Kestra Private Wealth Services LLC Has $718,000 Position in Getty Realty Corp. (NYSE:GTY)

Kestra Private Wealth Services LLC increased its holdings in shares of Getty Realty Corp. (NYSE:GTY - Free Report) by 257.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 23,836 shares of the real estate investment trust's stock after purchasing an additional 17,166 shares during the period. Kestra Private Wealth Services LLC's holdings in Getty Realty were worth $718,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jane Street Group LLC boosted its holdings in shares of Getty Realty by 149.1% during the third quarter. Jane Street Group LLC now owns 96,423 shares of the real estate investment trust's stock worth $3,067,000 after acquiring an additional 57,712 shares during the period. Stifel Financial Corp raised its position in Getty Realty by 79.9% during the third quarter. Stifel Financial Corp now owns 198,761 shares of the real estate investment trust's stock valued at $6,323,000 after purchasing an additional 88,253 shares in the last quarter. Barclays PLC raised its position in Getty Realty by 409.6% during the third quarter. Barclays PLC now owns 103,121 shares of the real estate investment trust's stock valued at $3,281,000 after purchasing an additional 82,887 shares in the last quarter. Geode Capital Management LLC raised its position in Getty Realty by 1.3% during the third quarter. Geode Capital Management LLC now owns 1,279,650 shares of the real estate investment trust's stock valued at $40,713,000 after purchasing an additional 16,252 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new position in shares of Getty Realty during the third quarter worth $495,000. Institutional investors own 85.11% of the company's stock.

Getty Realty Stock Up 0.3 %

Shares of GTY traded up $0.08 on Tuesday, reaching $30.38. The company's stock had a trading volume of 42,455 shares, compared to its average volume of 333,438. The company has a current ratio of 2.44, a quick ratio of 2.44 and a debt-to-equity ratio of 0.87. Getty Realty Corp. has a twelve month low of $25.70 and a twelve month high of $33.85. The stock has a market capitalization of $1.67 billion, a PE ratio of 25.97 and a beta of 0.93. The firm has a fifty day moving average of $30.68 and a 200-day moving average of $31.33.

Getty Realty (NYSE:GTY - Get Free Report) last posted 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 32.97% and a return on equity of 6.84%. Equities analysts predict that Getty Realty Corp. will post 2.23 EPS for the current year.

Getty Realty Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be issued a $0.47 dividend. The ex-dividend date is Thursday, March 27th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.19%. Getty Realty's dividend payout ratio (DPR) is presently 160.68%.

Analyst Ratings Changes

Several brokerages have recently issued reports on GTY. KeyCorp upgraded shares of Getty Realty from a "sector weight" rating to an "overweight" rating and set a $35.00 price target for the company in a report on Tuesday, December 17th. JMP Securities reaffirmed a "market outperform" rating and set a $34.00 price target on shares of Getty Realty in a research report on Friday, January 10th. Finally, Bank of America raised shares of Getty Realty from a "neutral" rating to a "buy" rating and upped their price target for the company from $31.00 to $34.00 in a research report on Monday, October 21st. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $34.00.

Getty Realty Profile