Vanguard Personalized Indexing Management LLC Raises Stock Position in GATX Co. (NYSE:GATX)

Vanguard Personalized Indexing Management LLC grew its holdings in shares of GATX Co. (NYSE:GATX) by 7.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,104 shares of the transportation company’s stock after buying an additional 298 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in GATX were worth $542,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GATX. Norges Bank purchased a new stake in GATX during the fourth quarter valued at approximately $41,112,000. Sei Investments Co. increased its position in shares of GATX by 32.2% during the 4th quarter. Sei Investments Co. now owns 784,202 shares of the transportation company’s stock valued at $94,277,000 after purchasing an additional 191,187 shares during the last quarter. American Century Companies Inc. raised its holdings in GATX by 16.9% during the 2nd quarter. American Century Companies Inc. now owns 831,625 shares of the transportation company’s stock valued at $110,074,000 after buying an additional 120,149 shares during the period. Earnest Partners LLC lifted its position in GATX by 2.7% in the first quarter. Earnest Partners LLC now owns 3,049,841 shares of the transportation company’s stock worth $408,770,000 after buying an additional 80,087 shares during the last quarter. Finally, UBS Group AG boosted its stake in GATX by 73.2% during the fourth quarter. UBS Group AG now owns 51,988 shares of the transportation company’s stock worth $6,250,000 after buying an additional 21,977 shares during the period. Institutional investors own 93.14% of the company’s stock.

GATX Trading Down 1.6 %

Shares of GATX opened at $134.00 on Friday. The company’s fifty day simple moving average is $137.28 and its 200-day simple moving average is $134.41. The company has a market cap of $4.77 billion, a P/E ratio of 19.09 and a beta of 0.96. The company has a current ratio of 4.97, a quick ratio of 4.97 and a debt-to-equity ratio of 3.52. GATX Co. has a twelve month low of $97.21 and a twelve month high of $151.33.

GATX (NYSE:GATX) last announced its quarterly earnings data on Tuesday, July 23rd. The transportation company reported $1.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.82 by ($0.39). The firm had revenue of $386.70 million during the quarter, compared to the consensus estimate of $385.45 million. GATX had a return on equity of 10.61% and a net margin of 15.86%. The firm’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.73 EPS. As a group, analysts expect that GATX Co. will post 7.5 EPS for the current year.

GATX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a $0.58 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $2.32 dividend on an annualized basis and a yield of 1.73%. GATX’s payout ratio is 33.05%.

About GATX

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.