Janus Henderson Group PLC Has $51.12 Million Stake in GATX Co. (NYSE:GATX)

Janus Henderson Group PLC trimmed its holdings in GATX Co. (NYSE:GATX - Free Report) by 22.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 329,860 shares of the transportation company's stock after selling 98,189 shares during the quarter. Janus Henderson Group PLC owned 0.93% of GATX worth $51,116,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC increased its stake in GATX by 44.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 40,031 shares of the transportation company's stock valued at $6,085,000 after acquiring an additional 12,342 shares during the period. Bradley Foster & Sargent Inc. CT acquired a new stake in shares of GATX during the 4th quarter worth approximately $252,000. Charles Schwab Investment Management Inc. increased its position in shares of GATX by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 478,214 shares of the transportation company's stock valued at $74,104,000 after purchasing an additional 3,485 shares during the period. Legato Capital Management LLC bought a new stake in shares of GATX during the fourth quarter valued at approximately $595,000. Finally, Venturi Wealth Management LLC acquired a new position in shares of GATX in the fourth quarter valued at $241,000. Institutional investors and hedge funds own 93.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group restated a "buy" rating on shares of GATX in a research note on Wednesday, April 23rd. Susquehanna lowered their target price 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 Trading Down 0.1%

Shares of NYSE GATX traded down $0.21 during midday trading on Monday, hitting $150.19. The stock had a trading volume of 18,337 shares, compared to its average volume of 165,267. The firm has a market cap of $5.36 billion, a P/E ratio of 19.27 and a beta of 1.18. 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 current ratio of 2.77 and a quick ratio of 3.41. The company's 50-day simple moving average is $149.44 and its 200 day simple moving average is $155.46.

GATX (NYSE:GATX - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The transportation company reported $2.15 EPS for the quarter, beating the consensus estimate of $2.09 by $0.06. The company had revenue of $421.60 million during the quarter, compared to analysts' expectations of $417.06 million. GATX had a net margin of 17.92% and a return on equity of 12.07%. The business's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.01 EPS. Research analysts anticipate that GATX Co. will post 8.5 EPS for the current year.

GATX Dividend Announcement

The business 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 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 1.62%. GATX's payout ratio is 30.93%.

GATX Company 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.