GATX Co. (NYSE:GATX) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in GATX Co. (NYSE:GATX - Free Report) by 26.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 114,866 shares of the transportation company's stock after purchasing an additional 24,093 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.32% of GATX worth $17,800,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of GATX. Assetmark Inc. lifted its stake in GATX by 60.4% during the fourth quarter. Assetmark Inc. now owns 178 shares of the transportation company's stock worth $28,000 after purchasing an additional 67 shares during the last quarter. Brown Brothers Harriman & Co. bought a new position in shares of GATX in the 4th quarter worth about $39,000. Compagnie Lombard Odier SCmA acquired a new position in shares of GATX in the 4th quarter valued at about $46,000. Huntington National Bank grew its position in shares of GATX by 54.3% during the 4th quarter. Huntington National Bank now owns 344 shares of the transportation company's stock valued at $53,000 after buying an additional 121 shares during the last quarter. Finally, Mather Group LLC. grew its position in shares of GATX by 36.0% during the 4th quarter. Mather Group LLC. now owns 423 shares of the transportation company's stock valued at $66,000 after buying an additional 112 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company's stock.

GATX Stock Performance

Shares of GATX stock traded down $3.02 during trading on Monday, hitting $156.22. 361,936 shares of the stock were exchanged, compared to its average volume of 167,447. The company has a debt-to-equity ratio of 3.37, a quick ratio of 3.41 and a current ratio of 2.77. GATX Co. has a 12 month low of $127.00 and a 12 month high of $168.89. The stock's fifty day moving average is $147.98 and its 200 day moving average is $155.39. The stock has a market cap of $5.58 billion, a PE ratio of 20.11 and a beta of 1.18.

GATX (NYSE:GATX - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The transportation company reported $2.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.09 by $0.06. GATX had a net margin of 17.92% and a return on equity of 12.07%. The firm had revenue of $421.60 million during the quarter, compared to analyst estimates of $417.06 million. During the same period in the previous year, the business posted $2.01 EPS. GATX's revenue was up 11.0% on a year-over-year basis. As a group, sell-side analysts anticipate that GATX Co. will post 8.5 EPS for the current year.

GATX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend is Friday, June 13th. GATX's dividend payout ratio is currently 30.93%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. The Goldman Sachs Group restated a "buy" rating on shares of GATX in a research note on Wednesday, April 23rd. Susquehanna reduced their price objective on GATX from $165.00 to $160.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th.

About GATX

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.