Barclays PLC Has $12.96 Million Stock Position in GATX Co. (NYSE:GATX)

Barclays PLC grew its holdings in shares of GATX Co. (NYSE:GATX - Free Report) by 24.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 83,645 shares of the transportation company's stock after buying an additional 16,194 shares during the period. Barclays PLC owned 0.24% of GATX worth $12,961,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio lifted its position in GATX by 144.5% in the third quarter. Public Employees Retirement System of Ohio now owns 1,570 shares of the transportation company's stock worth $208,000 after purchasing an additional 928 shares during the period. Virtu Financial LLC bought a new position in GATX during the third quarter valued at about $747,000. Sanctuary Advisors LLC grew its holdings in GATX by 2.3% during the third quarter. Sanctuary Advisors LLC now owns 9,005 shares of the transportation company's stock worth $1,193,000 after acquiring an additional 204 shares during the period. Tidal Investments LLC raised its position in GATX by 27.9% in the third quarter. Tidal Investments LLC now owns 5,234 shares of the transportation company's stock worth $693,000 after acquiring an additional 1,142 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in GATX by 5.9% in the 3rd quarter. Franklin Resources Inc. now owns 2,846 shares of the transportation company's stock valued at $385,000 after acquiring an additional 158 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company's stock.

Analysts Set New Price Targets

GATX has been the topic of a number of research reports. Susquehanna dropped their target price on shares of GATX from $165.00 to $160.00 and set a "neutral" rating on the stock in a report on Thursday. The Goldman Sachs Group reaffirmed a "buy" rating on shares of GATX in a report on Wednesday.

GATX Trading Down 0.5 %

GATX stock traded down $0.70 during mid-day trading on Friday, reaching $143.45. 43,098 shares of the stock traded hands, compared to its average volume of 165,947. The stock's fifty day moving average is $153.98 and its 200-day moving average is $153.98. The company has a market cap of $5.12 billion, a P/E ratio of 18.46 and a beta of 1.00. The company has a current ratio of 2.77, a quick ratio of 3.41 and a debt-to-equity ratio of 3.37. GATX Co. has a 52-week low of $122.00 and a 52-week high of $168.89.

GATX (NYSE:GATX - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The transportation company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.06. The firm had revenue of $421.60 million for the quarter, compared to analysts' expectations of $417.06 million. GATX had a net margin of 17.92% and a return on equity of 12.07%. During the same period in the previous year, the company posted $2.01 EPS. As a group, sell-side analysts expect that GATX Co. will post 8.5 earnings per share for the current year.

GATX Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a dividend of $0.61 per share. The ex-dividend date was Friday, February 28th. This is a positive change from GATX's previous quarterly dividend of $0.58. This represents a $2.44 dividend on an annualized basis and a yield of 1.70%. GATX's dividend payout ratio (DPR) is presently 31.40%.

Insider Buying and Selling at GATX

In other GATX news, SVP Jeffery R. Young sold 297 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $164.63, for a total value of $48,895.11. Following the transaction, the senior vice president now owns 7,362 shares in the company, valued at approximately $1,212,006.06. This represents a 3.88 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert Zmudka sold 4,800 shares of GATX stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $163.83, for a total transaction of $786,384.00. Following the sale, the vice president now directly owns 7,493 shares of the company's stock, valued at $1,227,578.19. This trade represents a 39.05 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.17% of the company's stock.

GATX 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.