Getty Realty Corp. (GTY) Holdings Lowered by Bessemer Group Inc.

Bessemer Group Inc. lowered its position in shares of Getty Realty Corp. (NYSE:GTY) by 24.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 42,400 shares of the real estate investment trust’s stock after selling 14,049 shares during the quarter. Bessemer Group Inc.’s holdings in Getty Realty were worth $1,152,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Eqis Capital Management Inc. lifted its position in shares of Getty Realty by 13.1% during the 4th quarter. Eqis Capital Management Inc. now owns 29,455 shares of the real estate investment trust’s stock worth $800,000 after buying an additional 3,402 shares in the last quarter. RMR Advisors LLC bought a new position in shares of Getty Realty during the 4th quarter worth approximately $815,000. Bowling Portfolio Management LLC lifted its position in shares of Getty Realty by 108.6% during the 4th quarter. Bowling Portfolio Management LLC now owns 37,152 shares of the real estate investment trust’s stock worth $1,009,000 after buying an additional 19,341 shares in the last quarter. Ingalls & Snyder LLC bought a new position in shares of Getty Realty during the 4th quarter worth approximately $13,761,000. Finally, Schwab Charles Investment Management Inc. lifted its position in shares of Getty Realty by 11.9% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 159,401 shares of the real estate investment trust’s stock worth $4,330,000 after buying an additional 16,937 shares in the last quarter. 62.57% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Getty Realty Corp. (NYSE:GTY) opened at $22.69 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.37 and a current ratio of 1.37. Getty Realty Corp. has a one year low of $22.68 and a one year high of $29.89. The stock has a market cap of $898.75, a P/E ratio of 19.56, a PEG ratio of 5.34 and a beta of 0.46.

Several equities analysts have commented on GTY shares. KeyCorp started coverage on shares of Getty Realty in a research report on Tuesday, December 12th. They set a “sector weight” rating on the stock. Zacks Investment Research upgraded shares of Getty Realty from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Finally, ValuEngine lowered shares of Getty Realty from a “buy” rating to a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $28.75.

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About Getty Realty

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.

Want to see what other hedge funds are holding GTY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Getty Realty Corp. (NYSE:GTY).

Institutional Ownership by Quarter for Getty Realty (NYSE:GTY)

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