Getty Realty (NYSE:GTY) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Wednesday.

Other research analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Getty Realty from a “buy” rating to a “hold” rating in a research report on Tuesday, July 31st. BTIG Research began coverage on shares of Getty Realty in a research note on Tuesday, July 24th. They set a “buy” rating and a $31.00 price target on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Getty Realty has an average rating of “Buy” and an average price target of $30.75.

Getty Realty stock opened at $29.22 on Wednesday. Getty Realty has a twelve month low of $22.68 and a twelve month high of $29.59. The company has a market cap of $1.17 billion, a PE ratio of 17.60, a P/E/G ratio of 11.88 and a beta of 0.48. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.74.

Getty Realty (NYSE:GTY) last released its earnings results on Wednesday, October 24th. The real estate investment trust reported $0.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.21). Getty Realty had a net margin of 35.21% and a return on equity of 8.61%. The company had revenue of $29.57 million for the quarter, compared to the consensus estimate of $29.50 million. On average, equities analysts expect that Getty Realty will post 1.8 EPS for the current fiscal year.

Several hedge funds have recently made changes to their positions in GTY. BlackRock Inc. lifted its stake in shares of Getty Realty by 7.7% during the 2nd quarter. BlackRock Inc. now owns 5,432,285 shares of the real estate investment trust’s stock valued at $153,029,000 after buying an additional 388,343 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Getty Realty by 31.7% during the 2nd quarter. Northern Trust Corp now owns 816,768 shares of the real estate investment trust’s stock valued at $23,010,000 after buying an additional 196,695 shares in the last quarter. Renaissance Technologies LLC lifted its stake in shares of Getty Realty by 9.0% during the 2nd quarter. Renaissance Technologies LLC now owns 2,261,586 shares of the real estate investment trust’s stock valued at $63,709,000 after buying an additional 187,574 shares in the last quarter. TD Asset Management Inc. lifted its stake in shares of Getty Realty by 97.4% during the 2nd quarter. TD Asset Management Inc. now owns 206,312 shares of the real estate investment trust’s stock valued at $5,812,000 after buying an additional 101,800 shares in the last quarter. Finally, Morgan Stanley lifted its stake in shares of Getty Realty by 41.0% during the 3rd quarter. Morgan Stanley now owns 190,080 shares of the real estate investment trust’s stock valued at $5,427,000 after buying an additional 55,274 shares in the last quarter. Institutional investors own 64.56% of the company’s stock.

Getty Realty Company Profile

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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