Nomura Holdings Inc. Makes New $729,000 Investment in GATX Co. (NYSE:GATX)

Nomura Holdings Inc. bought a new stake in GATX Co. (NYSE:GATX - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,707 shares of the transportation company's stock, valued at approximately $729,000.

Other institutional investors have also recently made changes to their positions in the company. Park Avenue Securities LLC raised its position in shares of GATX by 33.6% in the fourth quarter. Park Avenue Securities LLC now owns 5,089 shares of the transportation company's stock valued at $789,000 after purchasing an additional 1,280 shares during the period. UMB Bank n.a. grew its stake in GATX by 91.8% in the 4th quarter. UMB Bank n.a. now owns 163 shares of the transportation company's stock valued at $25,000 after buying an additional 78 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new stake in GATX during the 4th quarter valued at $1,251,000. Blue Trust Inc. lifted its position in shares of GATX by 8.7% during the fourth quarter. Blue Trust Inc. now owns 4,794 shares of the transportation company's stock worth $743,000 after acquiring an additional 382 shares in the last quarter. Finally, KBC Group NV lifted its position in shares of GATX by 9.6% during the fourth quarter. KBC Group NV now owns 6,068 shares of the transportation company's stock worth $940,000 after acquiring an additional 534 shares in the last quarter. Hedge funds and other institutional investors own 93.14% of the company's stock.

GATX Price Performance

NYSE GATX traded down $1.05 on Monday, hitting $144.27. The stock had a trading volume of 140,795 shares, compared to its average volume of 165,480. The firm has a 50-day moving average of $148.84 and a 200-day moving average of $155.51. 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 52-week low of $127.00 and a 52-week high of $168.89. The company has a market capitalization of $5.15 billion, a price-to-earnings ratio of 18.57 and a beta of 1.18.

GATX (NYSE:GATX - Get Free Report) last released its quarterly earnings results 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%. The business's quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.01 earnings per share. Equities analysts expect that GATX Co. will post 8.5 EPS for the current year.

GATX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.61 per share. The ex-dividend date is Friday, June 13th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.69%. GATX's dividend payout ratio (DPR) is presently 30.93%.

Analysts Set New Price Targets

GATX has been the subject of several recent research reports. The Goldman Sachs Group reiterated a "buy" rating on shares of GATX in a research report on Wednesday, April 23rd. Susquehanna reduced their target price on GATX from $165.00 to $160.00 and set a "neutral" rating for the company in a 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.