Getty Realty Corp. (NYSE:GTY) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $22.36 and last traded at $22.33, with a volume of 74,778 shares traded. The stock had previously closed at $22.25.

Separately, JMP Securities started coverage on shares of Getty Realty Corp. in a research report on Friday, June 17th. They set a “market perform” rating on the stock.

The company has a market cap of $750.72 million and a P/E ratio of 16.29. The firm has a 50 day moving average of $21.02 and a 200-day moving average of $19.32.

Getty Realty Corp. (NYSE:GTY) last announced its earnings results on Wednesday, May 4th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by $0.02. During the same period in the previous year, the business posted $0.33 earnings per share. The business had revenue of $28.40 million for the quarter, compared to the consensus estimate of $29 million. Getty Realty Corp.’s revenue for the quarter was up 15.0% compared to the same quarter last year. On average, analysts expect that Getty Realty Corp. will post $1.54 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, July 7th. Shareholders of record on Thursday, June 23rd were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend was Tuesday, June 21st.

A number of hedge funds and institutional investors recently made changes to their positions in GTY. California Public Employees Retirement System raised its position in shares of Getty Realty Corp. by 1.3% in the fourth quarter. California Public Employees Retirement System now owns 129,300 shares of the real estate investment trust’s stock valued at $2,217,000 after buying an additional 1,600 shares during the period. LSV Asset Management raised its position in shares of Getty Realty Corp. by 1.0% in the fourth quarter. LSV Asset Management now owns 554,864 shares of the real estate investment trust’s stock valued at $9,515,000 after buying an additional 5,500 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Getty Realty Corp. by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 352,984 shares of the real estate investment trust’s stock valued at $6,054,000 after buying an additional 9,178 shares during the period. Russell Frank Co raised its position in shares of Getty Realty Corp. by 11.8% in the fourth quarter. Russell Frank Co now owns 131,244 shares of the real estate investment trust’s stock valued at $2,286,000 after buying an additional 13,812 shares during the period. Finally, Century Capital Management LLC raised its position in shares of Getty Realty Corp. by 24.1% in the fourth quarter. Century Capital Management LLC now owns 244,315 shares of the real estate investment trust’s stock valued at $4,190,000 after buying an additional 47,498 shares during the period.

Getty Realty Corp. is a real estate investment trust. The Company is engaged in the ownership, leasing and financing of convenience store and gasoline station properties. It owns and leases approximately 850 properties that are located in over 20 states across the United States and Washington, District of Columbia.

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