GATX Co. (NYSE:GATX) Stock Position Increased by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its position in GATX Co. (NYSE:GATX) by 0.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,574 shares of the transportation company’s stock after buying an additional 96 shares during the period. Yousif Capital Management LLC’s holdings in GATX were worth $1,993,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of GATX by 82.8% during the third quarter. Envestnet Asset Management Inc. now owns 196,936 shares of the transportation company’s stock worth $21,433,000 after purchasing an additional 89,194 shares during the period. American Century Companies Inc. raised its position in shares of GATX by 22.6% during the third quarter. American Century Companies Inc. now owns 468,726 shares of the transportation company’s stock worth $51,011,000 after purchasing an additional 86,501 shares during the period. Earnest Partners LLC raised its position in shares of GATX by 3.0% during the third quarter. Earnest Partners LLC now owns 2,829,696 shares of the transportation company’s stock worth $307,956,000 after purchasing an additional 82,608 shares during the period. Sei Investments Co. raised its position in shares of GATX by 15.4% during the third quarter. Sei Investments Co. now owns 593,015 shares of the transportation company’s stock worth $64,538,000 after purchasing an additional 79,015 shares during the period. Finally, Walleye Capital LLC acquired a new stake in shares of GATX during the third quarter worth $6,698,000. Institutional investors own 93.14% of the company’s stock.

Insider Buying and Selling at GATX

In other GATX news, CEO Robert C. Lyons sold 19,300 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $125.70, for a total value of $2,426,010.00. Following the transaction, the chief executive officer now owns 44,710 shares in the company, valued at $5,620,047. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other GATX news, CEO Robert C. Lyons sold 19,300 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $125.70, for a total value of $2,426,010.00. Following the transaction, the chief executive officer now owns 44,710 shares in the company, valued at $5,620,047. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Kevin Hillesland sold 2,200 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $133.83, for a total value of $294,426.00. Following the completion of the transaction, the senior vice president now owns 7,711 shares in the company, valued at approximately $1,031,963.13. The disclosure for this sale can be found here. Corporate insiders own 1.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on GATX. Wells Fargo & Company boosted their target price on GATX from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 24th. TD Cowen lifted their price target on GATX from $122.00 to $136.00 and gave the company a “market perform” rating in a report on Wednesday, January 24th. Finally, Susquehanna lifted their price target on GATX from $120.00 to $122.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th.

GATX Stock Performance

Shares of GATX stock opened at $124.46 on Thursday. GATX Co. has a 1-year low of $97.21 and a 1-year high of $135.65. The company has a current ratio of 3.39, a quick ratio of 2.79 and a debt-to-equity ratio of 3.28. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 17.73 and a beta of 0.98. The stock’s fifty day simple moving average is $129.64 and its 200-day simple moving average is $120.58.

GATX (NYSE:GATX) last issued its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.29. GATX had a return on equity of 11.29% and a net margin of 17.64%. The business had revenue of $379.90 million for the quarter, compared to the consensus estimate of $375.80 million. During the same quarter in the previous year, the company posted $2.20 earnings per share. GATX’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, sell-side analysts predict that GATX Co. will post 7.55 earnings per share for the current fiscal year.

GATX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 30th. Shareholders of record on Friday, June 14th will be paid a $0.58 dividend. The ex-dividend date is Friday, June 14th. This represents a $2.32 dividend on an annualized basis and a yield of 1.86%. GATX’s dividend payout ratio (DPR) is currently 33.05%.

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.