GATX Corporation (NYSE:GATX) Stock Position Raised by XTX Topco Ltd

XTX Topco Ltd grew its position in GATX Corporation (NYSE:GATX) by 108.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,601 shares of the transportation company’s stock after purchasing an additional 2,911 shares during the period. XTX Topco Ltd’s holdings in GATX were worth $870,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of GATX. Earnest Partners LLC lifted its stake in shares of GATX by 1.2% in the 4th quarter. Earnest Partners LLC now owns 3,113,589 shares of the transportation company’s stock worth $482,482,000 after acquiring an additional 35,890 shares during the period. Northern Trust Corp lifted its stake in GATX by 12.4% during the fourth quarter. Northern Trust Corp now owns 700,603 shares of the transportation company’s stock valued at $108,565,000 after purchasing an additional 77,437 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in GATX by 103.4% during the fourth quarter. Ameriprise Financial Inc. now owns 364,492 shares of the transportation company’s stock valued at $56,479,000 after purchasing an additional 185,321 shares during the last quarter. GAMMA Investing LLC lifted its stake in GATX by 67,875.0% during the first quarter. GAMMA Investing LLC now owns 356,189 shares of the transportation company’s stock valued at $55,305,000 after purchasing an additional 355,665 shares during the last quarter. Finally, Ensign Peak Advisors Inc lifted its stake in GATX by 2,826.7% during the fourth quarter. Ensign Peak Advisors Inc now owns 351,264 shares of the transportation company’s stock valued at $54,432,000 after purchasing an additional 339,262 shares during the last quarter. Institutional investors own 93.14% of the company’s stock.

Insider Buying and Selling

In other GATX news, EVP Paul F. Titterton sold 18,700 shares of GATX stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $156.66, for a total transaction of $2,929,542.00. Following the completion of the transaction, the executive vice president directly owned 10,468 shares of the company’s stock, valued at $1,639,916.88. The trade was a 64.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Jennifer Mcmanus sold 1,800 shares of the business’s stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $154.92, for a total transaction of $278,856.00. Following the completion of the sale, the vice president directly owned 3,468 shares of the company’s stock, valued at approximately $537,262.56. The trade was a 34.17% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,700 shares of company stock worth $3,544,096. Insiders own 2.17% of the company’s stock.

GATX Trading Down 2.4%

GATX opened at $149.09 on Monday. The company has a current ratio of 2.93, a quick ratio of 2.93 and a debt-to-equity ratio of 3.27. The stock has a market capitalization of $5.31 billion, a PE ratio of 17.06 and a beta of 1.18. GATX Corporation has a 1-year low of $127.69 and a 1-year high of $168.89. The firm has a 50-day moving average price of $154.68 and a two-hundred day moving average price of $154.64.

GATX (NYSE:GATX) last issued its earnings results on Tuesday, July 29th. The transportation company reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.11. GATX had a net margin of 19.13% and a return on equity of 12.52%. The company had revenue of $430.50 million for the quarter, compared to analyst estimates of $425.52 million. As a group, equities analysts anticipate that GATX Corporation will post 8.5 earnings per share for the current fiscal year.

GATX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, September 15th. GATX’s payout ratio is presently 27.92%.

Wall Street Analyst Weigh In

GATX has been the topic of a number of recent analyst reports. The Goldman Sachs Group restated a “buy” rating on shares of GATX in a report on Wednesday, April 23rd. Susquehanna cut their target price on shares of GATX from $165.00 to $160.00 and set a “neutral” rating for the company in a research report on Thursday, 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.