Dupont Capital Management Corp acquired a new stake in Getty Realty Corp. (NYSE:GTY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 12,177 shares of the real estate investment trust’s stock, valued at approximately $331,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of Getty Realty in the 3rd quarter valued at about $158,000. Piedmont Investment Advisors LLC purchased a new position in shares of Getty Realty in the 3rd quarter valued at about $204,000. Nine Chapters Capital Management LLC purchased a new position in shares of Getty Realty in the 3rd quarter valued at about $235,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Getty Realty in the 3rd quarter valued at about $255,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in shares of Getty Realty in the 3rd quarter valued at about $273,000. Institutional investors and hedge funds own 62.57% of the company’s stock.
GTY has been the subject of a number of research analyst reports. Zacks Investment Research raised Getty Realty from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a research report on Tuesday, October 17th. KeyCorp initiated coverage on Getty Realty in a research report on Tuesday, December 12th. They issued a “sector weight” rating for the company. Finally, ValuEngine cut Getty Realty from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $28.75.
Shares of Getty Realty Corp. (GTY) opened at $23.50 on Friday. The stock has a market capitalization of $930.84, a PE ratio of 13.13, a P/E/G ratio of 5.36 and a beta of 0.46. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.37 and a quick ratio of 1.37. Getty Realty Corp. has a 1 year low of $22.68 and a 1 year high of $29.89.
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Getty Realty Profile
Getty Realty Corp. is a real estate investment trust (REIT). The Company specializes in the ownership, leasing and financing of convenience store and gasoline station properties. As of June 30, 2017, the Company’s 825 properties were located in 26 states across the United States and Washington, District of Columbia.
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