1 week Ago By ABMN Staff
Pictet Asset Management Holding SA increased its holdings in GATX Co. ( NYSE:GATX – Free Report ) by 10.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 4,834 shares of the transportation company’s stock after acquiring an additional 464 shares during the period. Pictet Asset Management Holding SA’s holdings in GATX were worth $749,000 at the end of the most recent quarter. Other large investors have also added to or reduced their stakes in the company.
UMB Bank n.a. lifted its holdings in shares of 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 purchasing an additional 78 shares in the last quarter. Assetmark Inc. raised its position in GATX by 60.
4% in the 4th quarter. Assetmark Inc. now owns 178 shares of the transportation company’s stock valued at $28,000 after buying an additional 67 shares during the last quarter.
Versant Capital Management Inc lifted its stake in GATX by 184.6% during the 4th quarter. Versant Capital Management Inc now owns 259 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 168 shares in the last quarter.
Compagnie Lombard Odier SCmA purchased a new position in GATX during the 4th quarter worth $46,000. Finally, Mather Group LLC. grew its stake in shares of GATX by 36.
0% in the 4th quarter. Mather Group LLC. now owns 423 shares of the transportation company’s stock worth $66,000 after acquiring an additional 112 shares in the last quarter.
Institutional investors own 93.14% of the company’s stock. GATX Stock Down 2.
4 % GATX opened at $142.24 on Tuesday. GATX Co.
has a fifty-two week low of $122.00 and a fifty-two week high of $168.89.
The firm has a market capitalization of $5.07 billion, a P/E ratio of 18.31 and a beta of 1.
00. The company’s 50-day moving average is $159.75 and its 200 day moving average is $153.
07. The company has a debt-to-equity ratio of 3.37, a current ratio of 2.
77 and a quick ratio of 3.41. GATX Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st.
Stockholders of record on Friday, February 28th were given a dividend of $0.61 per share. The ex-dividend date of this dividend was Friday, February 28th.
This is a positive change from GATX’s previous quarterly dividend of $0.58. This represents a $2.
44 annualized dividend and a dividend yield of 1.72%. GATX’s dividend payout ratio (DPR) is currently 31.
40%. Insider Transactions at GATX 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 the stock in a transaction on Wednesday, February 5th.
The stock was sold at an average price of $164.63, for a total value of $48,895.11.
Following the transaction, the senior vice president now owns 7,362 shares of the company’s stock, valued at $1,212,006.06. The trade was a 3.
88 % decrease in their position. The disclosure for this sale can be found here . Company insiders own 2.
17% of the company’s stock. 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. Featured Articles Receive News & Ratings for GATX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GATX and related companies with MarketBeat.com's FREE daily email newsletter .
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