OMERS ADMINISTRATION Corp Invests $465,000 in GATX Co. (NYSE:GATX)

OMERS ADMINISTRATION Corp purchased a new position in shares of GATX Co. (NYSE:GATX - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,000 shares of the transportation company's stock, valued at approximately $465,000.

Other large investors have also made changes to their positions in the company. UMB Bank n.a. increased its position in shares of GATX by 91.8% during the fourth quarter. UMB Bank n.a. now owns 163 shares of the transportation company's stock worth $25,000 after purchasing an additional 78 shares in the last quarter. Assetmark Inc. increased its position in shares of GATX by 60.4% in the 4th 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 period. Brown Brothers Harriman & Co. acquired a new position in shares of GATX in the 4th quarter valued at $39,000. Compagnie Lombard Odier SCmA acquired a new position in shares of GATX in the 4th quarter valued at $46,000. Finally, Huntington National Bank increased its position in shares of GATX by 54.3% in the 4th quarter. Huntington National Bank now owns 344 shares of the transportation company's stock valued at $53,000 after acquiring an additional 121 shares during the period. 93.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Susquehanna cut their target price on GATX from $165.00 to $160.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. The Goldman Sachs Group reissued a "buy" rating on shares of GATX in a research report on Wednesday, April 23rd.

GATX Stock Performance

Shares of NYSE GATX traded down $1.05 during mid-day trading on Friday, hitting $144.27. The stock had a trading volume of 140,795 shares, compared to its average volume of 165,480. The company has a 50 day moving average of $148.84 and a two-hundred day moving average of $155.49. The firm has a market cap of $5.15 billion, a PE ratio of 18.57 and a beta of 1.18. 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 twelve month low of $127.00 and a twelve month high of $168.89.

GATX (NYSE:GATX - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The transportation company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.06. The company had revenue of $421.60 million for the quarter, compared to the consensus estimate of $417.06 million. GATX had a return on equity of 12.07% and a net margin of 17.92%. The firm's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the firm earned $2.01 EPS. Research analysts predict that GATX Co. will post 8.5 EPS for the current fiscal year.

GATX Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Friday, June 13th. GATX's dividend payout ratio is currently 30.93%.

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.