Oregon Public Employees Retirement Fund raised its stake in shares of GATX Corporation (NYSE:GATX) by 4.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,727 shares of the transportation company’s stock after buying an additional 572 shares during the period. Oregon Public Employees Retirement Fund’s holdings in GATX Corporation were worth $947,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Tyers Asset Management LLC boosted its stake in GATX Corporation by 10.1% in the first quarter. Tyers Asset Management LLC now owns 1,914 shares of the transportation company’s stock valued at $117,000 after buying an additional 176 shares in the last quarter. IFP Advisors Inc boosted its stake in GATX Corporation by 0.4% in the first quarter. IFP Advisors Inc now owns 2,195 shares of the transportation company’s stock valued at $134,000 after buying an additional 9 shares in the last quarter. Flinton Capital Management LLC boosted its stake in GATX Corporation by 10.1% in the first quarter. Flinton Capital Management LLC now owns 2,436 shares of the transportation company’s stock valued at $149,000 after buying an additional 224 shares in the last quarter. Bank of Montreal Can boosted its stake in GATX Corporation by 19.4% in the first quarter. Bank of Montreal Can now owns 2,525 shares of the transportation company’s stock valued at $154,000 after buying an additional 410 shares in the last quarter. Finally, Neuburgh Advisers LLC boosted its stake in GATX Corporation by 10.1% in the first quarter. Neuburgh Advisers LLC now owns 2,958 shares of the transportation company’s stock valued at $180,000 after buying an additional 272 shares in the last quarter.

Shares of GATX Corporation (GATX) traded up 1.88% during trading on Friday, reaching $62.78. The company had a trading volume of 162,524 shares. The stock has a market capitalization of $2.43 billion, a PE ratio of 10.58 and a beta of 1.19. The stock’s 50-day moving average price is $63.04 and its 200-day moving average price is $60.47. GATX Corporation has a 12 month low of $40.66 and a 12 month high of $66.30.

GATX Corporation (NYSE:GATX) last released its earnings results on Thursday, July 20th. The transportation company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.21. The firm had revenue of $348.40 million during the quarter, compared to the consensus estimate of $352.64 million. GATX Corporation had a return on equity of 17.83% and a net margin of 17.09%. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.49 earnings per share. Equities analysts forecast that GATX Corporation will post $4.60 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Saturday, September 30th. Shareholders of record on Friday, September 15th will be given a $0.42 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.68 dividend on an annualized basis and a yield of 2.68%. GATX Corporation’s dividend payout ratio (DPR) is 28.38%.

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Several research firms have recently commented on GATX. Axiom Securities reissued a “sell” rating on shares of GATX Corporation in a report on Wednesday, July 26th. Cowen and Company reissued a “market perform” rating and issued a $63.00 price target (up from $62.00) on shares of GATX Corporation in a report on Sunday, April 23rd. Zacks Investment Research raised GATX Corporation from a “hold” rating to a “buy” rating and set a $67.00 price objective for the company in a report on Friday, April 21st. Citigroup Inc. reduced their price objective on GATX Corporation from $73.00 to $71.00 and set a “buy” rating for the company in a report on Friday, July 21st. Finally, ValuEngine raised GATX Corporation from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 3rd. Two analysts have rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $56.14.

In other GATX Corporation news, VP James M. Conniff sold 638 shares of the company’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $64.94, for a total value of $41,431.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Deborah A. Golden sold 1,368 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $64.46, for a total value of $88,181.28. Following the completion of the sale, the executive vice president now owns 37,083 shares of the company’s stock, valued at $2,390,370.18. The disclosure for this sale can be found here. Insiders sold 9,517 shares of company stock valued at $601,618 over the last 90 days. 3.50% of the stock is currently owned by insiders.

GATX Corporation Company Profile

GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and Asia. In addition, the Company operates fleet of the United States-flagged vessels on the Great Lakes and jointly with Rolls-Royce plc, it owns aircraft spare engine lease portfolios in the world. It operates through four business segments: Rail North America, Rail International, American Steamship Company (ASC), and Portfolio Management.

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Institutional Ownership by Quarter for GATX Corporation (NYSE:GATX)

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