UBS Group AG Raises Stock Position in Getty Realty Corporation $GTY

UBS Group AG boosted its holdings in Getty Realty Corporation (NYSE:GTY) by 15.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 180,514 shares of the real estate investment trust’s stock after buying an additional 23,779 shares during the period. UBS Group AG owned 0.31% of Getty Realty worth $4,941,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Versor Investments LP purchased a new stake in Getty Realty in the 3rd quarter worth $1,312,000. Vanguard Group Inc. increased its stake in Getty Realty by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 8,488,950 shares of the real estate investment trust’s stock worth $232,343,000 after buying an additional 102,670 shares in the last quarter. Pensionfund Sabic purchased a new stake in Getty Realty in the 4th quarter worth $671,000. Cbre Investment Management Listed Real Assets LLC grew its position in shares of Getty Realty by 7.0% during the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 505,431 shares of the real estate investment trust’s stock valued at $13,561,000 after purchasing an additional 32,924 shares in the last quarter. Finally, Pensionfund PDN purchased a new position in shares of Getty Realty during the fourth quarter valued at about $1,177,000. Hedge funds and other institutional investors own 85.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. UBS Group raised their price objective on Getty Realty from $29.00 to $33.00 and gave the company a “neutral” rating in a research report on Monday, March 9th. Royal Bank Of Canada restated a “sector perform” rating and set a $35.00 price objective on shares of Getty Realty in a research report on Friday, April 24th. KeyCorp raised their price objective on Getty Realty from $33.00 to $36.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Robert W. Baird raised their price objective on Getty Realty from $32.00 to $34.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Finally, Weiss Ratings upgraded Getty Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 13th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Getty Realty presently has a consensus rating of “Moderate Buy” and an average target price of $33.60.

Getty Realty Trading Down 0.4%

Shares of Getty Realty stock opened at $33.46 on Friday. The firm has a market cap of $2.02 billion, a price-to-earnings ratio of 22.01, a PEG ratio of 2.80 and a beta of 0.75. Getty Realty Corporation has a twelve month low of $25.39 and a twelve month high of $34.75. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.92. The business has a 50-day moving average price of $33.06 and a 200-day moving average price of $30.74.

Getty Realty (NYSE:GTY) last released its quarterly earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.43 EPS for the quarter, topping the consensus estimate of $0.34 by $0.09. The company had revenue of $57.84 million during the quarter, compared to analyst estimates of $58.41 million. Getty Realty had a return on equity of 8.76% and a net margin of 40.06%.The firm’s revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the business posted $0.59 earnings per share. Getty Realty has set its FY 2026 guidance at 2.500-2.52 EPS. Equities research analysts anticipate that Getty Realty Corporation will post 2.4 EPS for the current fiscal year.

Getty Realty Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 25th will be given a $0.485 dividend. The ex-dividend date is Thursday, June 25th. This represents a $1.94 annualized dividend and a yield of 5.8%. Getty Realty’s dividend payout ratio (DPR) is currently 127.63%.

Getty Realty Profile

Getty Realty Corp is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and leasing of service station and convenience retail properties. The company’s portfolio consists primarily of fee-simple and ground-leased sites, which are leased to major national and regional fuel and convenience store operators under long-term, triple-net leases. This structure provides Getty Realty with a stable stream of contractual rental income and limited operational responsibilities.

Founded in 1981, Getty Realty became a publicly listed company in 2005 and trades on the New York Stock Exchange under the ticker symbol GTY.