Marshall Wace LLP Boosts Position in Getty Realty Corp. (NYSE:GTY)

Marshall Wace LLP boosted its position in Getty Realty Corp. (NYSE:GTY - Free Report) by 78.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 512,268 shares of the real estate investment trust's stock after acquiring an additional 225,752 shares during the quarter. Marshall Wace LLP owned 0.93% of Getty Realty worth $15,435,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Fifth Third Bancorp lifted its position in Getty Realty by 923.7% in the 4th 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 during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Getty Realty by 715.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,386 shares of the real estate investment trust's stock valued at $41,000 after purchasing an additional 1,216 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of 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 valued at $45,000 after purchasing an additional 592 shares during the last quarter. Loomis Sayles & Co. L P purchased a new position in Getty Realty in the 4th quarter worth $45,000. Finally, Sterling Capital Management LLC lifted its stake in Getty Realty by 821.5% in the fourth quarter. Sterling Capital Management LLC now owns 1,585 shares of the real estate investment trust's stock worth $48,000 after purchasing an additional 1,413 shares during the last quarter. Hedge funds and other institutional investors own 85.11% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. JMP Securities restated a "market outperform" rating and set a $34.00 target price on shares of Getty Realty in a report on Friday, January 10th. Robert W. Baird decreased their target price on shares of Getty Realty from $33.00 to $32.00 and set a "neutral" rating on the stock in a research note on Thursday. Finally, UBS Group started coverage on Getty Realty in a research note on Friday, March 28th. They issued a "neutral" rating and a $32.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $33.33.

Getty Realty Stock Down 0.8 %

NYSE:GTY traded down $0.21 during mid-day trading on Friday, hitting $27.36. 400,968 shares of the company's stock were exchanged, compared to its average volume of 317,404. Getty Realty Corp. has a one year low of $25.70 and a one year high of $33.85. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.28 and a quick ratio of 2.28. The company has a market cap of $1.51 billion, a PE ratio of 21.71 and a beta of 0.85. The business has a fifty day moving average price of $29.91 and a 200 day moving average price of $30.82.

Getty Realty (NYSE:GTY - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.59. Getty Realty had a net margin of 34.94% and a return on equity of 7.43%. The firm had revenue of $52.33 million for the quarter, compared to the consensus estimate of $52.71 million. Equities analysts predict that Getty Realty Corp. will post 2.29 EPS for the current year.

Getty Realty Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 26th will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.87%. The ex-dividend date of this dividend is Thursday, June 26th. Getty Realty's payout ratio is presently 149.21%.

Getty Realty Profile