GATX Co. (GATX) SVP Michael T. Brooks Sells 1,791 Shares

GATX Co. (NYSE:GATX) SVP Michael T. Brooks sold 1,791 shares of GATX stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $70.75, for a total value of $126,713.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

GATX Co. (NYSE:GATX) opened at $68.65 on Monday. GATX Co. has a twelve month low of $55.82 and a twelve month high of $72.96. The company has a current ratio of 3.32, a quick ratio of 3.13 and a debt-to-equity ratio of 2.45. The firm has a market capitalization of $2,629.29, a price-to-earnings ratio of 14.64, a PEG ratio of 1.00 and a beta of 1.25.

GATX (NYSE:GATX) last issued its quarterly earnings results on Thursday, January 18th. The transportation company reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.04). GATX had a net margin of 36.46% and a return on equity of 12.15%. The business had revenue of $352.80 million for the quarter, compared to analysts’ expectations of $347.90 million. During the same quarter in the prior year, the firm posted $1.14 EPS. The business’s quarterly revenue was down 2.6% compared to the same quarter last year. analysts expect that GATX Co. will post 4.56 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 31st. Stockholders of record on Monday, March 5th will be issued a dividend of $0.44 per share. This is an increase from GATX’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, March 2nd. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.56%. GATX’s payout ratio is currently 13.05%.

Several hedge funds have recently modified their holdings of GATX. Shine Investment Advisory Services Inc. purchased a new position in shares of GATX during the fourth quarter valued at $109,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of GATX by 56.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,983 shares of the transportation company’s stock valued at $123,000 after buying an additional 719 shares in the last quarter. Advisor Group Inc. grew its holdings in shares of GATX by 15.5% during the second quarter. Advisor Group Inc. now owns 2,519 shares of the transportation company’s stock valued at $161,000 after buying an additional 338 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new position in shares of GATX during the third quarter valued at $233,000. Finally, Flinton Capital Management LLC grew its holdings in shares of GATX by 51.7% during the second quarter. Flinton Capital Management LLC now owns 3,696 shares of the transportation company’s stock valued at $237,000 after buying an additional 1,260 shares in the last quarter.

GATX has been the topic of a number of recent research reports. Citigroup lifted their target price on GATX from $71.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, January 24th. Zacks Investment Research upgraded GATX from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a report on Wednesday, December 27th. ValuEngine cut GATX from a “strong-buy” rating to a “buy” rating in a report on Monday, November 6th. BidaskClub upgraded GATX from a “hold” rating to a “buy” rating in a report on Tuesday, October 17th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $56.00 target price on shares of GATX in a report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $67.40.

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GATX Company Profile

GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and Asia. In addition, the Company operates fleet of the United States-flagged vessels on the Great Lakes and jointly with Rolls-Royce plc, it owns aircraft spare engine lease portfolios in the world. It operates through four business segments: Rail North America, Rail International, American Steamship Company (ASC), and Portfolio Management.

Insider Buying and Selling by Quarter for GATX (NYSE:GATX)

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