Jackson Creek Investment Advisors LLC Has $1.41 Million Stock Position in Getty Realty Corp. (NYSE:GTY)

Jackson Creek Investment Advisors LLC cut its holdings in shares of Getty Realty Corp. (NYSE:GTY) by 3.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 46,859 shares of the real estate investment trust’s stock after selling 1,456 shares during the quarter. Jackson Creek Investment Advisors LLC’s holdings in Getty Realty were worth $1,412,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of GTY. Jane Street Group LLC boosted its stake in Getty Realty by 149.1% in the third quarter. Jane Street Group LLC now owns 96,423 shares of the real estate investment trust’s stock valued at $3,067,000 after acquiring an additional 57,712 shares during the last quarter. Stifel Financial Corp grew its stake in shares of Getty Realty by 79.9% during the third quarter. Stifel Financial Corp now owns 198,761 shares of the real estate investment trust’s stock worth $6,323,000 after purchasing an additional 88,253 shares during the period. Barclays PLC increased its holdings in Getty Realty by 409.6% in the third quarter. Barclays PLC now owns 103,121 shares of the real estate investment trust’s stock valued at $3,281,000 after purchasing an additional 82,887 shares during the last quarter. abrdn plc lifted its stake in Getty Realty by 30.6% in the fourth quarter. abrdn plc now owns 12,692 shares of the real estate investment trust’s stock valued at $380,000 after buying an additional 2,975 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in 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 during the last quarter. Institutional investors own 85.11% of the company’s stock.

Analysts Set New Price Targets

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

Getty Realty Stock Up 1.0 %

NYSE:GTY opened at $31.36 on Friday. Getty Realty Corp. has a 1 year low of $25.70 and a 1 year high of $33.85. The stock has a 50-day moving average price of $30.60 and a two-hundred day moving average price of $31.37. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 24.89 and a beta of 0.91. 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 (NYSE:GTY) last issued its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.29. Getty Realty had a return on equity of 7.43% and a net margin of 34.94%. As a group, equities analysts expect that Getty Realty Corp. will post 2.29 earnings per share for the current year.

Getty Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 5.99%. The ex-dividend date is Thursday, March 27th. Getty Realty’s dividend payout ratio is 149.21%.

Getty Realty Profile