D. E. Shaw & Co. Inc. Sells 4,088 Shares of GATX Co. (NYSE:GATX)

D. E. Shaw & Co. Inc. reduced its position in shares of GATX Co. (NYSE:GATX - Free Report) by 20.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,607 shares of the transportation company's stock after selling 4,088 shares during the period. D. E. Shaw & Co. Inc.'s holdings in GATX were worth $2,418,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. UMB Bank n.a. grew its stake 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 worth $25,000 after purchasing an additional 78 shares in the last quarter. Assetmark Inc. boosted its stake in GATX by 60.4% during the fourth quarter. Assetmark Inc. now owns 178 shares of the transportation company's stock valued at $28,000 after buying an additional 67 shares in the last quarter. Brown Brothers Harriman & Co. bought a new position in GATX during the fourth quarter valued at about $39,000. Compagnie Lombard Odier SCmA bought a new position in GATX during the fourth quarter valued at about $46,000. Finally, Huntington National Bank boosted its stake in GATX by 54.3% during the fourth quarter. Huntington National Bank now owns 344 shares of the transportation company's stock valued at $53,000 after buying an additional 121 shares in the last quarter. 93.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

GATX Stock Performance

GATX traded down $1.05 during midday trading on Friday, reaching $144.27. The company's stock had a trading volume of 140,795 shares, compared to its average volume of 165,401. The stock has a market cap of $5.15 billion, a P/E ratio of 18.57 and a beta of 1.18. The company has a fifty day simple moving average of $148.84 and a 200 day simple moving average of $155.47. 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 twelve month low of $127.00 and a twelve month high of $168.89.

GATX (NYSE:GATX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The transportation company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.06. The company 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 revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.01 EPS. Research analysts expect that GATX Co. will post 8.5 earnings per share for the current year.

GATX Dividend Announcement

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

About GATX

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.