WINTON GROUP Ltd Makes New Investment in Getty Realty Corporation $GTY

WINTON GROUP Ltd bought a new stake in shares of Getty Realty Corporation (NYSE:GTY) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 18,200 shares of the real estate investment trust’s stock, valued at approximately $607,000.

Several other large investors also recently modified their holdings of GTY. HB Wealth Management LLC increased its position in shares of Getty Realty by 3.1% in the second quarter. HB Wealth Management LLC now owns 10,329 shares of the real estate investment trust’s stock worth $345,000 after purchasing an additional 314 shares during the period. Oregon Public Employees Retirement Fund raised its stake in Getty Realty by 3.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 12,160 shares of the real estate investment trust’s stock valued at $333,000 after purchasing an additional 400 shares in the last quarter. Allworth Financial LP lifted its position in Getty Realty by 3.0% during the second quarter. Allworth Financial LP now owns 20,308 shares of the real estate investment trust’s stock worth $677,000 after purchasing an additional 590 shares during the period. Arizona State Retirement System lifted its position in Getty Realty by 4.0% during the second quarter. Arizona State Retirement System now owns 15,680 shares of the real estate investment trust’s stock worth $523,000 after purchasing an additional 604 shares during the period. Finally, Nissay Asset Management Corp Japan grew its stake in Getty Realty by 8.9% during the second quarter. Nissay Asset Management Corp Japan now owns 8,524 shares of the real estate investment trust’s stock worth $284,000 after buying an additional 697 shares in the last quarter. 85.11% of the stock is owned by institutional investors and hedge funds.

Getty Realty Stock Down 1.9%

Shares of NYSE GTY opened at $31.44 on Wednesday. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.95. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 2.82 and a beta of 0.72. Getty Realty Corporation has a 12 month low of $25.39 and a 12 month high of $36.83. The stock has a 50-day moving average price of $33.63 and a two-hundred day moving average price of $33.31.

Getty Realty (NYSE:GTY) last posted its earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). Getty Realty had a return on equity of 9.27% and a net margin of 42.74%.The company had revenue of $59.05 million during the quarter, compared to the consensus estimate of $58.45 million. Getty Realty’s quarterly revenue was up 10.9% compared to the same quarter last year. Getty Realty has set its FY 2026 guidance at 2.520-2.540 EPS. As a group, analysts forecast that Getty Realty Corporation will post 2.45 earnings per share for the current fiscal year.

Getty Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Thursday, September 24th will be paid a $0.485 dividend. The ex-dividend date of this dividend is Thursday, September 24th. This represents a $1.94 annualized dividend and a yield of 6.2%. Getty Realty’s dividend payout ratio is presently 118.29%.

Analyst Ratings Changes

GTY has been the topic of several recent analyst reports. Robert W. Baird raised their target price on shares of Getty Realty from $34.00 to $36.00 and gave the company a “neutral” rating in a report on Thursday, July 23rd. Citizens Jmp reaffirmed a “market outperform” rating and set a $39.00 price target on shares of Getty Realty in a report on Tuesday, September 1st. Weiss Ratings upgraded shares of Getty Realty from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 8th. Royal Bank Of Canada lifted their price objective on shares of Getty Realty from $35.00 to $36.00 and gave the company a “sector perform” rating in a research note on Friday, July 24th. Finally, Huntington began coverage on shares of Getty Realty in a research report on Wednesday, July 15th. They set an “outperform” rating and a $37.00 price objective for the company. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.29.

Getty Realty Profile

Getty Realty Corp. (NYSE: GTY) is a real estate investment trust that owns, leases and develops convenience store and automotive service properties. The company primarily invests in properties operated by convenience stores, gas stations, automotive repair businesses, car washes, tire and service centers, and other automotive-related retailers.

Getty Realty generally leases its properties to operators under long-term, often triple-net lease agreements, under which tenants are typically responsible for property taxes, insurance, maintenance and other operating costs.