Boston Partners Has $2.08 Million Holdings in Getty Realty Corp. (NYSE:GTY)

Boston Partners cut its position in Getty Realty Corp. (NYSE:GTY - Free Report) by 20.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 68,914 shares of the real estate investment trust's stock after selling 17,281 shares during the period. Boston Partners owned about 0.13% of Getty Realty worth $2,076,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp increased its position in shares of Getty Realty by 923.7% in the 4th quarter. Fifth Third Bancorp now owns 1,341 shares of the real estate investment trust's stock valued at $40,000 after buying an additional 1,210 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Getty Realty by 715.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,386 shares of the real estate investment trust's stock worth $41,000 after acquiring an additional 1,216 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Getty Realty by 66.2% during the fourth quarter. GAMMA Investing LLC now owns 1,486 shares of the real estate investment trust's stock worth $45,000 after purchasing an additional 592 shares during the period. KBC Group NV lifted its holdings in shares of Getty Realty by 45.8% during the 3rd quarter. KBC Group NV now owns 2,175 shares of the real estate investment trust's stock valued at $69,000 after purchasing an additional 683 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in shares of Getty Realty by 246.4% in the 4th quarter. Jones Financial Companies Lllp now owns 2,529 shares of the real estate investment trust's stock valued at $76,000 after purchasing an additional 1,799 shares during the period. 85.11% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

Several analysts have commented on GTY shares. KeyCorp upgraded 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 restated a "market outperform" rating and set a $34.00 price objective on shares of Getty Realty in a report on Friday, January 10th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $34.00.

Getty Realty Stock Up 0.1 %

NYSE GTY traded up $0.05 during trading on Tuesday, hitting $30.66. The stock had a trading volume of 101,931 shares, compared to its average volume of 276,227. The company has a market capitalization of $1.69 billion, a PE ratio of 24.36 and a beta of 0.91. Getty Realty Corp. has a 12 month low of $25.70 and a 12 month high of $33.85. The company's 50-day moving average price is $30.80 and its two-hundred day moving average price is $31.30. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.28 and a current ratio of 2.28.

Getty Realty (NYSE:GTY - Get Free Report) last announced its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.60 EPS for the quarter, topping 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%. As a group, sell-side analysts forecast that Getty Realty Corp. will post 2.29 EPS for the current year.

Getty Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 6.13%. The ex-dividend date is Thursday, March 27th. Getty Realty's payout ratio is 149.21%.

About Getty Realty