1,575 Shares in GATX Co. (NYSE:GATX) Purchased by First Bank & Trust

First Bank & Trust acquired a new position in shares of GATX Co. (NYSE:GATXFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,575 shares of the transportation company’s stock, valued at approximately $211,000.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of GATX by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 3,917,862 shares of the transportation company’s stock worth $471,005,000 after purchasing an additional 14,420 shares during the last quarter. Earnest Partners LLC lifted its position in shares of GATX by 3.0% during the 3rd quarter. Earnest Partners LLC now owns 2,829,696 shares of the transportation company’s stock worth $307,956,000 after purchasing an additional 82,608 shares during the last quarter. Sei Investments Co. lifted its position in shares of GATX by 32.2% during the 4th quarter. Sei Investments Co. now owns 784,202 shares of the transportation company’s stock worth $94,277,000 after purchasing an additional 191,187 shares during the last quarter. American Century Companies Inc. increased its stake in 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. increased its stake in 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.

Wall Street Analyst Weigh In

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

Check Out Our Latest Report on GATX

Insider Activity

In other news, EVP Paul F. Titterton sold 9,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $139.37, for a total value of $1,254,330.00. Following the sale, the executive vice president now directly owns 11,373 shares in the company, valued at approximately $1,585,055.01. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, EVP Paul F. Titterton sold 9,000 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $139.37, for a total transaction of $1,254,330.00. Following the sale, the executive vice president now directly owns 11,373 shares in the company, valued at approximately $1,585,055.01. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Anne L. Arvia sold 1,000 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $131.98, for a total value of $131,980.00. Following the sale, the director now owns 32,477 shares in the company, valued at $4,286,314.46. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,800 shares of company stock worth $2,056,678. Company insiders own 1.80% of the company’s stock.

GATX Trading Up 0.5 %

Shares of GATX opened at $132.36 on Friday. GATX Co. has a 12-month low of $97.21 and a 12-month high of $141.24. The company has a quick ratio of 3.39, a current ratio of 3.39 and a debt-to-equity ratio of 3.28. The firm has a market capitalization of $4.71 billion, a price-to-earnings ratio of 18.85 and a beta of 1.00. The stock’s 50-day moving average price is $132.21 and its 200 day moving average price is $127.89.

GATX (NYSE:GATXGet Free Report) last released its quarterly earnings data on Tuesday, April 23rd. The transportation company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.29. GATX had a return on equity of 11.29% and a net margin of 17.64%. The company had revenue of $379.90 million for the quarter, compared to analyst estimates of $375.80 million. During the same period in the prior year, the company posted $2.20 EPS. The company’s revenue was up 12.1% compared to the same quarter last year. As a group, research analysts predict that GATX Co. will post 7.61 earnings per share for the current year.

GATX Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 30th. Stockholders of record on Friday, June 14th will be paid a $0.58 dividend. The ex-dividend date is Friday, June 14th. This represents a $2.32 annualized dividend and a dividend yield of 1.75%. GATX’s dividend payout ratio is currently 33.05%.

GATX 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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