Yousif Capital Management LLC Purchases 875 Shares of Getty Realty Corp. (NYSE:GTY)

Yousif Capital Management LLC lifted its position in shares of Getty Realty Corp. (NYSE:GTY) by 3.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,734 shares of the real estate investment trust’s stock after acquiring an additional 875 shares during the period. Yousif Capital Management LLC’s holdings in Getty Realty were worth $694,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in GTY. Commonwealth Equity Services LLC boosted its holdings in shares of Getty Realty by 16.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 10,230 shares of the real estate investment trust’s stock valued at $284,000 after purchasing an additional 1,469 shares in the last quarter. Bailard Inc. grew its position in Getty Realty by 80.5% in the third quarter. Bailard Inc. now owns 10,761 shares of the real estate investment trust’s stock valued at $298,000 after acquiring an additional 4,800 shares during the last quarter. Brown Advisory Inc. grew its position in Getty Realty by 3.0% in the third quarter. Brown Advisory Inc. now owns 825,185 shares of the real estate investment trust’s stock valued at $22,882,000 after acquiring an additional 23,964 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Getty Realty by 12.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,299 shares of the real estate investment trust’s stock worth $480,000 after acquiring an additional 1,909 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Getty Realty by 6.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 10,491 shares of the real estate investment trust’s stock worth $291,000 after acquiring an additional 613 shares during the last quarter. Institutional investors and hedge funds own 85.11% of the company’s stock.

Getty Realty Stock Performance

GTY opened at $27.65 on Monday. The stock has a market cap of $1.49 billion, a PE ratio of 23.63 and a beta of 0.88. The company has a quick ratio of 3.73, a current ratio of 3.37 and a debt-to-equity ratio of 0.84. Getty Realty Corp. has a twelve month low of $25.90 and a twelve month high of $35.56. The company has a fifty day moving average of $26.92 and a 200-day moving average of $27.81.

Getty Realty (NYSE:GTY) last issued its quarterly earnings results on Friday, April 26th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.27). Getty Realty had a return on equity of 6.80% and a net margin of 32.74%. The business had revenue of $48.97 million for the quarter, compared to analyst estimates of $46.63 million. During the same quarter in the previous year, the business posted $0.56 earnings per share. On average, sell-side analysts predict that Getty Realty Corp. will post 2.31 EPS for the current year.

Getty Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 11th. Shareholders of record on Thursday, June 27th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.51%. The ex-dividend date of this dividend is Thursday, June 27th. Getty Realty’s payout ratio is 153.85%.

Wall Street Analysts Forecast Growth

GTY has been the subject of a number of research analyst reports. JMP Securities reiterated a “market outperform” rating and set a $33.00 price objective on shares of Getty Realty in a research report on Monday, March 25th. StockNews.com raised Getty Realty from a “sell” rating to a “hold” rating in a report on Monday, April 22nd.

Getty Realty Profile