Getty Realty (NYSE:GTY) Earns Neutral Rating from Analysts at UBS Group

Equities researchers at UBS Group began coverage on shares of Getty Realty (NYSE:GTY) in a report released on Friday, MarketBeat.com reports. The firm set a “neutral” rating and a $32.00 price target on the real estate investment trust’s stock. UBS Group’s price target would suggest a potential upside of 4.43% from the company’s previous close.

A number of other equities analysts have also recently commented on GTY. JMP Securities reiterated a “market outperform” rating and set a $34.00 price target on shares of Getty Realty in a report on Friday, January 10th. KeyCorp upgraded Getty Realty from a “sector weight” rating to an “overweight” rating and set a $35.00 target price for the company in a research note on Tuesday, December 17th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Getty Realty has an average rating of “Moderate Buy” and an average target price of $33.60.

Getty Realty Trading Up 0.2 %

NYSE GTY opened at $30.64 on Friday. Getty Realty has a 12 month low of $25.70 and a 12 month high of $33.85. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.94. The stock has a 50 day moving average of $30.80 and a 200-day moving average of $31.27. The company has a market cap of $1.69 billion, a PE ratio of 24.32 and a beta of 0.91.

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 (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%. On average, equities research analysts anticipate that Getty Realty will post 2.29 EPS for the current fiscal year.

Hedge Funds Weigh In On Getty Realty

Several institutional investors and hedge funds have recently made changes to their positions in GTY. HighTower Advisors LLC boosted its stake in Getty Realty by 0.6% in the 4th quarter. HighTower Advisors LLC now owns 63,200 shares of the real estate investment trust’s stock valued at $1,904,000 after purchasing an additional 391 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of Getty Realty by 1.7% in the fourth quarter. Louisiana State Employees Retirement System now owns 24,500 shares of the real estate investment trust’s stock valued at $738,000 after acquiring an additional 400 shares during the period. Public Employees Retirement System of Ohio grew its stake in shares of Getty Realty by 0.7% in the fourth quarter. Public Employees Retirement System of Ohio now owns 72,117 shares of the real estate investment trust’s stock valued at $2,173,000 after acquiring an additional 519 shares in the last quarter. American Century Companies Inc. increased its position in Getty Realty by 3.4% during the fourth quarter. American Century Companies Inc. now owns 16,237 shares of the real estate investment trust’s stock worth $489,000 after acquiring an additional 533 shares during the period. Finally, Cetera Investment Advisers increased its position in Getty Realty by 4.7% during the fourth quarter. Cetera Investment Advisers now owns 12,433 shares of the real estate investment trust’s stock worth $375,000 after acquiring an additional 561 shares during the period. Institutional investors and hedge funds own 85.11% of the company’s stock.

Getty Realty Company Profile