Compagnie Lombard Odier SCmA Acquires Shares of 300 GATX Co. (NYSE:GATX)

Compagnie Lombard Odier SCmA bought a new position in shares of GATX Co. (NYSE:GATX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 300 shares of the transportation company’s stock, valued at approximately $46,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. UMB Bank n.a. lifted its holdings in GATX by 91.8% during the 4th quarter. UMB Bank n.a. now owns 163 shares of the transportation company’s stock worth $25,000 after buying an additional 78 shares in the last quarter. Wolff Wiese Magana LLC acquired a new position in shares of GATX during the third quarter valued at $28,000. Versant Capital Management Inc increased its position in GATX by 184.6% in the fourth quarter. Versant Capital Management Inc now owns 259 shares of the transportation company’s stock worth $40,000 after purchasing an additional 168 shares during the period. CWM LLC raised its holdings in GATX by 20.2% during the 3rd 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. Finally, Mather Group LLC. lifted its position in 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 purchasing an additional 112 shares during the period. 93.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Robert Zmudka sold 4,800 shares of the firm’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $163.83, for a total transaction of $786,384.00. Following the sale, the vice president now directly owns 7,493 shares in the company, valued at $1,227,578.19. This trade represents a 39.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Jeffery R. Young sold 297 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $164.63, for a total transaction of $48,895.11. Following the completion of the transaction, the senior vice president now directly owns 7,362 shares of the company’s stock, valued at approximately $1,212,006.06. The trade was a 3.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on GATX shares. Susquehanna boosted their price target on shares of GATX from $122.00 to $140.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. Sidoti downgraded GATX from a “buy” rating to a “neutral” rating and set a $158.00 price target on the stock. in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group started coverage on GATX in a research note on Monday, November 18th. They set a “buy” rating and a $185.00 price objective for the company.

GATX Stock Down 0.2 %

Shares of NYSE GATX opened at $164.99 on Friday. GATX Co. has a 52-week low of $122.00 and a 52-week high of $168.29. The company has a debt-to-equity ratio of 3.37, a quick ratio of 3.41 and a current ratio of 2.77. The stock has a market cap of $5.86 billion, a P/E ratio of 21.23 and a beta of 0.99. The firm has a 50 day moving average price of $159.24 and a 200 day moving average price of $147.74.

GATX (NYSE:GATX) last announced its quarterly earnings results on Thursday, January 23rd. The transportation company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate 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 last year, the business posted $1.74 earnings per share. Analysts expect that GATX Co. will post 8.5 EPS for the current year.

GATX Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.48%. This is a positive change from GATX’s previous quarterly dividend of $0.58. GATX’s dividend payout ratio (DPR) is currently 29.86%.

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.