Getty Realty (NYSE:GTY) Now Covered by Analysts at UBS Group

Analysts at UBS Group assumed coverage on shares of Getty Realty (NYSE:GTY) in a research note issued on Friday,Benzinga reports. The brokerage set a “neutral” rating and a $32.00 price target on the real estate investment trust’s stock. UBS Group’s price target suggests a potential upside of 4.70% from the stock’s current price.

A number of other brokerages have also recently issued reports on GTY. JMP Securities reaffirmed a “market outperform” rating and issued a $34.00 price objective on shares of Getty Realty in a research note on Friday, January 10th. KeyCorp raised Getty Realty from a “sector weight” rating to an “overweight” rating and set a $35.00 price objective on the stock in a research note on Tuesday, December 17th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $33.60.

Getty Realty Trading Down 0.8 %

Shares of Getty Realty stock opened at $30.56 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.28 and a quick ratio of 2.28. Getty Realty has a 1 year low of $25.70 and a 1 year high of $33.85. The firm has a market cap of $1.68 billion, a PE ratio of 24.26 and a beta of 0.91. The company has a 50 day simple moving average of $30.81 and a two-hundred day simple moving average of $31.29.

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

Institutional Investors Weigh In On Getty Realty

Several hedge funds have recently made changes to their positions in GTY. HighTower Advisors LLC lifted its position in Getty Realty by 0.6% during the fourth quarter. HighTower Advisors LLC now owns 63,200 shares of the real estate investment trust’s stock valued at $1,904,000 after buying an additional 391 shares during the period. Louisiana State Employees Retirement System lifted its holdings in shares of Getty Realty by 1.7% during the fourth 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 last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Getty Realty by 0.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 72,117 shares of the real estate investment trust’s stock worth $2,173,000 after purchasing an additional 519 shares in the last quarter. American Century Companies Inc. increased its position in Getty Realty by 3.4% during the 4th quarter. American Century Companies Inc. now owns 16,237 shares of the real estate investment trust’s stock valued at $489,000 after buying an additional 533 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Getty Realty by 4.7% during the fourth quarter. Cetera Investment Advisers now owns 12,433 shares of the real estate investment trust’s stock valued at $375,000 after buying an additional 561 shares during the last quarter. 85.11% of the stock is currently owned by institutional investors.

Getty Realty Company Profile