Versor Investments LP Makes New Investment in GATX Co. (NYSE:GATX)

Versor Investments LP bought a new stake in shares of GATX Co. (NYSE:GATX - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,100 shares of the transportation company's stock, valued at approximately $733,000.

Several other large investors also recently modified their holdings of the stock. Orion Capital Management LLC bought a new position in GATX during the third quarter worth about $27,000. GAMMA Investing LLC purchased a new position in GATX in the 4th quarter valued at approximately $32,000. Headinvest LLC purchased a new position in GATX in the 3rd quarter valued at approximately $33,000. McGlone Suttner Wealth Management Inc. bought a new stake in GATX during the 4th quarter valued at $36,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in shares of GATX during the fourth quarter worth $42,000. Hedge funds and other institutional investors own 93.14% of the company's stock.

Insider Transactions at GATX

In related news, CEO Robert C. Lyons sold 19,300 shares of the stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $125.70, for a total value of $2,426,010.00. Following the transaction, the chief executive officer now owns 44,710 shares of the company's stock, valued at $5,620,047. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, SVP Kevin Hillesland sold 2,200 shares of the business's stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $133.83, for a total value of $294,426.00. Following the completion of the sale, the senior vice president now directly owns 7,711 shares in the company, valued at approximately $1,031,963.13. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Robert C. Lyons sold 19,300 shares of the stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $125.70, for a total transaction of $2,426,010.00. Following the transaction, the chief executive officer now directly owns 44,710 shares in the company, valued at approximately $5,620,047. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,500 shares of company stock valued at $2,852,416. Insiders own 1.80% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Susquehanna boosted their price objective on GATX from $120.00 to $122.00 and gave the company a "neutral" rating in a research note on Wednesday, April 24th. TD Cowen raised their price objective on shares of GATX from $122.00 to $136.00 and gave the company a "market perform" rating in a research report on Wednesday, January 24th. Finally, Wells Fargo & Company upped their target price on shares of GATX from $130.00 to $140.00 and gave the stock an "overweight" rating in a report on Wednesday, January 24th.

GATX Price Performance

GATX stock traded up $0.54 during midday trading on Friday, hitting $132.70. 74,633 shares of the company's stock were exchanged, compared to its average volume of 142,046. The stock has a 50-day moving average price of $130.19 and a two-hundred day moving average price of $121.71. GATX Co. has a 52-week low of $97.21 and a 52-week high of $135.65. The company has a market cap of $4.72 billion, a P/E ratio of 18.90 and a beta of 1.00. The company has a debt-to-equity ratio of 3.28, a quick ratio of 3.39 and a current ratio of 3.39.

GATX (NYSE:GATX - Get Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The transportation company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.72 by $0.29. The company had revenue of $379.90 million during the quarter, compared to analyst estimates of $375.80 million. GATX had a return on equity of 11.29% and a net margin of 17.64%. GATX's revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.20 earnings per share. On average, equities research analysts forecast that GATX Co. will post 7.55 earnings per share for the current year.

GATX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 30th. Stockholders of record on Friday, June 14th will be given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 1.75%. The ex-dividend date of this dividend is Friday, June 14th. GATX's dividend payout ratio (DPR) is currently 33.05%.

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.