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Hedge Funds

Getty Realty Corp. (NYSE:GTY) Shares Bought by SG Americas Securities LLC


SG Americas Securities LLC grew its holdings in shares of Getty Realty Corp. (NYSE:GTYGet Rating) by 78.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 86,250 shares of the real estate investment trust’s stock after purchasing an additional 37,793 shares during the period. SG Americas Securities LLC’s holdings in Getty Realty were worth $2,468,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Russell Investments Group Ltd. bought a new position in shares of Getty Realty during the fourth quarter worth about $5,462,000. Avantax Advisory Services Inc. bought a new position in shares of Getty Realty during the fourth quarter worth about $221,000. Strs Ohio grew its position in shares of Getty Realty by 0.9% during the fourth quarter. Strs Ohio now owns 54,101 shares of the real estate investment trust’s stock worth $1,736,000 after acquiring an additional 473 shares during the last quarter. Van ECK Associates Corp grew its position in shares of Getty Realty by 70.6% during the fourth quarter. Van ECK Associates Corp now owns 3,170 shares of the real estate investment trust’s stock worth $102,000 after acquiring an additional 1,312 shares during the last quarter. Finally, Brown Advisory Inc. grew its position in shares of Getty Realty by 0.6% during the fourth quarter. Brown Advisory Inc. now owns 908,649 shares of the real estate investment trust’s stock worth $29,158,000 after acquiring an additional 5,110 shares during the last quarter. 71.77% of the stock is owned by institutional investors and hedge funds.

Getty Realty Price Performance

Shares of NYSE GTY opened at $27.47 on Friday. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.84. Getty Realty Corp. has a twelve month low of $24.66 and a twelve month high of $33.35. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 20.35, a PEG ratio of 2.51 and a beta of 0.83. The firm has a 50-day moving average of $26.88 and a two-hundred day moving average of $27.86.

Getty Realty (NYSE:GTYGet Rating) last posted its quarterly earnings data on Wednesday, April 27th. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.07). Getty Realty had a net margin of 40.45% and a return on equity of 8.85%. The firm had revenue of $38.98 million for the quarter, compared to analysts’ expectations of $39.78 million. During the same period in the prior year, the company posted $0.47 earnings per share. As a group, analysts expect that Getty Realty Corp. will post 1.98 earnings per share for the current fiscal year.

Getty Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 7th. Stockholders of record on Thursday, June 23rd were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date of this dividend was Wednesday, June 22nd. Getty Realty’s dividend payout ratio (DPR) is 121.48%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on GTY shares. StockNews.com lowered shares of Getty Realty from a “buy” rating to a “hold” rating in a research report on Thursday, June 2nd. JMP Securities assumed coverage on shares of Getty Realty in a report on Tuesday, May 10th. They issued an “outperform” rating and a $32.00 price target for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $32.00.

Getty Realty Profile

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Want to see what other hedge funds are holding GTY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Getty Realty Corp. (NYSE:GTYGet Rating).

Institutional Ownership by Quarter for Getty Realty (NYSE:GTY)



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