Quantbot Technologies LP Boosts Holdings in Getty Realty Corp. (NYSE:GTY)

Quantbot Technologies LP boosted its position in shares of Getty Realty Corp. (NYSE:GTY) by 232.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 32,755 shares of the real estate investment trust’s stock after purchasing an additional 22,904 shares during the period. Quantbot Technologies LP’s holdings in Getty Realty were worth $987,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of GTY. Verition Fund Management LLC purchased a new stake in shares of Getty Realty during the third quarter valued at approximately $10,119,000. NFJ Investment Group LLC purchased a new position in Getty Realty in the 3rd quarter worth approximately $9,231,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Getty Realty by 493.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 317,380 shares of the real estate investment trust’s stock valued at $10,096,000 after acquiring an additional 263,938 shares in the last quarter. State Street Corp boosted its stake in Getty Realty by 4.6% during the 3rd quarter. State Street Corp now owns 3,920,520 shares of the real estate investment trust’s stock valued at $126,411,000 after purchasing an additional 172,631 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC increased its holdings in shares of Getty Realty by 17.1% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 681,231 shares of the real estate investment trust’s stock worth $20,525,000 after purchasing an additional 99,530 shares in the last quarter. 85.11% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on GTY shares. JMP Securities reaffirmed a “market outperform” rating and set a $34.00 price target on shares of Getty Realty in a report on Friday, January 10th. KeyCorp raised 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. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $34.00.

Getty Realty Stock Down 0.4 %

GTY stock opened at $30.48 on Wednesday. The company has a market cap of $1.68 billion, a price-to-earnings ratio of 24.19 and a beta of 0.91. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.28 and a current ratio of 2.28. The business’s 50-day moving average is $30.81 and its two-hundred day moving average is $31.29. Getty Realty Corp. has a fifty-two week low of $25.70 and a fifty-two week high of $33.85.

Getty Realty (NYSE:GTY) last issued its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.60 earnings per share 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%. As a group, analysts forecast that Getty Realty Corp. will post 2.29 earnings per share for the current year.

Getty Realty Announces Dividend

The firm also recently disclosed 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. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date of this dividend is Thursday, March 27th. Getty Realty’s payout ratio is 149.21%.

Getty Realty Profile