CAI International, Inc. (NYSE:CAI) Shares Purchased by Healthcare of Ontario Pension Plan Trust Fund


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Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of CAI International, Inc. (NYSE:CAI) by 190.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 284,600 shares of the transportation company’s stock after acquiring an additional 186,700 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in CAI International were worth $8,891,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Sheets Smith Investment Management acquired a new stake in shares of CAI International during the fourth quarter worth about $601,000. JPMorgan Chase & Co. boosted its holdings in shares of CAI International by 171.4% in the 4th quarter. JPMorgan Chase & Co. now owns 42,297 shares of the transportation company’s stock valued at $1,321,000 after acquiring an additional 26,715 shares during the last quarter. Schroder Investment Management Group raised its holdings in shares of CAI International by 1,371.7% during the fourth quarter. Schroder Investment Management Group now owns 6,564 shares of the transportation company’s stock worth $205,000 after purchasing an additional 6,118 shares during the last quarter. Engineers Gate Manager LP acquired a new position in CAI International during the fourth quarter valued at $385,000. Finally, ExodusPoint Capital Management LP acquired a new stake in CAI International during the 4th quarter worth about $418,000. Institutional investors and hedge funds own 84.24% of the company’s stock.

CAI has been the subject of several recent research reports. Zacks Investment Research upgraded CAI International from a “sell” rating to a “strong-buy” rating and set a $49.00 price target for the company in a research report on Friday, February 19th. B. Riley lifted their price objective on shares of CAI International from $50.00 to $60.00 and gave the company a “buy” rating in a report on Friday, March 26th.

Shares of NYSE CAI opened at $44.91 on Thursday. The firm has a market cap of $776.27 million, a price-to-earnings ratio of 45.36 and a beta of 1.74. The company’s 50-day simple moving average is $44.90 and its 200-day simple moving average is $34.56. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.87. CAI International, Inc. has a 52-week low of $12.77 and a 52-week high of $50.21.

CAI International (NYSE:CAI) last issued its quarterly earnings results on Monday, February 15th. The transportation company reported $1.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.63. The firm had revenue of $81.57 million during the quarter, compared to analysts’ expectations of $82.32 million. CAI International had a return on equity of 10.61% and a net margin of 7.22%. Equities research analysts anticipate that CAI International, Inc. will post 3.62 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 25th. Stockholders of record on Thursday, March 11th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.67%. This is a boost from CAI International’s previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, March 10th. CAI International’s dividend payout ratio is 51.28%.

CAI International Company Profile

CAI International, Inc operates as transportation finance and logistics company in the United States, Switzerland, France, Korea, Singapore, rest of Asia, rest of Europe, and internationally. The company operates through two segments, Container Leasing and Logistics. It leases, re-leases, and disposes equipment; and contracts for the repair, repositioning, and storage of equipment.

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Institutional Ownership by Quarter for CAI International (NYSE:CAI)

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