Gatx Corp (NYSE:GMT) Institutional Investor Sentiment Trend

October 13, 2017 - By Darrin Black

 Gatx Corp (NYSE:GMT) Institutional Investor Sentiment Trend

Sentiment for Gatx Corp (NYSE:GMT)

Gatx Corp (NYSE:GMT) institutional sentiment increased to 0.93 in Q2 2017. Its up 0.24, from 0.69 in 2017Q1. The ratio has improved, as 87 funds opened new and increased equity positions, while 94 sold and decreased equity positions in Gatx Corp. The funds in our partner’s database now hold: 44.69 million shares, down from 47.04 million shares in 2017Q1. Also, the number of funds holding Gatx Corp in their top 10 equity positions increased from 1 to 2 for an increase of 1. Sold All: 20 Reduced: 74 Increased: 62 New Position: 25.

GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and Asia. The company has market cap of $2.45 billion. In addition, the Company operates fleet of the United States-flagged vessels on the Great Lakes and jointly with Rolls-Royce plc, it owns aircraft spare engine lease portfolios in the world. It has a 10.7 P/E ratio. It operates through four business divisions: Rail North America, Rail International, American Steamship Company , and Portfolio Management.

The stock increased 0.67% or $0.42 on October 13, reaching $63.35. About 144,558 shares traded. GATX Corporation (NYSE:GMT) has 0.00% since October 13, 2016 and is . It has underperformed by 16.70% the S&P500.

Analysts await GATX Corporation (NYSE:GATX) to report earnings on October, 19. They expect $0.99 EPS, down 56.00 % or $1.26 from last year’s $2.25 per share. GATX’s profit will be $38.29 million for 16.00 P/E if the $0.99 EPS becomes a reality. After $1.32 actual EPS reported by GATX Corporation for the previous quarter, Wall Street now forecasts -25.00 % negative EPS growth.

GATX Corporation (NYSE:GATX) Ratings Coverage

Ratings analysis reveals 67% of GATX Corp’s analysts are positive. Out of 3 Wall Street analysts rating GATX Corp, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $45 while the high is $57. The stock’s average target of $49 is -22.65% below today’s ($63.35) share price. GMT was included in 7 notes of analysts from July 24, 2015. The rating was maintained by Avondale on Wednesday, April 20 with “Market Perform”. The stock of GATX Corporation (NYSE:GATX) earned “Buy” rating by Stifel Nicolaus on Friday, January 22. Stifel Nicolaus maintained GATX Corporation (NYSE:GATX) on Friday, October 23 with “Buy” rating. The stock of GATX Corporation (NYSE:GATX) earned “Buy” rating by Stifel Nicolaus on Friday, July 24. The stock has “Outperform” rating by Wells Fargo on Monday, May 9.

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