Swiss National Bank Has $3.05 Million Holdings in Getty Realty Corp. (NYSE:GTY)

Swiss National Bank grew its holdings in shares of Getty Realty Corp. (NYSE:GTY) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 101,209 shares of the real estate investment trust’s stock after acquiring an additional 1,100 shares during the quarter. Swiss National Bank owned 0.18% of Getty Realty worth $3,049,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in GTY. State Street Corp increased its position 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 worth $126,411,000 after purchasing an additional 172,631 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Getty Realty by 1.3% during the third quarter. Geode Capital Management LLC now owns 1,279,650 shares of the real estate investment trust’s stock worth $40,713,000 after buying an additional 16,252 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Getty Realty by 1.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 777,330 shares of the real estate investment trust’s stock worth $24,727,000 after buying an additional 11,742 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its holdings in shares of Getty Realty by 17.1% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 681,231 shares of the real estate investment trust’s stock valued at $20,525,000 after acquiring an additional 99,530 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Getty Realty by 7.7% during the 4th quarter. Bank of New York Mellon Corp now owns 586,780 shares of the real estate investment trust’s stock worth $17,680,000 after acquiring an additional 41,826 shares during the last quarter. Institutional investors own 85.11% of the company’s stock.

Getty Realty Trading Up 1.0 %

NYSE GTY opened at $30.79 on Thursday. The firm has a market capitalization of $1.69 billion, a PE ratio of 24.44 and a beta of 0.91. The business’s 50-day moving average price is $30.82 and its two-hundred day moving average price is $31.29. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.94. Getty Realty Corp. has a 12 month low of $25.70 and a 12 month high of $33.85.

Getty Realty (NYSE:GTY) last released its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates 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, analysts expect that Getty Realty Corp. will post 2.29 EPS for the current year.

Getty Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 6.11%. The ex-dividend date is Thursday, March 27th. Getty Realty’s dividend payout ratio is presently 149.21%.

Analyst Ratings Changes

GTY has been the subject of several research reports. 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 report on Tuesday, December 17th. JMP Securities reiterated a “market outperform” rating and set a $34.00 target price on shares of Getty Realty in a research report on Friday, January 10th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Getty Realty presently has an average rating of “Moderate Buy” and a consensus price target of $34.00.

Getty Realty Profile