Greenleaf Trust Makes New $228,000 Investment in GATX Co. (NYSE:GATX)

Greenleaf Trust bought a new stake in GATX Co. (NYSE:GATX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,469 shares of the transportation company’s stock, valued at approximately $228,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. UMB Bank n.a. lifted its stake in shares of GATX by 91.8% in the fourth quarter. UMB Bank n.a. now owns 163 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 78 shares during the period. Wolff Wiese Magana LLC acquired a new stake in shares of GATX during the 3rd quarter valued at approximately $28,000. Versant Capital Management Inc boosted its stake in shares of GATX by 184.6% during the 4th quarter. Versant Capital Management Inc now owns 259 shares of the transportation company’s stock worth $40,000 after acquiring an additional 168 shares in the last quarter. CWM LLC grew its holdings in shares of GATX by 20.2% in the 3rd quarter. CWM LLC now owns 487 shares of the transportation company’s stock worth $65,000 after acquiring an additional 82 shares during the period. Finally, GAMMA Investing LLC increased its stake in GATX by 63.2% in the 4th quarter. GAMMA Investing LLC now owns 524 shares of the transportation company’s stock valued at $81,000 after purchasing an additional 203 shares in the last quarter. 93.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at GATX

In related news, VP Robert Zmudka sold 4,800 shares of the business’s stock in a transaction that occurred on 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 directly owns 7,493 shares in the company, valued at approximately $1,227,578.19. The trade was a 39.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 in the company, valued at approximately $1,212,006.06. This represents a 3.88 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.99% of the company’s stock.

GATX Stock Up 0.4 %

Shares of NYSE:GATX opened at $166.22 on Friday. The company has a market capitalization of $5.90 billion, a P/E ratio of 21.39 and a beta of 0.99. The stock’s fifty day simple moving average is $158.85 and its 200-day simple moving average is $146.59. GATX Co. has a 52-week low of $122.00 and a 52-week high of $168.29. The company has a quick ratio of 3.41, a current ratio of 2.77 and a debt-to-equity ratio of 3.37.

GATX (NYSE:GATX) last released its quarterly earnings results on Thursday, January 23rd. The transportation company reported $1.93 earnings per share (EPS) 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 in the previous year, the company posted $1.74 EPS. As a group, equities research analysts forecast that GATX Co. will post 8.5 earnings per share for the current fiscal year.

GATX Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Friday, February 28th. This is a positive change from GATX’s previous quarterly dividend of $0.58. GATX’s dividend payout ratio is currently 29.86%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Sidoti lowered 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 assumed coverage on shares of GATX in a research note on Monday, November 18th. They issued a “buy” rating and a $185.00 price objective on the stock. Finally, Susquehanna upped their price target 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 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.