Jones Financial Companies Lllp Has $76,000 Stock Holdings in Getty Realty Corp. (NYSE:GTY)

Jones Financial Companies Lllp boosted its stake in shares of Getty Realty Corp. (NYSE:GTY) by 246.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,529 shares of the real estate investment trust’s stock after purchasing an additional 1,799 shares during the period. Jones Financial Companies Lllp’s holdings in Getty Realty were worth $76,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Fifth Third Bancorp boosted its position 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 during the last quarter. Smartleaf Asset Management LLC boosted its position in Getty Realty by 715.3% during the fourth 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 last quarter. GAMMA Investing LLC boosted its position in 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 valued at $45,000 after purchasing an additional 592 shares during the last quarter. KBC Group NV boosted its position in Getty Realty by 45.8% during the third 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 during the last quarter. Finally, Huntington National Bank boosted its position in Getty Realty by 21.6% during the third quarter. Huntington National Bank now owns 2,484 shares of the real estate investment trust’s stock valued at $79,000 after purchasing an additional 441 shares during the last quarter. 85.11% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Getty Realty Price Performance

Shares of NYSE GTY opened at $30.58 on Monday. The firm has a market cap of $1.68 billion, a P/E ratio of 24.27 and a beta of 0.91. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.94. Getty Realty Corp. has a 1-year low of $25.70 and a 1-year high of $33.85. The business’s 50 day moving average is $30.67 and its 200-day moving average is $31.35.

Getty Realty (NYSE:GTY) last announced its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.60 earnings per share 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 predict that Getty Realty Corp. will post 2.29 earnings per share for the current year.

Getty Realty Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.15%. Getty Realty’s dividend payout ratio (DPR) is currently 149.21%.

About Getty Realty