Getty Realty (NYSE:GTY) Earns Neutral Rating from Analysts at UBS Group

Stock analysts at UBS Group assumed coverage on shares of Getty Realty (NYSE:GTY) in a research report issued to clients and investors 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 would suggest a potential upside of 4.70% from the company’s current price.

Other equities analysts also recently issued reports about the stock. JMP Securities reissued a “market outperform” rating and issued a $34.00 price target on shares of Getty Realty in a report 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 report on Tuesday, December 17th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Getty Realty has a consensus rating of “Moderate Buy” and an average price target of $33.60.

Getty Realty Stock Down 0.8 %

Shares of NYSE:GTY opened at $30.56 on Friday. The business’s 50 day moving average is $30.81 and its 200 day moving average is $31.29. Getty Realty has a 12-month low of $25.70 and a 12-month high of $33.85. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 24.26 and a beta of 0.91. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.94.

Getty Realty (NYSE:GTY) last posted its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate 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, sell-side analysts forecast that Getty Realty will post 2.29 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. GF Fund Management CO. LTD. bought a new stake in shares of Getty Realty during the 4th quarter valued at $28,000. Fifth Third Bancorp lifted its holdings in shares of Getty Realty by 923.7% in the fourth quarter. Fifth Third Bancorp now owns 1,341 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 1,210 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Getty Realty by 715.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,386 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 1,216 shares in the last quarter. GAMMA Investing LLC increased its holdings in Getty Realty by 66.2% during the 4th quarter. GAMMA Investing LLC now owns 1,486 shares of the real estate investment trust’s stock worth $45,000 after acquiring an additional 592 shares during the period. Finally, Loomis Sayles & Co. L P purchased a new stake in Getty Realty in the 4th quarter worth approximately $45,000. 85.11% of the stock is owned by institutional investors.

Getty Realty Company Profile