XTX Topco Ltd Acquires 2,911 Shares of GATX Corporation (NYSE:GATX)

XTX Topco Ltd increased its stake in GATX Corporation (NYSE:GATX - Free Report) by 108.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,601 shares of the transportation company's stock after buying an additional 2,911 shares during the period. XTX Topco Ltd's holdings in GATX were worth $870,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in GATX. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in GATX in the first quarter worth about $30,000. TCTC Holdings LLC lifted its holdings in GATX by 117.0% in the 1st quarter. TCTC Holdings LLC now owns 243 shares of the transportation company's stock valued at $38,000 after acquiring an additional 131 shares during the last quarter. Orion Capital Management LLC acquired a new stake in GATX in the 4th quarter valued at about $39,000. UMB Bank n.a. lifted its holdings in GATX by 101.2% in the 1st quarter. UMB Bank n.a. now owns 328 shares of the transportation company's stock valued at $51,000 after acquiring an additional 165 shares during the last quarter. Finally, Huntington National Bank lifted its holdings in GATX by 54.3% in the 4th quarter. Huntington National Bank now owns 344 shares of the transportation company's stock valued at $53,000 after acquiring an additional 121 shares during the last quarter. Institutional investors own 93.14% of the company's stock.

GATX Stock Up 1.2%

Shares of NYSE GATX traded up $1.73 during mid-day trading on Tuesday, reaching $151.32. The company had a trading volume of 173,597 shares, compared to its average volume of 179,399. The stock has a fifty day moving average of $154.79 and a two-hundred day moving average of $154.60. The company has a debt-to-equity ratio of 3.27, a quick ratio of 2.93 and a current ratio of 2.93. The company has a market capitalization of $5.39 billion, a price-to-earnings ratio of 17.31 and a beta of 1.18. GATX Corporation has a 12-month low of $127.69 and a 12-month high of $168.89.

GATX (NYSE:GATX - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The transportation company reported $2.06 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.11. GATX had a return on equity of 12.52% and a net margin of 19.13%. The firm had revenue of $430.50 million for the quarter, compared to the consensus estimate of $425.52 million. As a group, equities research analysts expect that GATX Corporation will post 8.5 EPS for the current year.

GATX Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.61 dividend. The ex-dividend date is Monday, September 15th. This represents a $2.44 annualized dividend and a dividend yield of 1.6%. GATX's dividend payout ratio (DPR) is presently 27.92%.

Insider Transactions at GATX

In other news, VP Jennifer Mcmanus sold 1,800 shares of the firm's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $154.92, for a total value of $278,856.00. Following the sale, the vice president owned 3,468 shares in the company, valued at approximately $537,262.56. This trade represents a 34.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Paul F. Titterton sold 18,700 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $156.66, for a total value 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 approximately $1,639,916.88. This trade represents a 64.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,700 shares of company stock worth $3,544,096. Insiders own 2.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on GATX shares. The Goldman Sachs Group restated a "buy" rating on shares of GATX in a report on Wednesday, April 23rd. Susquehanna cut their price objective on GATX from $165.00 to $160.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th.

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.