GATX Co. (NYSE:GATX) Shares Sold by Profund Advisors LLC

Profund Advisors LLC lowered its holdings in GATX Co. (NYSE:GATX) by 13.9% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,674 shares of the transportation company’s stock after selling 271 shares during the period. Profund Advisors LLC’s holdings in GATX were worth $222,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. UBS Group AG increased its position in shares of 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 acquiring an additional 21,977 shares during the period. Wells Fargo & Company MN boosted its stake in shares of GATX by 0.7% in the 4th quarter. Wells Fargo & Company MN now owns 139,680 shares of the transportation company’s stock valued at $16,792,000 after buying an additional 969 shares during the period. Hsbc Holdings PLC grew its position in shares of GATX by 9.6% during the fourth quarter. Hsbc Holdings PLC now owns 11,234 shares of the transportation company’s stock worth $1,355,000 after buying an additional 986 shares in the last quarter. TFO Wealth Partners LLC increased its stake in shares of GATX by 64,800.0% during the fourth quarter. TFO Wealth Partners LLC now owns 1,298 shares of the transportation company’s stock worth $156,000 after buying an additional 1,296 shares during the period. Finally, KBC Group NV raised its holdings in GATX by 11.4% in the fourth quarter. KBC Group NV now owns 5,086 shares of the transportation company’s stock valued at $611,000 after acquiring an additional 521 shares in the last quarter. 93.14% of the stock is owned by hedge funds and other institutional investors.

GATX Trading Down 0.5 %

NYSE GATX opened at $133.33 on Friday. GATX Co. has a 52 week low of $97.21 and a 52 week high of $151.33. The firm has a 50 day moving average of $137.08 and a two-hundred day moving average of $134.42. The company has a quick ratio of 4.97, a current ratio of 4.97 and a debt-to-equity ratio of 3.52. The stock has a market capitalization of $4.75 billion, a PE ratio of 18.99 and a beta of 0.96.

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

GATX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Friday, September 13th. GATX’s dividend payout ratio (DPR) is presently 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.