11,931 Shares in Getty Realty Corp. (NYSE:GTY) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new stake in Getty Realty Corp. (NYSE:GTY) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 11,931 shares of the real estate investment trust’s stock, valued at approximately $359,000.

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in shares of Getty Realty by 149.1% in the 3rd quarter. Jane Street Group LLC now owns 96,423 shares of the real estate investment trust’s stock valued at $3,067,000 after acquiring an additional 57,712 shares during the last quarter. Stifel Financial Corp grew its position in Getty Realty by 79.9% in the 3rd quarter. Stifel Financial Corp now owns 198,761 shares of the real estate investment trust’s stock valued at $6,323,000 after buying an additional 88,253 shares in the last quarter. Barclays PLC boosted its holdings in shares of Getty Realty by 409.6% in the third quarter. Barclays PLC now owns 103,121 shares of the real estate investment trust’s stock valued at $3,281,000 after acquiring an additional 82,887 shares in the last quarter. abrdn plc increased its position in shares of Getty Realty by 30.6% during the 4th quarter. abrdn plc now owns 12,692 shares of the real estate investment trust’s stock valued at $380,000 after purchasing an additional 2,975 shares during the period. Finally, Geode Capital Management LLC grew its holdings 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 worth $40,713,000 after acquiring an additional 16,252 shares during the period. 85.11% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

GTY has been the topic of a number of recent analyst reports. KeyCorp upgraded shares of 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. JMP Securities reaffirmed a “market outperform” rating and issued a $34.00 price target on shares of Getty Realty in a research report on Friday, January 10th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.00.

Getty Realty Stock Down 0.4 %

NYSE GTY opened at $30.48 on Wednesday. The stock’s 50 day simple moving average is $30.81 and its 200 day simple moving average is $31.29. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.28 and a quick ratio of 2.28. The firm has a market cap of $1.68 billion, a PE ratio of 24.19 and a beta of 0.91. Getty Realty Corp. has a one year low of $25.70 and a one year high of $33.85.

Getty Realty (NYSE:GTY) last posted its quarterly 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 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 earnings per share for the current fiscal year.

Getty Realty Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $1.88 annualized dividend and a dividend yield of 6.17%. Getty Realty’s payout ratio is currently 149.21%.

Getty Realty Profile