New York State Common Retirement Fund Has $1.18 Million Holdings in Getty Realty Corp. (NYSE:GTY)

New York State Common Retirement Fund decreased its holdings in Getty Realty Corp. (NYSE:GTY) by 23.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,993 shares of the real estate investment trust’s stock after selling 11,700 shares during the period. New York State Common Retirement Fund owned about 0.07% of Getty Realty worth $1,175,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Louisiana State Employees Retirement System increased its holdings in shares of Getty Realty by 1.7% in the 4th quarter. Louisiana State Employees Retirement System now owns 24,500 shares of the real estate investment trust’s stock valued at $738,000 after purchasing an additional 400 shares during the period. Huntington National Bank increased its holdings in shares of Getty Realty by 21.6% in the 3rd quarter. Huntington National Bank now owns 2,484 shares of the real estate investment trust’s stock valued at $79,000 after purchasing an additional 441 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Getty Realty by 34.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,990 shares of the real estate investment trust’s stock valued at $63,000 after purchasing an additional 513 shares during the period. GAMMA Investing LLC increased its holdings in shares of Getty Realty by 66.2% in the 4th quarter. GAMMA Investing LLC now owns 1,486 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 592 shares during the period. Finally, KBC Group NV increased its holdings in shares of Getty Realty by 45.8% in the 3rd quarter. KBC Group NV now owns 2,175 shares of the real estate investment trust’s stock valued at $69,000 after purchasing an additional 683 shares during the period. Institutional investors and hedge funds own 85.11% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on GTY shares. KeyCorp upgraded Getty Realty from a “sector weight” rating to an “overweight” rating and set a $35.00 price objective on the stock in a report on Tuesday, December 17th. JMP Securities restated a “market outperform” rating and issued a $34.00 price objective on shares of Getty Realty in a report on Friday, January 10th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

Getty Realty Trading Down 0.5 %

NYSE:GTY opened at $31.24 on Tuesday. The stock’s 50 day moving average price is $30.54 and its 200 day moving average price is $31.37. Getty Realty Corp. has a 52 week low of $25.70 and a 52 week high of $33.85. The company has a market capitalization of $1.72 billion, a P/E ratio of 24.79 and a beta of 0.93. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.28 and a current ratio of 2.28.

Getty Realty (NYSE:GTY) last announced its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.29. Getty Realty had a return on equity of 7.43% and a net margin of 34.94%. On average, research analysts forecast that Getty Realty Corp. will post 2.29 EPS for the current fiscal year.

Getty Realty Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $1.88 dividend on an annualized basis and a yield of 6.02%. Getty Realty’s payout ratio is currently 149.21%.

Getty Realty Profile