GATX Co. (NYSE:GATX) Shares Purchased by Quadrature Capital Ltd

Quadrature Capital Ltd grew its position in shares of GATX Co. (NYSE:GATX) by 3.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,969 shares of the transportation company’s stock after acquiring an additional 90 shares during the quarter. Quadrature Capital Ltd’s holdings in GATX were worth $357,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of GATX by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 3,917,862 shares of the transportation company’s stock valued at $471,005,000 after acquiring an additional 14,420 shares during the period. Earnest Partners LLC boosted its holdings in shares of GATX by 3.0% during the third quarter. Earnest Partners LLC now owns 2,829,696 shares of the transportation company’s stock valued at $307,956,000 after acquiring an additional 82,608 shares during the period. Sei Investments Co. boosted its holdings in shares of GATX by 32.2% during the fourth quarter. Sei Investments Co. now owns 784,202 shares of the transportation company’s stock valued at $94,277,000 after acquiring an additional 191,187 shares during the period. American Century Companies Inc. boosted its holdings in shares of GATX by 22.6% during the third quarter. American Century Companies Inc. now owns 468,726 shares of the transportation company’s stock valued at $51,011,000 after acquiring an additional 86,501 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of GATX by 1.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 447,361 shares of the transportation company’s stock valued at $53,782,000 after acquiring an additional 6,476 shares during the period. Institutional investors and hedge funds own 93.14% of the company’s stock.

GATX Stock Performance

Shares of GATX opened at $131.97 on Tuesday. The firm has a 50-day moving average price of $131.98 and a 200 day moving average price of $127.49. The firm has a market capitalization of $4.70 billion, a PE ratio of 18.80 and a beta of 1.00. The company has a quick ratio of 3.39, a current ratio of 3.39 and a debt-to-equity ratio of 3.28. GATX Co. has a 52-week low of $97.21 and a 52-week high of $141.24.

GATX (NYSE:GATX) last announced its earnings results on Tuesday, April 23rd. The transportation company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.29. The firm had revenue of $379.90 million during the quarter, compared to analyst estimates of $375.80 million. GATX had a net margin of 17.64% and a return on equity of 11.29%. GATX’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.20 EPS. On average, sell-side analysts anticipate that GATX Co. will post 7.61 earnings per share for the current fiscal year.

GATX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 30th. Shareholders 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 yield of 1.76%. The ex-dividend date is Friday, June 14th. GATX’s payout ratio is 33.05%.

Insider Buying and Selling at GATX

In other GATX news, Director Anne L. Arvia sold 1,000 shares of the company’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $131.98, for a total value of $131,980.00. Following the completion of the sale, the director now directly owns 32,477 shares of the company’s stock, valued at approximately $4,286,314.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other GATX news, Director Anne L. Arvia sold 1,000 shares of the company’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $131.98, for a total value of $131,980.00. Following the completion of the sale, the director now directly owns 32,477 shares of the company’s stock, valued at approximately $4,286,314.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Robert Zmudka sold 4,800 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $139.66, for a total transaction of $670,368.00. Following the sale, the vice president now directly owns 7,493 shares of the company’s stock, valued at $1,046,472.38. The disclosure for this sale can be found here. In the last three months, insiders sold 14,800 shares of company stock valued at $2,056,678. 1.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, Susquehanna boosted their price target on shares of GATX from $120.00 to $122.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th.

GATX Company Profile

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.