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.
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.
TRADEMARK VIOLATION WARNING: This piece was originally reported by Community Financial News and is owned by of Community Financial News. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The correct version of this piece can be read at https://www.com-unik.info/2018/02/05/gatx-co-gatx-svp-michael-t-brooks-sells-1791-shares.html.
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.
Receive News & Ratings for GATX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GATX and related companies with MarketBeat.com's FREE daily email newsletter.