Jane Street Group LLC Cuts Stake in GATX Co. (NYSE:GATX)

Jane Street Group LLC trimmed its position in shares of GATX Co. (NYSE:GATX - Free Report) by 68.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 14,108 shares of the transportation company's stock after selling 30,151 shares during the quarter. Jane Street Group LLC's holdings in GATX were worth $2,186,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Rehmann Capital Advisory Group lifted its position in shares of GATX by 7.2% during the 4th quarter. Rehmann Capital Advisory Group now owns 1,644 shares of the transportation company's stock valued at $255,000 after buying an additional 110 shares in the last quarter. Schonfeld Strategic Advisors LLC raised its position in shares of GATX by 22.3% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 2,573 shares of the transportation company's stock valued at $399,000 after purchasing an additional 470 shares during the period. Northern Trust Corp lifted its stake in shares of GATX by 12.4% during the 4th quarter. Northern Trust Corp now owns 700,603 shares of the transportation company's stock valued at $108,565,000 after buying an additional 77,437 shares in the last quarter. Earnest Partners LLC boosted its holdings in GATX by 1.2% in the 4th quarter. Earnest Partners LLC now owns 3,113,589 shares of the transportation company's stock worth $482,482,000 after buying an additional 35,890 shares during the period. Finally, Susquehanna Fundamental Investments LLC bought a new position in shares of GATX in the fourth quarter worth about $3,720,000. 93.14% of the stock is owned by hedge funds and other institutional investors.

GATX Stock Performance

NYSE GATX traded down $1.02 during mid-day trading on Tuesday, reaching $148.45. 150,761 shares of the stock were exchanged, compared to its average volume of 165,631. GATX Co. has a 1 year low of $127.00 and a 1 year 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 business's 50 day moving average is $149.40 and its 200-day moving average is $155.54. The company has a market capitalization of $5.30 billion, a P/E ratio of 19.11 and a beta of 1.18.

GATX (NYSE:GATX - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The transportation company reported $2.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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%. The business's revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.01 EPS. On average, equities research analysts forecast that GATX Co. will post 8.5 EPS for the current fiscal year.

GATX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Friday, June 13th. GATX's dividend payout ratio is currently 30.93%.

Wall Street Analyst Weigh In

GATX has been the topic of a number of research reports. The Goldman Sachs Group reaffirmed a "buy" rating on shares of GATX in a research note on Wednesday, April 23rd. Susquehanna reduced their price target on shares of GATX from $165.00 to $160.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th.

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.