Level Four Advisory Services LLC Takes Position in GATX Co. (NYSE:GATX)

Level Four Advisory Services LLC acquired a new position in GATX Co. (NYSE:GATX) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 25,763 shares of the transportation company’s stock, valued at approximately $3,992,000. Level Four Advisory Services LLC owned about 0.07% of GATX at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of GATX. UMB Bank n.a. boosted its stake in shares of GATX by 91.8% in the 4th 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 last quarter. Assetmark Inc. boosted its stake in GATX by 60.4% in the fourth quarter. Assetmark Inc. now owns 178 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 67 shares during the last quarter. Versant Capital Management Inc boosted its stake in GATX by 184.6% in the fourth quarter. Versant Capital Management Inc now owns 259 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 168 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in GATX during the 4th quarter worth $46,000. Finally, Mather Group LLC. raised its position in shares of GATX by 36.0% during the 4th quarter. Mather Group LLC. now owns 423 shares of the transportation company’s stock valued at $66,000 after acquiring an additional 112 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company’s stock.

Insider Buying and Selling at GATX

In related news, SVP Jeffery R. Young sold 297 shares of GATX stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $164.63, for a total value of $48,895.11. Following the sale, the senior vice president now owns 7,362 shares of the company’s stock, valued at approximately $1,212,006.06. This trade represents a 3.88 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Robert Zmudka sold 4,800 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $163.83, for a total value of $786,384.00. Following the transaction, the vice president now directly owns 7,493 shares of the company’s stock, valued at approximately $1,227,578.19. This trade represents a 39.05 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.17% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Sidoti lowered GATX from a “buy” rating to a “neutral” rating and set a $158.00 price target on the stock. in a research report on Wednesday, December 4th.

GATX Stock Performance

Shares of NYSE:GATX opened at $155.94 on Friday. The firm’s 50 day simple moving average is $160.81 and its 200 day simple moving average is $152.25. GATX Co. has a fifty-two week low of $122.00 and a fifty-two week high of $168.89. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 20.07 and a beta of 1.00. The company has a debt-to-equity ratio of 3.37, a current ratio of 2.77 and a quick ratio of 3.41.

GATX (NYSE:GATX) last released its quarterly earnings data on Thursday, January 23rd. The transportation company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates 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 period in the previous year, the company posted $1.74 earnings per share. As a group, sell-side analysts forecast that GATX Co. will post 8.5 earnings per share for the current year.

GATX Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a dividend of $0.61 per share. This is an increase from GATX’s previous quarterly dividend of $0.58. This represents a $2.44 annualized dividend and a yield of 1.56%. The ex-dividend date is Friday, February 28th. GATX’s dividend payout ratio (DPR) is 31.40%.

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.