GATX Co. (NYSE:GATX) Shares Sold by Jump Financial LLC

Jump Financial LLC decreased its position in shares of GATX Co. (NYSE:GATX) by 40.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,300 shares of the transportation company’s stock after selling 900 shares during the quarter. Jump Financial LLC’s holdings in GATX were worth $201,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in GATX by 19.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 92,861 shares of the transportation company’s stock valued at $12,299,000 after acquiring an additional 15,092 shares during the period. Allspring Global Investments Holdings LLC grew its stake in GATX by 44.6% in the 4th 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 GATX in the 4th quarter valued at $252,000. Charles Schwab Investment Management Inc. lifted its holdings in GATX by 0.7% in the 4th 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 in the last quarter. Finally, Legato Capital Management LLC purchased a new position in GATX in the 4th quarter valued at $595,000. Institutional investors and hedge funds own 93.14% of the company’s stock.

Analyst Upgrades and Downgrades

GATX has been the topic of a number of research reports. The Goldman Sachs Group restated a “buy” rating on shares of GATX in a report on Wednesday, April 23rd. Susquehanna decreased their price objective on GATX from $165.00 to $160.00 and set a “neutral” rating on the stock in a report on Thursday, April 24th.

GATX Stock Performance

NYSE:GATX opened at $144.32 on Tuesday. 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 stock has a market capitalization of $5.15 billion, a P/E ratio of 18.57 and a beta of 1.00. The company has a 50 day moving average price of $153.10 and a 200 day moving average price of $154.42. GATX Co. has a fifty-two week low of $122.00 and a fifty-two week high of $168.89.

GATX (NYSE:GATX) last released its earnings results on Wednesday, April 23rd. The transportation company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.06. The company had revenue of $421.60 million for the quarter, compared to analyst estimates of $417.06 million. GATX had a net margin of 17.92% and a return on equity of 12.07%. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.01 EPS. Equities research analysts forecast that GATX Co. will post 8.5 EPS for the current year.

GATX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a $0.61 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.69%. GATX’s payout ratio is 30.93%.

Insider Activity

In related news, SVP Jeffery R. Young sold 297 shares of GATX stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $164.63, for a total transaction of $48,895.11. Following the sale, the senior vice president now directly owns 7,362 shares in the company, valued at $1,212,006.06. This trade represents a 3.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert Zmudka sold 4,800 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $163.83, for a total transaction of $786,384.00. Following the transaction, the vice president now directly owns 7,493 shares in the company, valued at $1,227,578.19. The trade was a 39.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.17% of the company’s stock.

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.