Getty Realty Co. (GTY) Holdings Lifted by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. boosted its holdings in Getty Realty Co. (NYSE:GTY) by 13.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 108,207 shares of the real estate investment trust’s stock after purchasing an additional 12,780 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.27% of Getty Realty worth $2,939,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of GTY. SG Americas Securities LLC bought a new position in Getty Realty in the 3rd quarter worth approximately $158,000. Piedmont Investment Advisors LLC bought a new position in shares of Getty Realty during the 3rd quarter valued at approximately $204,000. AMP Capital Investors Ltd bought a new position in shares of Getty Realty during the 4th quarter valued at approximately $251,000. Cubist Systematic Strategies LLC bought a new position in shares of Getty Realty during the 3rd quarter valued at approximately $255,000. Finally, Teacher Retirement System of Texas bought a new position in shares of Getty Realty during the 4th quarter valued at approximately $313,000. Institutional investors and hedge funds own 65.09% of the company’s stock.

NYSE GTY opened at $24.82 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.68. The company has a market cap of $1,004.27, a PE ratio of 14.13, a PEG ratio of 3.99 and a beta of 0.48. Getty Realty Co. has a one year low of $22.68 and a one year high of $29.89.



Getty Realty (NYSE:GTY) last posted its earnings results on Wednesday, February 28th. The real estate investment trust reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.12). The firm had revenue of $28.16 million for the quarter, compared to the consensus estimate of $27.57 million. Getty Realty had a net margin of 39.27% and a return on equity of 9.41%. The firm’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.43 earnings per share. sell-side analysts expect that Getty Realty Co. will post 1.81 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, April 5th. Stockholders of record on Thursday, March 22nd were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Wednesday, March 21st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.16%. Getty Realty’s dividend payout ratio is currently 77.11%.

A number of research firms have recently commented on GTY. Zacks Investment Research downgraded Getty Realty from a “hold” rating to a “sell” rating in a research report on Wednesday, April 4th. ValuEngine upgraded Getty Realty from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $31.67.

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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.

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

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