Two Sigma Advisers LP Has $7.07 Million Stock Position in GATX Co. (NYSE:GATX)

Two Sigma Advisers LP trimmed its stake in shares of GATX Co. (NYSE:GATX - Free Report) by 10.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,600 shares of the transportation company's stock after selling 5,500 shares during the quarter. Two Sigma Advisers LP owned about 0.13% of GATX worth $7,066,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. raised its holdings in GATX by 60.4% during the fourth quarter. Assetmark Inc. now owns 178 shares of the transportation company's stock worth $28,000 after purchasing an additional 67 shares during the last quarter. Savant Capital LLC raised its stake in shares of GATX by 4.6% during the 4th quarter. Savant Capital LLC now owns 1,584 shares of the transportation company's stock worth $245,000 after buying an additional 69 shares during the last quarter. Principal Securities Inc. raised its stake in shares of GATX by 9.0% during the 4th quarter. Principal Securities Inc. now owns 919 shares of the transportation company's stock worth $142,000 after buying an additional 76 shares during the last quarter. Arizona State Retirement System raised its position in GATX by 0.8% during the fourth quarter. Arizona State Retirement System now owns 9,816 shares of the transportation company's stock worth $1,521,000 after acquiring an additional 77 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings 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 acquiring an additional 78 shares during the last quarter. Institutional investors and hedge funds own 93.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Susquehanna cut their price objective 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. The Goldman Sachs Group reiterated a "buy" rating on shares of GATX in a report on Wednesday, April 23rd.

GATX Stock Performance

Shares of GATX stock traded down $0.51 on Thursday, reaching $144.83. The stock had a trading volume of 52,408 shares, compared to its average volume of 166,372. GATX Co. has a fifty-two week low of $127.00 and a fifty-two week high of $168.89. The company has a debt-to-equity ratio of 3.37, a quick ratio of 3.41 and a current ratio of 2.77. The stock has a market cap of $5.17 billion, a P/E ratio of 18.64 and a beta of 1.18. The business's 50-day moving average price is $148.25 and its two-hundred day moving average price is $155.32.

GATX (NYSE:GATX - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The transportation company reported $2.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.09 by $0.06. The business had revenue of $421.60 million during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.01 EPS. On average, sell-side analysts forecast that GATX Co. will post 8.5 EPS for the current year.

GATX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Friday, June 13th. GATX's dividend payout ratio (DPR) is currently 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.