Sei Investments Co. Has $115.11 Million Stock Position in GATX Co. (NYSE:GATX)

Sei Investments Co. grew its stake in shares of GATX Co. (NYSE:GATX) by 4.9% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 869,643 shares of the transportation company’s stock after buying an additional 40,924 shares during the period. Sei Investments Co. owned approximately 2.44% of GATX worth $115,106,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Private Advisor Group LLC acquired a new stake in shares of GATX in the fourth quarter valued at $254,000. Norges Bank acquired a new position in GATX in the 4th quarter worth $41,112,000. UBS Group AG raised its position in GATX by 73.2% in the 4th quarter. UBS Group AG now owns 51,988 shares of the transportation company’s stock valued at $6,250,000 after buying an additional 21,977 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of GATX by 0.7% in the fourth quarter. Wells Fargo & Company MN now owns 139,680 shares of the transportation company’s stock valued at $16,792,000 after purchasing an additional 969 shares during the last quarter. Finally, Quest Partners LLC bought a new stake in GATX during the 4th quarter worth about $154,000. Institutional investors and hedge funds own 93.14% of the company’s stock.

GATX Trading Down 0.8 %

NYSE GATX opened at $138.05 on Friday. The company has a market cap of $4.91 billion, a PE ratio of 19.67 and a beta of 0.96. The stock has a 50 day moving average of $138.14 and a 200-day moving average of $134.27. GATX Co. has a 12 month low of $97.21 and a 12 month high of $151.33. The company has a current ratio of 4.97, a quick ratio of 4.97 and a debt-to-equity ratio of 3.52.

GATX (NYSE:GATX) last announced its earnings results on Tuesday, July 23rd. The transportation company reported $1.43 earnings per share for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.39). The firm had revenue of $386.70 million for the quarter, compared to the consensus estimate of $385.45 million. GATX had a return on equity of 10.61% and a net margin of 15.86%. GATX’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter last year, the business posted $1.73 EPS. On average, equities research analysts anticipate that GATX Co. will post 7.5 EPS for the current fiscal year.

GATX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be issued a $0.58 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.68%. GATX’s dividend payout ratio (DPR) is currently 33.05%.

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.