Deutsche Bank AG Increases Position in GATX Co. (NYSE:GATX)

Deutsche Bank AG lifted its holdings in GATX Co. (NYSE:GATX - Free Report) by 51.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 30,769 shares of the transportation company's stock after acquiring an additional 10,405 shares during the quarter. Deutsche Bank AG owned 0.09% of GATX worth $4,768,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Assetmark Inc. lifted its holdings in shares of GATX by 60.4% in the 4th quarter. Assetmark Inc. now owns 178 shares of the transportation company's stock worth $28,000 after acquiring an additional 67 shares during the last quarter. Savant Capital LLC boosted its position in GATX by 4.6% during the 4th quarter. Savant Capital LLC now owns 1,584 shares of the transportation company's stock valued at $245,000 after buying an additional 69 shares during the period. Principal Securities Inc. boosted its position in GATX by 9.0% during the 4th quarter. Principal Securities Inc. now owns 919 shares of the transportation company's stock valued at $142,000 after buying an additional 76 shares during the period. Arizona State Retirement System boosted its position in GATX by 0.8% during the 4th quarter. Arizona State Retirement System now owns 9,816 shares of the transportation company's stock valued at $1,521,000 after buying an additional 77 shares during the period. Finally, UMB Bank n.a. boosted its position in GATX by 91.8% during the 4th quarter. UMB Bank n.a. now owns 163 shares of the transportation company's stock valued at $25,000 after buying an additional 78 shares during the period. 93.14% of the stock is currently owned by institutional investors.

GATX Trading Down 0.2%

NYSE GATX traded down $0.35 during trading on Thursday, hitting $145.47. The company had a trading volume of 136,738 shares, compared to its average volume of 165,481. 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 Co. has a one year low of $127.00 and a one year high of $168.89. The company has a market cap of $5.19 billion, a price-to-earnings ratio of 18.72 and a beta of 1.18. The company's fifty day moving average is $149.21 and its 200-day moving average is $155.42.

GATX (NYSE:GATX - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The transportation company reported $2.15 EPS for the quarter, topping the consensus estimate of $2.09 by $0.06. GATX had a net margin of 17.92% and a return on equity of 12.07%. The business had revenue of $421.60 million during the quarter, compared to analyst estimates of $417.06 million. During the same period in the prior year, the business earned $2.01 EPS. The company's revenue for the quarter was up 11.0% on a year-over-year basis. On average, sell-side analysts predict that GATX Co. will post 8.5 earnings per share for the current year.

GATX Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a $0.61 dividend. The ex-dividend date is Friday, June 13th. This represents a $2.44 annualized dividend and a yield of 1.68%. GATX's dividend payout ratio (DPR) is presently 30.93%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. The Goldman Sachs Group reissued a "buy" rating on shares of GATX in a research report on Wednesday, April 23rd. Susquehanna dropped their price target on shares of GATX from $165.00 to $160.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th.

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.