Commonwealth of Pennsylvania Public School Empls Retrmt SYS Buys 7,744 Shares of Getty Realty Corp. (NYSE:GTY)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Getty Realty Corp. (NYSE:GTY) by 40.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,089 shares of the real estate investment trust’s stock after buying an additional 7,744 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Getty Realty were worth $816,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GTY. Fifth Third Bancorp lifted its holdings in Getty Realty by 923.7% during the fourth quarter. Fifth Third Bancorp now owns 1,341 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 1,210 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Getty Realty by 715.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,386 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 1,216 shares during the period. GAMMA Investing LLC lifted its stake in shares of Getty Realty by 66.2% during the 4th quarter. GAMMA Investing LLC now owns 1,486 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 592 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in 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 worth $76,000 after buying an additional 1,799 shares during the period. Finally, KBC Group NV increased its stake in Getty Realty by 42.4% in the 4th quarter. KBC Group NV now owns 3,097 shares of the real estate investment trust’s stock worth $93,000 after buying an additional 922 shares in the last quarter. 85.11% of the stock is currently owned by institutional investors.

Getty Realty Trading Up 1.0 %

Shares of Getty Realty stock opened at $30.79 on Thursday. Getty Realty Corp. has a twelve month low of $25.70 and a twelve month high of $33.85. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.94. The business has a 50-day moving average price of $30.82 and a 200-day moving average price of $31.29. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 24.44 and a beta of 0.91.

Getty Realty (NYSE:GTY) last released its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.29. Getty Realty had a return on equity of 7.43% and a net margin of 34.94%. Equities research analysts anticipate that Getty Realty Corp. will post 2.29 EPS for the current fiscal year.

Getty Realty Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Thursday, March 27th. This represents a $1.88 annualized dividend and a yield of 6.11%. Getty Realty’s dividend payout ratio (DPR) is currently 149.21%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. JMP Securities restated a “market outperform” rating and issued a $34.00 price objective on shares of Getty Realty in a research report on Friday, January 10th. KeyCorp raised Getty Realty from a “sector weight” rating to an “overweight” rating and set a $35.00 price target on the stock in a report on Tuesday, December 17th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $34.00.

Getty Realty Profile