Integrated Investment Consultants LLC Buys 82 Shares of GATX Co. (NYSE:GATX)

Integrated Investment Consultants LLC raised its position in shares of GATX Co. (NYSE:GATX) by 2.1% during the fourth quarter, HoldingsChannel reports. The fund owned 3,907 shares of the transportation company’s stock after acquiring an additional 82 shares during the quarter. Integrated Investment Consultants LLC’s holdings in GATX were worth $605,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. HighTower Advisors LLC boosted its stake in shares of GATX by 0.6% during the 3rd quarter. HighTower Advisors LLC now owns 10,692 shares of the transportation company’s stock worth $1,418,000 after purchasing an additional 68 shares during the period. Commonwealth Equity Services LLC raised its position in GATX by 1.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 4,560 shares of the transportation company’s stock worth $604,000 after purchasing an additional 78 shares during the period. CWM LLC lifted its stake in GATX by 20.2% in the third quarter. CWM LLC now owns 487 shares of the transportation company’s stock worth $65,000 after purchasing an additional 82 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of GATX by 5.9% during the third quarter. Franklin Resources Inc. now owns 2,846 shares of the transportation company’s stock valued at $385,000 after buying an additional 158 shares during the period. Finally, KBC Group NV grew its stake in shares of GATX by 3.0% during the third quarter. KBC Group NV now owns 5,534 shares of the transportation company’s stock valued at $733,000 after buying an additional 160 shares during the last quarter. Hedge funds and other institutional investors own 93.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on GATX shares. Sidoti lowered GATX from a “buy” rating to a “neutral” rating and set a $158.00 price target for the company. in a research note on Wednesday, December 4th. Susquehanna lifted their target price on GATX from $122.00 to $140.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. 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 target on the stock. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $151.80.

GATX Trading Up 0.5 %

GATX opened at $154.93 on Friday. The company has a quick ratio of 3.41, a current ratio of 3.41 and a debt-to-equity ratio of 3.41. The stock’s fifty day moving average is $157.19 and its two-hundred day moving average is $144.34. The company has a market capitalization of $5.50 billion, a P/E ratio of 20.71 and a beta of 0.99. GATX Co. has a 52 week low of $115.28 and a 52 week high of $167.74.

GATX (NYSE:GATX) last announced its quarterly earnings results on Tuesday, October 22nd. The transportation company reported $2.50 EPS for the quarter, beating the consensus estimate of $1.96 by $0.54. GATX had a return on equity of 11.98% and a net margin of 17.76%. The firm had revenue of $405.40 million for the quarter, compared to analyst estimates of $391.65 million. During the same quarter last year, the firm posted $1.44 earnings per share. The business’s revenue for the quarter was up 12.6% on a year-over-year basis. Analysts forecast that GATX Co. will post 7.6 earnings per share for the current year.

GATX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.58 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $2.32 annualized dividend and a dividend yield of 1.50%. GATX’s payout ratio is presently 31.02%.

About GATX

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.