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

Integrated Investment Consultants LLC boosted its position in shares of GATX Co. (NYSE:GATX) by 2.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,907 shares of the transportation company’s stock after acquiring an additional 82 shares during the period. Integrated Investment Consultants LLC’s holdings in GATX were worth $605,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GATX. HighTower Advisors LLC increased its stake in shares of GATX by 0.6% in the third 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 in the last quarter. Commonwealth Equity Services LLC boosted its holdings 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 buying an additional 78 shares during the period. CWM LLC increased its stake in GATX by 20.2% in the 3rd quarter. CWM LLC now owns 487 shares of the transportation company’s stock worth $65,000 after buying an additional 82 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of GATX by 5.9% in the third quarter. Franklin Resources Inc. now owns 2,846 shares of the transportation company’s stock valued at $385,000 after acquiring an additional 158 shares in the last quarter. Finally, KBC Group NV boosted its stake in shares of GATX by 3.0% in the third quarter. KBC Group NV now owns 5,534 shares of the transportation company’s stock worth $733,000 after acquiring an additional 160 shares during the period. Institutional investors own 93.14% of the company’s stock.

GATX Stock Performance

NYSE:GATX opened at $154.93 on Friday. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 20.71 and a beta of 0.99. GATX Co. has a 1 year low of $115.28 and a 1 year high of $167.74. The stock’s 50 day simple moving average is $157.19 and its two-hundred day simple moving average is $144.34. The company has a debt-to-equity ratio of 3.41, a current ratio of 3.41 and a quick ratio of 3.41.

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

GATX Announces Dividend

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

Analyst Ratings Changes

Several brokerages recently issued reports on GATX. Sidoti downgraded GATX from a “buy” rating to a “neutral” rating and set a $158.00 target price on the stock. in a research note on Wednesday, December 4th. The Goldman Sachs Group started coverage on shares of GATX in a report on Monday, November 18th. They issued a “buy” rating and a $185.00 target price on the stock. Finally, Susquehanna raised their target price on shares of GATX from $122.00 to $140.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $151.80.

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.