Susquehanna International Group LLP Has $3.08 Million Position in GATX Co. (NYSE:GATX)

Susquehanna International Group LLP raised its holdings in shares of GATX Co. (NYSE:GATX - Free Report) by 312.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,901 shares of the transportation company's stock after acquiring an additional 15,074 shares during the quarter. Susquehanna International Group LLP owned approximately 0.06% of GATX worth $3,084,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in GATX. Norges Bank acquired a new stake in shares of GATX during the 4th quarter valued at about $55,496,000. American Century Companies Inc. increased its stake in shares of GATX by 12.1% during the 4th quarter. American Century Companies Inc. now owns 1,099,447 shares of the transportation company's stock worth $170,370,000 after purchasing an additional 118,306 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of GATX by 81.7% during the 4th quarter. JPMorgan Chase & Co. now owns 168,747 shares of the transportation company's stock valued at $26,149,000 after purchasing an additional 75,886 shares in the last quarter. Sei Investments Co. raised its holdings in shares of GATX by 6.6% during the 4th quarter. Sei Investments Co. now owns 902,691 shares of the transportation company's stock valued at $139,881,000 after purchasing an additional 56,041 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in GATX in the fourth quarter worth $5,391,000. 93.14% of the stock is owned by hedge funds and other institutional investors.

GATX Price Performance

GATX stock traded up $0.42 on Friday, reaching $145.99. The company's stock had a trading volume of 137,623 shares, compared to its average volume of 164,851. 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 company has a market cap of $5.21 billion, a price-to-earnings ratio of 18.79 and a beta of 1.18. The business's fifty day moving average price is $149.99 and its 200 day moving average price is $154.85. GATX Co. has a twelve month low of $127.00 and a twelve month high of $168.89.

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, topping the consensus estimate of $2.09 by $0.06. The company had revenue of $421.60 million during the quarter, compared to the consensus estimate of $417.06 million. GATX had a return on equity of 12.07% and a net margin of 17.92%. The company's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.01 earnings per share. Equities analysts expect that GATX Co. will post 8.5 earnings per share for the current fiscal year.

GATX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.44 annualized dividend and a yield of 1.67%. GATX's dividend payout ratio (DPR) is presently 30.93%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on GATX. The Goldman Sachs Group restated a "buy" rating on shares of GATX in a report on Wednesday, April 23rd. Susquehanna reduced their target price on GATX from $165.00 to $160.00 and set a "neutral" rating for the company in a report on Thursday, April 24th.

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.