UBS Group AG Grows Position in GATX Co. (NYSE:GATX)

UBS Group AG increased its position in shares of GATX Co. (NYSE:GATXFree Report) by 73.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,988 shares of the transportation company’s stock after purchasing an additional 21,977 shares during the period. UBS Group AG’s holdings in GATX were worth $6,250,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Orion Capital Management LLC purchased a new position in shares of GATX during the 3rd quarter worth about $27,000. GAMMA Investing LLC purchased a new position in shares of GATX during the 4th quarter worth about $32,000. Headinvest LLC purchased a new position in shares of GATX during the 3rd quarter worth about $33,000. McGlone Suttner Wealth Management Inc. purchased a new stake in GATX in the 4th quarter valued at about $36,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in GATX in the 4th quarter valued at about $42,000. 93.14% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at GATX

In other news, Director Anne L. Arvia sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $131.98, for a total value of $131,980.00. Following the completion of the sale, the director now owns 32,477 shares of the company’s stock, valued at approximately $4,286,314.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other GATX news, VP Robert Zmudka sold 4,800 shares of GATX stock in a transaction on Monday, May 20th. The shares were sold at an average price of $139.66, for a total value of $670,368.00. Following the transaction, the vice president now directly owns 7,493 shares of the company’s stock, valued at $1,046,472.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Anne L. Arvia sold 1,000 shares of the stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $131.98, for a total value of $131,980.00. Following the sale, the director now owns 32,477 shares of the company’s stock, valued at approximately $4,286,314.46. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,800 shares of company stock valued at $2,056,678. Company insiders own 1.80% of the company’s stock.

GATX Price Performance

GATX stock opened at $132.34 on Friday. The stock has a market cap of $4.71 billion, a price-to-earnings ratio of 18.85 and a beta of 1.00. The company has a debt-to-equity ratio of 3.28, a current ratio of 3.39 and a quick ratio of 3.39. GATX Co. has a 1 year low of $97.21 and a 1 year high of $141.24. The firm has a 50-day moving average of $131.96 and a two-hundred day moving average of $125.45.

GATX (NYSE:GATXGet Free Report) last released its quarterly earnings data on Tuesday, April 23rd. The transportation company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.29. GATX had a net margin of 17.64% and a return on equity of 11.29%. The company had revenue of $379.90 million during the quarter, compared to analysts’ expectations of $375.80 million. During the same period in the previous year, the company earned $2.20 EPS. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. On average, research analysts forecast that GATX Co. will post 7.61 earnings per share for the current year.

GATX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 30th. Stockholders of record on Friday, June 14th will be given a $0.58 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $2.32 annualized dividend and a dividend yield of 1.75%. GATX’s payout ratio is presently 33.05%.

Analyst Upgrades and Downgrades

Separately, Susquehanna boosted their price objective on shares of GATX from $120.00 to $122.00 and gave the company a “neutral” rating in a research report on Wednesday, April 24th.

View Our Latest Analysis on GATX

GATX Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for GATX (NYSE:GATX)

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