29,442 Shares in GATX Co. (NYSE:GATX) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in shares of GATX Co. (NYSE:GATX) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 29,442 shares of the transportation company’s stock, valued at approximately $4,562,000.

Several other large investors also recently modified their holdings of GATX. M&T Bank Corp grew its stake in GATX by 7.7% during the fourth quarter. M&T Bank Corp now owns 2,497 shares of the transportation company’s stock worth $387,000 after buying an additional 178 shares during the last quarter. Atria Investments Inc increased its holdings in GATX by 1.2% during the 4th quarter. Atria Investments Inc now owns 15,429 shares of the transportation company’s stock valued at $2,391,000 after purchasing an additional 181 shares in the last quarter. Assetmark Inc. raised its position in 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 purchasing an additional 67 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in GATX by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 478,214 shares of the transportation company’s stock worth $74,104,000 after purchasing an additional 3,485 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its holdings in shares of GATX by 1.7% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 34,729 shares of the transportation company’s stock worth $5,382,000 after purchasing an additional 578 shares during the last quarter. 93.14% of the stock is currently owned by institutional investors.

GATX Trading Up 0.8 %

GATX opened at $155.13 on Tuesday. GATX Co. has a twelve month low of $122.00 and a twelve month high of $168.89. The firm has a market cap of $5.52 billion, a PE ratio of 19.96 and a beta of 1.00. 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 firm’s fifty day moving average is $160.02 and its two-hundred day moving average is $151.15.

GATX (NYSE:GATX) last issued its quarterly earnings data on Thursday, January 23rd. The transportation company reported $1.93 EPS for the quarter, topping 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 quarter in the prior year, the firm posted $1.74 EPS. Equities research analysts anticipate that GATX Co. will post 8.5 EPS for the current year.

GATX Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a $0.61 dividend. This is a boost from GATX’s previous quarterly dividend of $0.58. The ex-dividend date is Friday, February 28th. This represents a $2.44 annualized dividend and a yield of 1.57%. GATX’s payout ratio is presently 31.40%.

Insiders Place Their Bets

In related news, VP Robert Zmudka sold 4,800 shares of the firm’s 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 sale, the vice president now directly owns 7,493 shares in the company, valued at approximately $1,227,578.19. This trade represents a 39.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Jeffery R. Young sold 297 shares of GATX 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 transaction, the senior vice president now directly owns 7,362 shares of the company’s stock, valued at approximately $1,212,006.06. This trade represents a 3.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on GATX shares. The Goldman Sachs Group assumed coverage on shares of GATX in a research report on Monday, November 18th. They set a “buy” rating and a $185.00 price target on the stock. Sidoti downgraded shares of GATX from a “buy” rating to a “neutral” rating and set a $158.00 target price for the company. in a research note on Wednesday, December 4th.

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.