Deutsche Bank AG Has $4.77 Million Holdings in GATX Co. (NYSE:GATX)

Deutsche Bank AG boosted its stake in shares of GATX Co. (NYSE:GATX - Free Report) by 51.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,769 shares of the transportation company's stock after purchasing an additional 10,405 shares during the quarter. Deutsche Bank AG owned approximately 0.09% of GATX worth $4,768,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 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 purchasing an additional 78 shares during the period. Assetmark Inc. raised its stake in GATX by 60.4% during the 4th quarter. Assetmark Inc. now owns 178 shares of the transportation company's stock valued at $28,000 after acquiring an additional 67 shares in the last quarter. Brown Brothers Harriman & Co. bought a new stake in GATX during the 4th quarter valued at $39,000. Compagnie Lombard Odier SCmA bought a new stake in GATX during the 4th quarter valued at $46,000. Finally, Huntington National Bank raised its stake in GATX by 54.3% during the 4th quarter. Huntington National Bank now owns 344 shares of the transportation company's stock valued at $53,000 after acquiring an additional 121 shares in the last quarter. Institutional investors and hedge funds own 93.14% of the company's stock.

Analysts Set New Price Targets

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

GATX Trading Down 0.7%

Shares of GATX stock traded down $1.05 on Friday, reaching $144.27. 140,795 shares of the company were exchanged, compared to its average volume of 165,480. The firm has a market capitalization of $5.15 billion, a price-to-earnings ratio of 18.57 and a beta of 1.18. GATX Co. has a fifty-two week low of $127.00 and a fifty-two week 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. The stock has a fifty day moving average price of $148.84 and a 200-day moving average price of $155.49.

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

GATX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.69%. The ex-dividend date is Friday, June 13th. GATX's payout ratio is 30.93%.

GATX 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.