Two Sigma Investments LP Has $4.55 Million Holdings in GATX Co. (NYSE:GATX)

Two Sigma Investments LP lessened its stake in shares of GATX Co. (NYSE:GATX - Free Report) by 37.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,357 shares of the transportation company's stock after selling 17,260 shares during the period. Two Sigma Investments LP owned about 0.08% of GATX worth $4,549,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of GATX. Assetmark Inc. grew its holdings in shares of 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. 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 worth $245,000 after acquiring an additional 69 shares during the period. Principal Securities Inc. grew its stake 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 acquiring an additional 76 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of GATX by 0.8% in the 4th quarter. Arizona State Retirement System now owns 9,816 shares of the transportation company's stock valued at $1,521,000 after purchasing an additional 77 shares during the period. Finally, Rehmann Capital Advisory Group increased its holdings in shares of GATX by 7.2% in the 4th quarter. Rehmann Capital Advisory Group now owns 1,644 shares of the transportation company's stock valued at $255,000 after purchasing an additional 110 shares during the period. 93.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

GATX has been the subject of several research reports. Susquehanna decreased their price target on shares of GATX from $165.00 to $160.00 and set a "neutral" rating for the company in a report 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 Up 9.1%

GATX traded up $13.32 during trading on Friday, reaching $159.79. 658,653 shares of the stock traded hands, compared to its average volume of 166,669. The stock's 50-day simple moving average is $148.03 and its two-hundred day simple moving average is $155.36. The company has a debt-to-equity ratio of 3.37, a current ratio of 2.77 and a quick ratio of 3.41. GATX Co. has a fifty-two week low of $127.00 and a fifty-two week high of $168.89. The stock has a market cap of $5.70 billion, a price-to-earnings ratio of 20.57 and a beta of 1.18.

GATX (NYSE:GATX - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The transportation company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.06. The business had revenue of $421.60 million during 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%. The firm's revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.01 EPS. As a group, equities research analysts expect that GATX Co. will post 8.5 EPS for the current year.

GATX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 1.53%. The ex-dividend date is Friday, June 13th. GATX's dividend 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.