GATX Co. (NYSE:GATX) EVP Deborah A. Golden sold 2,869 shares of the firm’s stock in a transaction on Thursday, September 13th. The shares were sold at an average price of $81.73, for a total value of $234,483.37. Following the sale, the executive vice president now directly owns 43,610 shares of the company’s stock, valued at $3,564,245.30. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

GATX traded up $0.54 during trading hours on Friday, hitting $83.18. The stock had a trading volume of 4,934 shares, compared to its average volume of 175,750. GATX Co. has a 1 year low of $56.00 and a 1 year high of $91.12. The firm has a market cap of $3.09 billion, a P/E ratio of 17.75, a price-to-earnings-growth ratio of 1.08 and a beta of 1.39. The company has a debt-to-equity ratio of 2.43, a quick ratio of 2.77 and a current ratio of 2.77.

GATX (NYSE:GATX) last announced its quarterly earnings data on Thursday, July 19th. The transportation company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.24. GATX had a return on equity of 11.34% and a net margin of 37.03%. The company had revenue of $349.50 million during the quarter, compared to analyst estimates of $340.50 million. During the same quarter last year, the firm posted $1.32 EPS. The firm’s revenue for the quarter was up .3% on a year-over-year basis. research analysts predict that GATX Co. will post 5.06 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, September 30th. Investors of record on Friday, September 14th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 2.12%. The ex-dividend date is Thursday, September 13th. GATX’s dividend payout ratio (DPR) is currently 37.45%.

Several brokerages have recently issued reports on GATX. Mizuho reaffirmed a “buy” rating and set a $95.00 target price on shares of GATX in a research report on Friday, July 20th. Zacks Investment Research raised GATX from a “hold” rating to a “buy” rating and set a $93.00 price objective for the company in a report on Thursday, September 6th. Stifel Nicolaus set a $78.00 price objective on GATX and gave the stock a “hold” rating in a report on Thursday, July 19th. ValuEngine raised GATX from a “hold” rating to a “buy” rating in a report on Friday, June 29th. Finally, Buckingham Research lifted their price objective on GATX from $67.00 to $74.00 and gave the stock a “neutral” rating in a report on Friday, July 27th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $81.17.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in GATX by 42.4% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,824 shares of the transportation company’s stock valued at $193,000 after buying an additional 841 shares in the last quarter. Victory Capital Management Inc. grew its holdings in GATX by 7.7% during the 1st quarter. Victory Capital Management Inc. now owns 14,950 shares of the transportation company’s stock valued at $1,024,000 after buying an additional 1,069 shares in the last quarter. Prudential Financial Inc. grew its holdings in GATX by 15.0% during the 1st quarter. Prudential Financial Inc. now owns 248,006 shares of the transportation company’s stock valued at $16,986,000 after buying an additional 32,300 shares in the last quarter. Swiss National Bank grew its holdings in GATX by 1.7% during the 1st quarter. Swiss National Bank now owns 64,000 shares of the transportation company’s stock valued at $4,383,000 after buying an additional 1,100 shares in the last quarter. Finally, M&T Bank Corp purchased a new position in GATX during the 1st quarter valued at about $205,000.

About GATX

GATX Corporation leases, operates, manages, and remarkets assets in the rail and marine markets in North America and internationally. The company operates through four segments: Rail North America, Rail International, American Steamship Company (ASC), and Portfolio Management. The Rail North America segment primarily leases railcars and locomotives.

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