Barclays PLC Has $12.96 Million Stock Holdings in GATX Co. (NYSE:GATX)

Barclays PLC raised its stake in GATX Co. (NYSE:GATX - Free Report) by 24.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 83,645 shares of the transportation company's stock after purchasing an additional 16,194 shares during the quarter. Barclays PLC owned approximately 0.24% of GATX worth $12,961,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sterling Capital Management LLC increased its holdings in GATX by 826.8% during the fourth quarter. Sterling Capital Management LLC now owns 1,140 shares of the transportation company's stock worth $177,000 after buying an additional 1,017 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of GATX in the 4th quarter valued at about $5,391,000. Shelton Capital Management acquired a new stake in GATX in the 4th quarter valued at about $220,000. Bank of Montreal Can grew its holdings in GATX by 5.2% during the fourth quarter. Bank of Montreal Can now owns 18,426 shares of the transportation company's stock worth $2,855,000 after purchasing an additional 916 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in GATX by 1.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 211,424 shares of the transportation company's stock worth $32,762,000 after buying an additional 2,974 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company's stock.

Insider Activity at GATX

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 transaction of $786,384.00. Following the transaction, the vice president now owns 7,493 shares in the company, valued at $1,227,578.19. This represents a 39.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Jeffery R. Young sold 297 shares of GATX stock in a transaction that occurred 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 completion of the sale, the senior vice president now 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 ownership of the stock. The disclosure for this sale can be found here. 2.17% of the stock is currently owned by corporate insiders.

GATX Stock Performance

GATX traded up $2.52 during trading hours on Tuesday, reaching $148.14. The company's stock had a trading volume of 231,629 shares, compared to its average volume of 163,302. The company has a debt-to-equity ratio of 3.37, a quick ratio of 3.41 and a current ratio of 2.77. The company's 50-day moving average is $154.85 and its 200-day moving average is $153.99. GATX Co. has a 52 week low of $122.00 and a 52 week high of $168.89. The firm has a market cap of $5.29 billion, a PE ratio of 19.07 and a beta of 1.00.

GATX (NYSE:GATX - Get Free Report) last posted its earnings results on Thursday, January 23rd. The transportation company reported $1.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.68 by $0.25. GATX had a net margin of 17.92% and a return on equity of 12.07%. During the same quarter in the previous year, the firm posted $1.74 earnings per share. On average, equities analysts forecast that GATX Co. will post 8.5 EPS for the current year.

GATX Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were issued a dividend of $0.61 per share. This is a boost from GATX's previous quarterly dividend of $0.58. This represents a $2.44 annualized dividend and a yield of 1.65%. The ex-dividend date was Friday, February 28th. GATX's dividend payout ratio (DPR) is presently 31.40%.

GATX Company 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.