Jefferies Group LLC bought a new stake in Getty Realty Co. (NYSE:GTY) in the 4th quarter, HoldingsChannel.com reports. The fund bought 15,810 shares of the real estate investment trust’s stock, valued at approximately $429,000.

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in Getty Realty in the 3rd quarter valued at approximately $158,000. Piedmont Investment Advisors LLC acquired a new stake in Getty Realty in the 3rd quarter valued at approximately $204,000. Cubist Systematic Strategies LLC acquired a new stake in Getty Realty in the 3rd quarter valued at approximately $255,000. AMP Capital Investors Ltd acquired a new stake in Getty Realty in the 4th quarter valued at approximately $251,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in Getty Realty in the 3rd quarter valued at approximately $273,000. Hedge funds and other institutional investors own 65.09% of the company’s stock.

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Several analysts recently weighed in on GTY shares. ValuEngine upgraded shares of Getty Realty from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Zacks Investment Research upgraded shares of Getty Realty from a “sell” rating to a “hold” rating in a research note on Tuesday, November 28th. Finally, KeyCorp began coverage on shares of Getty Realty in a research note on Tuesday, December 12th. They issued a “sector weight” rating for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. Getty Realty presently has a consensus rating of “Buy” and a consensus target price of $28.75.

Getty Realty Co. (GTY) opened at $24.28 on Friday. The company has a market cap of $955.03, a price-to-earnings ratio of 13.44, a price-to-earnings-growth ratio of 5.83 and a beta of 0.55. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.41 and a quick ratio of 1.41. Getty Realty Co. has a 12 month low of $22.68 and a 12 month high of $29.89.

Getty Realty (NYSE:GTY) last posted its quarterly earnings results on Wednesday, February 28th. The real estate investment trust reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.12). The business had revenue of $28.16 million during the quarter, compared to analyst estimates of $27.57 million. Getty Realty had a return on equity of 9.41% and a net margin of 39.27%. The business’s revenue was up 13.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.43 EPS. sell-side analysts forecast that Getty Realty Co. will post 1.77 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 5th. Shareholders of record on Thursday, March 22nd will be paid a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, March 21st. This represents a $1.28 annualized dividend and a dividend yield of 5.27%. Getty Realty’s dividend payout ratio (DPR) is 100.00%.

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Getty Realty Profile

Getty Realty Corp. is a real estate investment trust (REIT). The Company specializes in the ownership, leasing and financing of convenience store and gasoline station properties. As of June 30, 2017, the Company’s 825 properties were located in 26 states across the United States and Washington, District of Columbia.

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Institutional Ownership by Quarter for Getty Realty (NYSE:GTY)

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