GATX Co. (NYSE:GATX) Stock Holdings Lessened by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. lessened its holdings in shares of GATX Co. (NYSE:GATX) by 0.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 44,582 shares of the transportation company’s stock after selling 199 shares during the period. Goelzer Investment Management Inc.’s holdings in GATX were worth $5,905,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Gradient Investments LLC bought a new position in shares of GATX during the second quarter valued at approximately $25,000. Quarry LP acquired a new stake in GATX in the second quarter worth $37,000. CWM LLC lifted its stake in GATX by 155.7% in the first quarter. CWM LLC now owns 335 shares of the transportation company’s stock valued at $45,000 after buying an additional 204 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of GATX during the second quarter valued at $53,000. Finally, Mather Group LLC. acquired a new position in shares of GATX during the first quarter valued at $54,000. Institutional investors and hedge funds own 93.14% of the company’s stock.

GATX Stock Performance

NYSE:GATX traded up $1.13 during mid-day trading on Friday, hitting $129.63. The stock had a trading volume of 94,940 shares, compared to its average volume of 150,946. The company has a current ratio of 4.97, a quick ratio of 4.97 and a debt-to-equity ratio of 3.52. The company has a 50 day simple moving average of $136.30 and a 200-day simple moving average of $134.38. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of 18.47 and a beta of 0.95. GATX Co. has a 52 week low of $97.21 and a 52 week high of $151.33.

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

GATX Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date of this dividend was Friday, September 13th. GATX’s dividend payout ratio 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.