Jane Street Group LLC Has $2.19 Million Stock Position in GATX Co. (NYSE:GATX)

Jane Street Group LLC cut its position in shares of GATX Co. (NYSE:GATX - Free Report) by 68.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm 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 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. UMB Bank n.a. grew its holdings in shares of GATX by 91.8% in the 4th 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. Assetmark Inc. grew its holdings in shares of GATX by 60.4% in the 4th quarter. Assetmark Inc. now owns 178 shares of the transportation company's stock worth $28,000 after acquiring an additional 67 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new position in shares of GATX in the 4th quarter worth $39,000. Compagnie Lombard Odier SCmA acquired a new stake in shares of GATX in the fourth quarter worth $46,000. Finally, Huntington National Bank boosted its position in shares of GATX by 54.3% in the fourth quarter. Huntington National Bank now owns 344 shares of the transportation company's stock worth $53,000 after buying an additional 121 shares during the period. 93.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GATX has been the subject of several recent analyst reports. The Goldman Sachs Group reaffirmed a "buy" rating on shares of GATX in a research report on Wednesday, April 23rd. Susquehanna decreased their target price on GATX from $165.00 to $160.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th.

GATX Stock Down 0.2%

Shares of GATX stock traded down $0.35 during midday trading on Thursday, hitting $145.47. The company's stock had a trading volume of 136,738 shares, compared to its average volume of 165,573. The firm has a market capitalization of $5.19 billion, a P/E ratio of 18.72 and a beta of 1.18. The stock has a 50-day simple moving average of $149.02 and a 200-day simple moving average of $155.46. The company has a quick ratio of 3.41, a current ratio of 2.77 and a debt-to-equity ratio of 3.37. GATX Co. has a 1-year low of $127.00 and a 1-year high of $168.89.

GATX (NYSE:GATX - Get Free Report) last released its quarterly earnings data 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 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%. The business's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.01 earnings per share. As a group, sell-side analysts expect that GATX Co. will post 8.5 earnings per share for the current year.

GATX Announces Dividend

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 given a dividend of $0.61 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.44 dividend on an annualized basis and a yield of 1.68%. 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.