Natixis Advisors LLC Has $27.88 Million Stock Position in GATX Co. (NYSE:GATX)

Natixis Advisors LLC grew its position in shares of GATX Co. (NYSE:GATX - Free Report) by 7.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 179,892 shares of the transportation company's stock after purchasing an additional 12,241 shares during the quarter. Natixis Advisors LLC owned 0.51% of GATX worth $27,876,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of GATX. Raymond James Financial Inc. acquired a new stake in GATX during the fourth quarter valued at approximately $5,391,000. Proficio Capital Partners LLC bought a new position in shares of GATX in the fourth quarter valued at $4,562,000. EULAV Asset Management lifted its position in shares of GATX by 125.0% during the 4th quarter. EULAV Asset Management now owns 37,800 shares of the transportation company's stock valued at $5,857,000 after acquiring an additional 21,000 shares during the last quarter. Citigroup Inc. boosted its stake in shares of GATX by 209.7% during the 3rd quarter. Citigroup Inc. now owns 29,602 shares of the transportation company's stock worth $3,921,000 after acquiring an additional 20,045 shares in the last quarter. Finally, NFJ Investment Group LLC acquired a new position in shares of GATX in the 3rd quarter worth $2,479,000. 93.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Sidoti downgraded GATX from a "buy" rating to a "neutral" rating and set a $158.00 target price for the company. in a report on Wednesday, December 4th.

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GATX Trading Down 0.8 %

Shares of GATX stock traded down $1.27 during trading hours on Friday, reaching $154.68. 306,888 shares of the stock traded hands, compared to its average volume of 148,348. The company has a quick ratio of 3.41, a current ratio of 2.77 and a debt-to-equity ratio of 3.37. The firm has a market capitalization of $5.52 billion, a PE ratio of 19.91 and a beta of 1.00. GATX Co. has a 1-year low of $122.00 and a 1-year high of $168.89. The business has a fifty day moving average price of $160.25 and a 200 day moving average price of $151.31.

GATX (NYSE:GATX - Get Free Report) last announced its 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 quarter in the prior year, the company posted $1.74 EPS. On average, equities research analysts forecast that GATX Co. will post 8.5 EPS for the current year.

GATX Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a dividend of $0.61 per share. The ex-dividend date is Friday, February 28th. This is a positive change from GATX's previous quarterly dividend of $0.58. This represents a $2.44 dividend on an annualized basis and a yield of 1.58%. GATX's dividend payout ratio (DPR) is presently 31.40%.

Insider Buying and Selling at GATX

In other news, SVP Jeffery R. Young sold 297 shares of the business's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $164.63, for a total transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Robert Zmudka sold 4,800 shares of the stock in a transaction 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 sale, the vice president now owns 7,493 shares of the company's stock, valued at approximately $1,227,578.19. This represents a 39.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.80% of the company's stock.

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.