Winslow Asset Management Inc. Has $7.73 Million Stock Position in GATX Co. (NYSE:GATX)

Winslow Asset Management Inc. trimmed its position in shares of GATX Co. (NYSE:GATX - Free Report) by 3.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,909 shares of the transportation company's stock after selling 1,519 shares during the period. GATX makes up 1.5% of Winslow Asset Management Inc.'s portfolio, making the stock its 25th biggest holding. Winslow Asset Management Inc. owned approximately 0.14% of GATX worth $7,734,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in GATX. UMB Bank n.a. boosted its stake in GATX by 91.8% during the 4th quarter. UMB Bank n.a. now owns 163 shares of the transportation company's stock valued at $25,000 after purchasing an additional 78 shares during the period. Versant Capital Management Inc lifted its holdings in shares of GATX by 184.6% during the fourth quarter. Versant Capital Management Inc now owns 259 shares of the transportation company's stock worth $40,000 after buying an additional 168 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new stake in shares of GATX in the fourth quarter valued at approximately $46,000. Mather Group LLC. grew its stake in shares of GATX by 36.0% in the fourth quarter. Mather Group LLC. now owns 423 shares of the transportation company's stock worth $66,000 after acquiring an additional 112 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in GATX by 63.2% during the fourth quarter. GAMMA Investing LLC now owns 524 shares of the transportation company's stock worth $81,000 after acquiring an additional 203 shares during the period. 93.14% of the stock is owned by institutional investors and hedge funds.

GATX Price Performance

Shares of NYSE:GATX traded down $3.24 during midday trading on Monday, reaching $163.81. 145,777 shares of the company's stock were exchanged, compared to its average volume of 137,494. The firm has a market capitalization of $5.83 billion, a PE ratio of 21.08 and a beta of 0.99. The company's 50 day simple moving average is $159.99 and its two-hundred day simple moving average is $149.91. GATX Co. has a 12 month low of $122.00 and a 12 month high of $168.89. 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 (NYSE:GATX - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The transportation company reported $1.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.25. GATX had a return on equity of 12.07% and a net margin of 17.92%. During the same quarter in the prior year, the business earned $1.74 EPS. Equities research analysts expect that GATX Co. will post 8.5 earnings per share for the current fiscal year.

GATX Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a dividend of $0.61 per share. This is a positive change from GATX's previous quarterly dividend of $0.58. This represents a $2.44 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Friday, February 28th. GATX's dividend payout ratio is currently 31.40%.

Analysts Set New Price Targets

GATX has been the topic of several research analyst reports. Sidoti lowered shares of GATX from a "buy" rating to a "neutral" rating and set a $158.00 price target on the stock. in a research report on Wednesday, December 4th. The Goldman Sachs Group initiated coverage on GATX in a research note on Monday, November 18th. They set a "buy" rating and a $185.00 price target on the stock.

Insiders Place Their Bets

In other news, 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 value of $48,895.11. Following the completion of the transaction, the senior vice president now owns 7,362 shares in the company, valued at approximately $1,212,006.06. The trade was a 3.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Robert Zmudka sold 4,800 shares of the business's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $163.83, for a total value of $786,384.00. Following the completion of the transaction, the vice president now directly owns 7,493 shares in the company, valued at $1,227,578.19. The trade was a 39.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company's stock.

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.