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

XTX Topco Ltd purchased a new position in GATX Co. (NYSE:GATX - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,690 shares of the transportation company's stock, valued at approximately $417,000.

Several other institutional investors also recently added to or reduced their stakes in GATX. Virtu Financial LLC bought a new position in shares of GATX during the third quarter valued at approximately $747,000. Tidal Investments LLC increased its position in shares of GATX by 27.9% in the 3rd quarter. Tidal Investments LLC now owns 5,234 shares of the transportation company's stock valued at $693,000 after acquiring an additional 1,142 shares during the period. Franklin Resources Inc. raised its stake in shares of GATX by 5.9% in the third quarter. Franklin Resources Inc. now owns 2,846 shares of the transportation company's stock worth $385,000 after purchasing an additional 158 shares during the last quarter. JPMorgan Chase & Co. raised its position in GATX by 19.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 92,861 shares of the transportation company's stock worth $12,299,000 after buying an additional 15,092 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in GATX by 184.6% during the fourth quarter. Versant Capital Management Inc now owns 259 shares of the transportation company's stock valued at $40,000 after purchasing an additional 168 shares during the period. Hedge funds and other institutional investors own 93.14% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on GATX. The Goldman Sachs Group reissued a "buy" rating on shares of GATX in a report on Wednesday. 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.

GATX Trading Up 0.5 %

NYSE:GATX traded up $0.73 during trading hours on Friday, hitting $144.88. The company had a trading volume of 165,799 shares, compared to its average volume of 164,051. The company has a current ratio of 2.77, a quick ratio of 3.41 and a debt-to-equity ratio of 3.37. The company has a 50-day moving average of $153.53 and a 200 day moving average of $154.06. GATX Co. has a 1 year low of $122.00 and a 1 year high of $168.89. The company has a market cap of $5.17 billion, a P/E ratio of 18.65 and a beta of 1.00.

GATX (NYSE:GATX - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The transportation company reported $2.15 EPS for the quarter, beating the consensus estimate of $2.09 by $0.06. The firm had revenue of $421.60 million for the quarter, compared to analyst estimates of $417.06 million. 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 company earned $2.01 EPS. Sell-side analysts expect that GATX Co. will post 8.5 earnings per share for the current year.

GATX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.68%. GATX's payout ratio is 30.93%.

Insider Buying and Selling

In other news, SVP Jeffery R. Young sold 297 shares of GATX stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $164.63, for a total value of $48,895.11. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Robert Zmudka sold 4,800 shares of the stock in a transaction dated Tuesday, February 4th. The stock was 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. The trade was a 39.05 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.17% of the company's stock.

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.