XTX Topco Ltd Buys New Stake in GATX Co. (NYSE:GATX)

XTX Topco Ltd bought a new position in GATX Co. (NYSE:GATX - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,690 shares of the transportation company's stock, valued at approximately $417,000.

Several other institutional investors also recently modified their holdings of the business. Norges Bank purchased a new stake in GATX in the fourth quarter worth about $55,496,000. American Century Companies Inc. grew its stake in shares of GATX by 12.1% in the 4th quarter. American Century Companies Inc. now owns 1,099,447 shares of the transportation company's stock worth $170,370,000 after buying an additional 118,306 shares during the last quarter. JPMorgan Chase & Co. increased its position in GATX by 81.7% during the 4th quarter. JPMorgan Chase & Co. now owns 168,747 shares of the transportation company's stock valued at $26,149,000 after buying an additional 75,886 shares in the last quarter. Sei Investments Co. raised its stake in GATX by 6.6% during the fourth quarter. Sei Investments Co. now owns 902,691 shares of the transportation company's stock valued at $139,881,000 after buying an additional 56,041 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in GATX in the fourth quarter worth $5,391,000. 93.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

GATX Stock Performance

NYSE GATX traded up $0.73 during trading hours on Friday, hitting $144.88. The company's stock had a trading volume of 165,799 shares, compared to its average volume of 164,246. The company has a debt-to-equity ratio of 3.37, a current ratio of 2.77 and a quick ratio of 3.41. The company has a market cap of $5.17 billion, a P/E ratio of 18.65 and a beta of 1.00. The company's 50 day simple moving average is $153.53 and its two-hundred day simple moving average is $154.35. GATX Co. has a 12 month low of $122.00 and a 12 month high of $168.89.

GATX (NYSE:GATX - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The transportation company reported $2.15 EPS for the quarter, topping 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 earnings per share. As a group, sell-side analysts expect that GATX Co. will post 8.5 EPS for the current fiscal year.

GATX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.68%. GATX's dividend payout ratio (DPR) is currently 30.93%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GATX. The Goldman Sachs Group reaffirmed a "buy" rating on shares of GATX in a research report on Wednesday. Susquehanna decreased their target price on shares of GATX from $165.00 to $160.00 and set a "neutral" rating for the company in a report on Thursday.

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.