GATX Co. (NYSE:GATX) Shares Purchased by Natixis Advisors L.P.

Natixis Advisors L.P. lifted its stake in shares of GATX Co. (NYSE:GATX - Free Report) by 5.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 136,515 shares of the transportation company's stock after buying an additional 7,637 shares during the period. Natixis Advisors L.P. owned about 0.38% of GATX worth $16,411,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of GATX. Orion Capital Management LLC purchased a new position in shares of GATX during the third quarter valued at approximately $27,000. GAMMA Investing LLC purchased a new position in GATX in the fourth quarter worth $32,000. Headinvest LLC purchased a new position in GATX in the third quarter worth $33,000. McGlone Suttner Wealth Management Inc. purchased a new position in GATX in the fourth quarter worth $36,000. Finally, Bruce G. Allen Investments LLC purchased a new position in GATX in the fourth quarter worth $42,000. Hedge funds and other institutional investors own 93.14% of the company's stock.

Insider Transactions at GATX

In related news, SVP Kevin Hillesland sold 2,200 shares of the stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $133.83, for a total transaction of $294,426.00. Following the completion of the sale, the senior vice president now directly owns 7,711 shares in the company, valued at approximately $1,031,963.13. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Robert C. Lyons sold 19,300 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $125.70, for a total value of $2,426,010.00. Following the completion of the transaction, the chief executive officer now owns 44,710 shares of the company's stock, valued at approximately $5,620,047. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Kevin Hillesland sold 2,200 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $133.83, for a total value of $294,426.00. Following the completion of the transaction, the senior vice president now directly owns 7,711 shares of the company's stock, valued at approximately $1,031,963.13. The disclosure for this sale can be found here. Company insiders own 1.99% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on GATX. Susquehanna boosted their price objective on GATX from $120.00 to $122.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 24th. Wells Fargo & Company boosted their price objective on GATX from $130.00 to $140.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 24th. Finally, TD Cowen boosted their target price on GATX from $122.00 to $136.00 and gave the company a "market perform" rating in a research note on Wednesday, January 24th.

GATX Price Performance

NYSE GATX traded up $1.42 during trading on Tuesday, reaching $130.77. The company's stock had a trading volume of 183,217 shares, compared to its average volume of 142,297. The stock has a market capitalization of $4.66 billion, a PE ratio of 18.42 and a beta of 1.00. The company has a debt-to-equity ratio of 3.28, a current ratio of 3.39 and a quick ratio of 3.39. The firm has a fifty day moving average of $129.74 and a 200 day moving average of $121.08. GATX Co. has a one year low of $97.21 and a one year high of $135.65.

GATX (NYSE:GATX - Get Free Report) last announced its earnings results on Tuesday, April 23rd. The transportation company reported $2.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.72 by $0.29. GATX had a return on equity of 11.29% and a net margin of 17.64%. The business had revenue of $379.90 million for the quarter, compared to analyst estimates of $375.80 million. During the same period in the prior year, the company earned $2.20 EPS. The company's quarterly revenue was up 12.1% compared to the same quarter last year. Analysts expect that GATX Co. will post 7.55 EPS for the current fiscal year.

GATX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 30th. Stockholders of record on Friday, June 14th will be issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend is Friday, June 14th. GATX's payout ratio is currently 33.05%.

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.