KCS Wealth Advisory grew its holdings in shares of Garrett Motion Inc. (NASDAQ:GTXAP – Get Rating) by 19.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 291,999 shares of the company's stock after acquiring an additional 46,924 shares during the period. KCS Wealth Advisory's holdings in Garrett Motion were worth $2,540,000 as of its most recent SEC filing.
Separately, EVR Research LP raised its position in shares of Garrett Motion by 1.2% during the 3rd quarter. EVR Research LP now owns 304,000 shares of the company's stock valued at $2,161,000 after acquiring an additional 3,548 shares in the last quarter.
Get Garrett Motion alerts:Garrett Motion Trading Down 1.8 %
Shares of GTXAP stock traded down $0.16 on Thursday, hitting $8.75. 26,735 shares of the stock traded hands, compared to its average volume of 43,394. Garrett Motion Inc. has a 1-year low of $6.75 and a 1-year high of $9.56. The stock's fifty day moving average is $8.79.
Garrett Motion Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, April 3rd. Shareholders of record on Wednesday, March 22nd were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 7.77%. The ex-dividend date of this dividend was Tuesday, March 21st.
Insiders Place Their Bets
In other Garrett Motion news, major shareholder Cyrus Capital Partners, L.P. sold 108,418 shares of the stock in a transaction on Thursday, April 13th. The stock was sold at an average price of $8.32, for a total value of $902,037.76. Following the sale, the insider now directly owns 10,111,836 shares of the company's stock, valued at $84,130,475.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Garrett Motion Profile
(Get Rating)
Garrett Motion Inc, together with its subsidiaries, designs, manufactures, and sells turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers worldwide. The company offers light vehicle gasoline and diesel, and commercial vehicle turbochargers; and provides automotive software solutions.
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Want to see what other hedge funds are holding GTXAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Garrett Motion Inc. (NASDAQ:GTXAP – Get Rating).
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