Sei Investments Co. Has $139.88 Million Holdings in GATX Co. (NYSE:GATX)

Sei Investments Co. raised its position in GATX Co. (NYSE:GATX) by 6.6% in the fourth quarter, HoldingsChannel reports. The fund owned 902,691 shares of the transportation company’s stock after purchasing an additional 56,041 shares during the quarter. Sei Investments Co.’s holdings in GATX were worth $139,881,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in GATX. UMB Bank n.a. grew its stake in GATX by 91.8% in the fourth quarter. UMB Bank n.a. now owns 163 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 78 shares during the period. Assetmark Inc. lifted its holdings in shares of GATX by 60.4% in the fourth quarter. Assetmark Inc. now owns 178 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 67 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of GATX by 184.6% in the fourth quarter. Versant Capital Management Inc now owns 259 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 168 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new position in shares of GATX in the fourth quarter valued at approximately $46,000. Finally, Mather Group LLC. lifted its holdings in shares of GATX by 36.0% in the fourth quarter. Mather Group LLC. now owns 423 shares of the transportation company’s stock valued at $66,000 after purchasing an additional 112 shares in the last quarter. Institutional investors and hedge funds own 93.14% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Sidoti lowered GATX from a “buy” rating to a “neutral” rating and set a $158.00 target price on the stock. in a report on Wednesday, December 4th.

Insider Buying and Selling

In other GATX news, VP Robert Zmudka sold 4,800 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $163.83, for a total value of $786,384.00. Following the sale, the vice president now directly owns 7,493 shares in the company, valued at $1,227,578.19. The trade was a 39.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Jeffery R. Young sold 297 shares of GATX stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $164.63, for a total value of $48,895.11. Following the completion of the transaction, the senior vice president now owns 7,362 shares of the company’s stock, valued at approximately $1,212,006.06. This trade represents a 3.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by corporate insiders.

GATX Stock Performance

Shares of GATX stock opened at $154.68 on Friday. The business’s fifty day simple moving average is $160.34 and its 200 day simple moving average is $151.40. The firm has a market capitalization of $5.52 billion, a P/E ratio of 19.91 and a beta of 1.00. GATX Co. has a 12 month low of $122.00 and a 12 month high of $168.89. The company has a current ratio of 2.77, a quick ratio of 3.41 and a debt-to-equity ratio of 3.37.

GATX (NYSE:GATX) last issued its quarterly earnings results on Thursday, January 23rd. The transportation company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.25. GATX had a return on equity of 12.07% and a net margin of 17.92%. During the same quarter last year, the company earned $1.74 EPS. As a group, analysts anticipate that GATX Co. will post 8.5 EPS for the current year.

GATX Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be issued a dividend of $0.61 per share. This is a positive change from GATX’s previous quarterly dividend of $0.58. This represents a $2.44 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Friday, February 28th. GATX’s dividend payout ratio (DPR) is 31.40%.

GATX Company 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.