Proficio Capital Partners LLC acquired a new position in shares of Getty Realty Corp. (NYSE:GTY - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 11,931 shares of the real estate investment trust's stock, valued at approximately $359,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Oppenheimer & Co. Inc. grew its position in Getty Realty by 54.8% during the 4th quarter. Oppenheimer & Co. Inc. now owns 30,257 shares of the real estate investment trust's stock worth $912,000 after purchasing an additional 10,709 shares during the last quarter. Illinois Municipal Retirement Fund grew its position in Getty Realty by 4.0% during the 4th quarter. Illinois Municipal Retirement Fund now owns 26,537 shares of the real estate investment trust's stock worth $800,000 after purchasing an additional 1,025 shares during the last quarter. Bank of New York Mellon Corp grew its position in Getty Realty by 7.7% during the 4th quarter. Bank of New York Mellon Corp now owns 586,780 shares of the real estate investment trust's stock worth $17,680,000 after purchasing an additional 41,826 shares during the last quarter. Navellier & Associates Inc. grew its position in Getty Realty by 39.0% during the 4th quarter. Navellier & Associates Inc. now owns 13,759 shares of the real estate investment trust's stock worth $415,000 after purchasing an additional 3,863 shares during the last quarter. Finally, Truist Financial Corp purchased a new stake in shares of Getty Realty in the fourth quarter valued at about $228,000. 85.11% of the stock is owned by hedge funds and other institutional investors.
Getty Realty Price Performance
Shares of NYSE GTY traded up $0.34 during midday trading on Friday, hitting $30.58. The company had a trading volume of 357,335 shares, compared to its average volume of 275,136. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.94. Getty Realty Corp. has a twelve month low of $25.70 and a twelve month high of $33.85. The business has a 50-day simple moving average of $30.66 and a two-hundred day simple moving average of $31.36. The firm has a market capitalization of $1.68 billion, a price-to-earnings ratio of 24.27 and a beta of 0.91.
Getty Realty (NYSE:GTY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.60 EPS for the quarter, beating the consensus estimate of $0.31 by $0.29. Getty Realty had a net margin of 34.94% and a return on equity of 7.43%. Equities research analysts anticipate that Getty Realty Corp. will post 2.29 earnings per share for the current year.
Getty Realty Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 6.15%. The ex-dividend date is Thursday, March 27th. Getty Realty's payout ratio is currently 149.21%.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on GTY. KeyCorp raised shares of Getty Realty from a "sector weight" rating to an "overweight" rating and set a $35.00 target price on the stock in a report on Tuesday, December 17th. JMP Securities reaffirmed a "market outperform" rating and issued a $34.00 target price on shares of Getty Realty in a report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $34.00.
Read Our Latest Research Report on GTY
About Getty Realty
(
Free Report)
Recommended Stories
Before you consider Getty Realty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Getty Realty wasn't on the list.
While Getty Realty currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
