Breakwater Capital Group Acquires New Holdings in GATX Co. (NYSE:GATX)

Breakwater Capital Group acquired a new stake in GATX Co. (NYSE:GATXFree Report) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 1,500 shares of the transportation company’s stock, valued at approximately $201,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Great Lakes Advisors LLC increased its position in GATX by 3.1% in the 4th quarter. Great Lakes Advisors LLC now owns 2,696 shares of the transportation company’s stock valued at $324,000 after acquiring an additional 80 shares during the period. Quadrature Capital Ltd increased its position in GATX by 3.1% in the 4th quarter. Quadrature Capital Ltd now owns 2,969 shares of the transportation company’s stock valued at $357,000 after acquiring an additional 90 shares during the period. Yousif Capital Management LLC increased its position in GATX by 0.6% in the 4th quarter. Yousif Capital Management LLC now owns 16,574 shares of the transportation company’s stock valued at $1,993,000 after acquiring an additional 96 shares during the period. O Shaughnessy Asset Management LLC increased its position in shares of GATX by 3.7% during the third quarter. O Shaughnessy Asset Management LLC now owns 3,438 shares of the transportation company’s stock worth $374,000 after buying an additional 122 shares during the period. Finally, Kingswood Wealth Advisors LLC increased its position in shares of GATX by 1.4% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 9,323 shares of the transportation company’s stock worth $1,121,000 after buying an additional 130 shares during the period. Institutional investors own 93.14% of the company’s stock.

GATX Trading Up 0.5 %

Shares of GATX traded up $0.65 during trading hours on Friday, hitting $132.36. 395,785 shares of the stock were exchanged, compared to its average volume of 119,014. The firm has a market capitalization of $4.71 billion, a P/E ratio of 18.85 and a beta of 1.00. GATX Co. has a fifty-two week low of $97.21 and a fifty-two week high of $141.24. The business has a 50-day moving average of $132.21 and a 200-day moving average of $127.97. 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 (NYSE:GATXGet Free Report) last issued its earnings results on Tuesday, April 23rd. The transportation company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $0.29. The business had revenue of $379.90 million for the quarter, compared to analyst estimates of $375.80 million. GATX had a net margin of 17.64% and a return on equity of 11.29%. GATX’s revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm earned $2.20 earnings per share. On average, research analysts expect that GATX Co. will post 7.61 EPS for the current year.

GATX Announces Dividend

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

Insider Buying and Selling

In other GATX news, Director Anne L. Arvia sold 1,000 shares of the firm’s 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 transaction, the director now directly owns 32,477 shares of the company’s stock, valued at $4,286,314.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other GATX news, VP Robert Zmudka sold 4,800 shares of the firm’s 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Anne L. Arvia sold 1,000 shares of the firm’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $131.98, for a total transaction of $131,980.00. Following the transaction, the director now directly owns 32,477 shares in the company, valued at $4,286,314.46. The disclosure for this sale can be found here. Insiders have sold a total of 14,800 shares of company stock valued at $2,056,678 over the last ninety days. 1.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, Susquehanna increased their price objective on shares of GATX from $120.00 to $122.00 and gave the stock 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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