GATX Co. (NYSE:GATX) Shares Purchased by Mather Group LLC.

Mather Group LLC. increased its stake in shares of GATX Co. (NYSE:GATX) by 36.0% in the 4th quarter, Holdings Channel reports. The firm owned 423 shares of the transportation company’s stock after purchasing an additional 112 shares during the period. Mather Group LLC.’s holdings in GATX were worth $66,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. UMB Bank n.a. raised its holdings in GATX by 91.8% in the 4th quarter. UMB Bank n.a. now owns 163 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 78 shares during the last quarter. Wolff Wiese Magana LLC acquired a new stake in GATX in the 3rd quarter valued at about $28,000. Versant Capital Management Inc raised its holdings in GATX by 184.6% in the 4th quarter. Versant Capital Management Inc now owns 259 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 168 shares during the last quarter. CWM LLC raised its holdings in GATX by 20.2% in the 3rd quarter. CWM LLC now owns 487 shares of the transportation company’s stock valued at $65,000 after acquiring an additional 82 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in GATX by 872.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 564 shares of the transportation company’s stock valued at $75,000 after acquiring an additional 506 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company’s stock.

GATX Stock Down 0.6 %

Shares of NYSE GATX opened at $165.52 on Friday. The company has a 50 day simple moving average of $158.85 and a 200-day simple moving average of $146.59. The company has a market capitalization of $5.88 billion, a P/E ratio of 21.30 and a beta of 0.99. The company has a debt-to-equity ratio of 3.37, a current ratio of 2.77 and a quick ratio of 3.41. GATX Co. has a 1 year low of $122.00 and a 1 year high of $168.29.

GATX (NYSE:GATX) last announced its quarterly earnings results on Thursday, January 23rd. The transportation company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 in the prior year, the company posted $1.74 earnings per share. On average, equities research analysts predict that GATX Co. will post 8.5 earnings per share for the current year.

GATX Increases Dividend

The business 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 dividend of $0.61 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.47%. This is a boost from GATX’s previous quarterly dividend of $0.58. GATX’s dividend payout ratio (DPR) is presently 29.86%.

Insider Buying and Selling

In related news, VP Robert Zmudka sold 4,800 shares of the stock in a transaction that occurred 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 transaction, the vice president now owns 7,493 shares of the company’s stock, valued at approximately $1,227,578.19. This trade represents a 39.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Jeffery R. Young sold 297 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $1,212,006.06. The trade was a 3.88 % decrease in their position. The disclosure for this sale can be found here. 1.99% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

GATX has been the subject of a number of recent research reports. 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. Sidoti downgraded shares of GATX from a “buy” rating to a “neutral” rating and set a $158.00 price objective for the company. in a report on Wednesday, December 4th. Finally, The Goldman Sachs Group initiated coverage on shares of GATX in a report on Monday, November 18th. They issued a “buy” rating and a $185.00 price objective for the company.

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.