Nisa Investment Advisors LLC Has $1.61 Million Stock Position in GATX Co. (NYSE:GATX)

Nisa Investment Advisors LLC lessened its holdings in shares of GATX Co. (NYSE:GATXFree Report) by 1.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,375 shares of the transportation company’s stock after selling 136 shares during the quarter. Nisa Investment Advisors LLC’s holdings in GATX were worth $1,608,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. HighTower Advisors LLC increased its position in GATX by 0.6% during the 3rd quarter. HighTower Advisors LLC now owns 10,692 shares of the transportation company’s stock valued at $1,418,000 after purchasing an additional 68 shares during the period. UMB Bank n.a. raised its stake in 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 buying an additional 78 shares during the last quarter. CWM LLC raised its stake in GATX by 20.2% during the third quarter. CWM LLC now owns 487 shares of the transportation company’s stock worth $65,000 after buying an additional 82 shares during the last quarter. Integrated Investment Consultants LLC lifted its holdings in GATX by 2.1% in the fourth quarter. Integrated Investment Consultants LLC now owns 3,907 shares of the transportation company’s stock valued at $605,000 after buying an additional 82 shares during the period. Finally, Franklin Resources Inc. boosted its position in GATX by 5.9% during the third quarter. Franklin Resources Inc. now owns 2,846 shares of the transportation company’s stock valued at $385,000 after acquiring an additional 158 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on GATX shares. Susquehanna boosted their price objective on GATX from $122.00 to $140.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. Sidoti lowered GATX from a “buy” rating to a “neutral” rating and set a $158.00 price target on the stock. in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group initiated coverage on shares of GATX in a research report on Monday, November 18th. They set a “buy” rating and a $185.00 price objective for the company.

Read Our Latest Research Report on GATX

GATX Stock Performance

Shares of GATX stock opened at $165.36 on Tuesday. The business has a 50-day simple moving average of $158.06 and a 200 day simple moving average of $145.51. GATX Co. has a one year low of $120.14 and a one year high of $168.29. The company has a debt-to-equity ratio of 3.41, a current ratio of 3.41 and a quick ratio of 3.41. The firm has a market capitalization of $5.87 billion, a price-to-earnings ratio of 22.11 and a beta of 0.99.

GATX (NYSE:GATXGet Free Report) last released its quarterly earnings data on Thursday, January 23rd. The transportation company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.68 by $0.25. GATX had a return on equity of 11.98% and a net margin of 17.76%. During the same quarter in the prior year, the business earned $1.74 earnings per share. On average, research analysts anticipate that GATX Co. will post 7.6 earnings per share for the current fiscal year.

GATX Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for GATX (NYSE:GATX)

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