Free Trial

Dean Capital Management Has $1.70 Million Stock Position in Getty Realty Corporation $GTY

Getty Realty logo with Finance background

Key Points

  • Dean Capital Management increased its stake in Getty Realty Corporation by 38.2%, bringing its total shares to 54,458 worth approximately $1.7 million.
  • Getty Realty reported earnings per share of $0.59 for the last quarter, which was below analysts' expectations of $0.60, while revenue was slightly under estimates at $51.31 million.
  • The company announced a quarterly dividend of $0.47, yielding 6.6%, although its payout ratio stands at a high 163.48%.
  • Five stocks we like better than Getty Realty.

Dean Capital Management lifted its holdings in Getty Realty Corporation (NYSE:GTY - Free Report) by 38.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 54,458 shares of the real estate investment trust's stock after purchasing an additional 15,066 shares during the period. Dean Capital Management owned 0.10% of Getty Realty worth $1,698,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. GF Fund Management CO. LTD. bought a new position in shares of Getty Realty in the fourth quarter worth about $28,000. Advisors Asset Management Inc. bought a new position in shares of Getty Realty in the first quarter worth about $31,000. US Bancorp DE increased its stake in shares of Getty Realty by 52.4% in the first quarter. US Bancorp DE now owns 1,093 shares of the real estate investment trust's stock worth $34,000 after purchasing an additional 376 shares during the period. Quarry LP increased its stake in shares of Getty Realty by 32.1% in the first quarter. Quarry LP now owns 3,706 shares of the real estate investment trust's stock worth $116,000 after purchasing an additional 900 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Getty Realty by 11.6% in the first quarter. PNC Financial Services Group Inc. now owns 3,933 shares of the real estate investment trust's stock worth $123,000 after purchasing an additional 409 shares during the period. 85.11% of the stock is currently owned by institutional investors.

Getty Realty Stock Performance

GTY traded down $0.23 on Friday, hitting $28.26. 248,060 shares of the stock traded hands, compared to its average volume of 276,418. Getty Realty Corporation has a 52 week low of $26.42 and a 52 week high of $33.85. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $1.60 billion, a PE ratio of 24.57, a P/E/G ratio of 2.12 and a beta of 0.86. The business has a fifty day moving average price of $28.03 and a two-hundred day moving average price of $28.74.

Getty Realty (NYSE:GTY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). Getty Realty had a net margin of 31.62% and a return on equity of 6.87%. The firm had revenue of $51.31 million for the quarter, compared to the consensus estimate of $51.59 million. Getty Realty has set its FY 2025 guidance at 2.400-2.41 EPS. On average, research analysts predict that Getty Realty Corporation will post 2.29 EPS for the current fiscal year.

Getty Realty Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, September 25th will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 6.7%. The ex-dividend date is Thursday, September 25th. Getty Realty's payout ratio is currently 163.48%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Wall Street Zen upgraded Getty Realty from a "sell" rating to a "hold" rating in a research note on Saturday. UBS Group lifted their price objective on Getty Realty from $28.00 to $30.00 and gave the stock a "neutral" rating in a research note on Friday, August 15th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Getty Realty presently has a consensus rating of "Moderate Buy" and an average target price of $32.67.

Check Out Our Latest Report on Getty Realty

Getty Realty Profile

(Free Report)

Read More

Institutional Ownership by Quarter for Getty Realty (NYSE:GTY)

Should You Invest $1,000 in Getty Realty Right Now?

Before you consider Getty Realty, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Getty Realty wasn't on the list.

While Getty Realty currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.