EULAV Asset Management Purchases 21,000 Shares of GATX Co. (NYSE:GATX)

EULAV Asset Management increased its holdings in GATX Co. (NYSE:GATX - Free Report) by 125.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,800 shares of the transportation company's stock after purchasing an additional 21,000 shares during the period. EULAV Asset Management owned 0.11% of GATX worth $5,857,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. UMB Bank n.a. boosted its position 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 purchasing an additional 78 shares during the period. Wolff Wiese Magana LLC bought a new position in shares of GATX during the third quarter worth about $28,000. Versant Capital Management Inc grew its position in shares of GATX by 184.6% in the 4th quarter. Versant Capital Management Inc now owns 259 shares of the transportation company's stock worth $40,000 after acquiring an additional 168 shares in the last quarter. Mather Group LLC. raised its holdings in shares of GATX by 36.0% during the fourth quarter. Mather Group LLC. now owns 423 shares of the transportation company's stock worth $66,000 after purchasing an additional 112 shares during the period. Finally, CWM LLC raised its stake in GATX by 20.2% during the third quarter. CWM LLC now owns 487 shares of the transportation company's stock worth $65,000 after acquiring an additional 82 shares during the period. Hedge funds and other institutional investors own 93.14% of the company's stock.

GATX Stock Performance

Shares of GATX stock traded down $1.45 during trading on Wednesday, reaching $165.45. The company's stock had a trading volume of 140,527 shares, compared to its average volume of 145,826. The company has a debt-to-equity ratio of 3.37, a quick ratio of 3.41 and a current ratio of 2.77. GATX Co. has a one year low of $122.00 and a one year high of $168.29. The business's fifty day moving average price is $159.04 and its 200-day moving average price is $147.42. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of 21.29 and a beta of 0.99.

GATX (NYSE:GATX - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The transportation company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.25. GATX had a return on equity of 12.07% and a net margin of 17.92%. During the same period last year, the company posted $1.74 EPS. As a group, equities research analysts predict that GATX Co. will post 8.5 earnings per share for the current year.

GATX Increases Dividend

The company also recently disclosed 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 a boost from GATX's previous quarterly dividend of $0.58. This represents a $2.44 annualized dividend and a yield of 1.47%. The ex-dividend date is Friday, February 28th. GATX's payout ratio is currently 29.86%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Susquehanna boosted their price objective on GATX from $122.00 to $140.00 and gave the stock a "neutral" rating in a research report on Monday, October 21st. The Goldman Sachs Group assumed coverage on GATX in a report on Monday, November 18th. They issued a "buy" rating and a $185.00 price target on the stock. Finally, Sidoti lowered shares of GATX from a "buy" rating to a "neutral" rating and set a $158.00 price objective for the company. in a research note on Wednesday, December 4th.

Insider Buying and Selling

In other news, VP Robert Zmudka sold 4,800 shares of GATX stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $163.83, for a total value of $786,384.00. Following the completion of the transaction, the vice president now owns 7,493 shares of the company's stock, valued at $1,227,578.19. This trade represents a 39.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Jeffery R. Young sold 297 shares of the business's 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 transaction, the senior vice president now directly owns 7,362 shares in the company, valued at $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 insiders.

GATX Company 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.