2 %

Shares of GATX stock opened at $164.99 on Friday. The company has a debt-to-equity ratio of 3.37, a current ratio of 2.77 and a quick ratio of 3.41. The business has a fifty day simple moving average of $159.24 and a two-hundred day simple moving average of $147.74. GATX Co. has a 1 year low of $122.00 and a 1 year high of $168.29. The company has a market capitalization of $5.86 billion, a price-to-earnings ratio of 21.23 and a beta of 0.99.

GATX (NYSE:GATX) last issued its quarterly earnings data on Thursday, January 23rd. The transportation company reported $1.93 earnings per share for the quarter, beating 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 period last year, the firm earned $1.74 EPS. Research analysts forecast that GATX Co. will post 8.5 EPS for the current year.

GATX Increases Dividend

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

GATX Company 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.