Getty Realty Corporation (NYSE:GTY) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its position in Getty Realty Corporation (NYSE:GTY - Free Report) by 13.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 311,695 shares of the real estate investment trust's stock after acquiring an additional 36,638 shares during the period. Envestnet Asset Management Inc. owned 0.57% of Getty Realty worth $9,719,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of GTY. GF Fund Management CO. LTD. acquired a new position in shares of Getty Realty during the 4th quarter worth approximately $28,000. Loomis Sayles & Co. L P acquired a new position in shares of Getty Realty in the 4th quarter valued at approximately $45,000. Sterling Capital Management LLC raised its position in shares of Getty Realty by 821.5% in the 4th quarter. Sterling Capital Management LLC now owns 1,585 shares of the real estate investment trust's stock valued at $48,000 after buying an additional 1,413 shares in the last quarter. Quarry LP raised its position in shares of Getty Realty by 468.0% in the 4th quarter. Quarry LP now owns 2,806 shares of the real estate investment trust's stock valued at $85,000 after buying an additional 2,312 shares in the last quarter. Finally, Captrust Financial Advisors acquired a new position in shares of Getty Realty in the 4th quarter valued at approximately $209,000. Institutional investors own 85.11% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. KeyCorp cut their price objective on Getty Realty from $35.00 to $33.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 7th. Robert W. Baird dropped their price target on Getty Realty from $33.00 to $32.00 and set a "neutral" rating for the company in a research note on Thursday, April 24th. Finally, UBS Group dropped their target price on Getty Realty from $29.00 to $28.00 and set a "neutral" rating for the company in a report on Wednesday, July 16th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $32.33.

Getty Realty Stock Up 1.2%

GTY stock traded up $0.34 during trading on Tuesday, reaching $27.29. The stock had a trading volume of 319,200 shares, compared to its average volume of 341,398. Getty Realty Corporation has a one year low of $26.42 and a one year high of $33.85. The company has a quick ratio of 2.44, a current ratio of 2.44 and a debt-to-equity ratio of 0.94. The company's 50 day moving average is $28.36 and its two-hundred day moving average is $29.38. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 22.55, a P/E/G ratio of 2.55 and a beta of 0.82.

Getty Realty (NYSE:GTY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The real estate investment trust reported $0.59 EPS for the quarter, meeting analysts' consensus estimates of $0.59. The business had revenue of $52.33 million for the quarter, compared to analysts' expectations of $52.71 million. Getty Realty had a net margin of 33.44% and a return on equity of 7.21%. Equities research analysts forecast that Getty Realty Corporation will post 2.29 EPS for the current year.

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