US Bancorp DE raised its stake in CTO Realty Growth, Inc. (NYSE:CTO – Free Report) by 95.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 62,071 shares of the company’s stock after acquiring an additional 30,316 shares during the period. US Bancorp DE’s holdings in CTO Realty Growth were worth $1,012,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. M&G PLC grew its holdings in shares of CTO Realty Growth by 8.2% during the third quarter. M&G PLC now owns 12,413 shares of the company’s stock worth $199,000 after buying an additional 940 shares in the last quarter. Penserra Capital Management LLC lifted its stake in CTO Realty Growth by 1.9% in the 2nd quarter. Penserra Capital Management LLC now owns 57,499 shares of the company’s stock valued at $992,000 after acquiring an additional 1,063 shares in the last quarter. LDR Capital Management LLC boosted its position in CTO Realty Growth by 1.7% during the 3rd quarter. LDR Capital Management LLC now owns 69,766 shares of the company’s stock worth $1,137,000 after acquiring an additional 1,166 shares during the last quarter. Worth Venture Partners LLC boosted its position in CTO Realty Growth by 4.5% during the 2nd quarter. Worth Venture Partners LLC now owns 28,002 shares of the company’s stock worth $483,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in shares of CTO Realty Growth by 51.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock worth $63,000 after acquiring an additional 1,245 shares in the last quarter. 67.18% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms have recently issued reports on CTO. Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a report on Friday, February 20th. Zacks Research downgraded shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. JonesTrading reiterated a “buy” rating and issued a $21.00 price target on shares of CTO Realty Growth in a research note on Tuesday, February 24th. Weiss Ratings raised shares of CTO Realty Growth from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, February 4th. Finally, Cantor Fitzgerald upgraded shares of CTO Realty Growth to a “strong-buy” rating in a research note on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $21.00.
CTO Realty Growth Trading Up 0.7%
Shares of CTO Realty Growth stock opened at $19.75 on Friday. CTO Realty Growth, Inc. has a 12-month low of $15.06 and a 12-month high of $20.25. The stock has a market cap of $643.06 million, a P/E ratio of 219.47 and a beta of 0.59. The company has a quick ratio of 4.88, a current ratio of 4.88 and a debt-to-equity ratio of 1.09. The business’s 50 day moving average is $18.59 and its 200-day moving average is $17.52.
CTO Realty Growth (NYSE:CTO – Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.50 by $0.32. CTO Realty Growth had a return on equity of 1.76% and a net margin of 6.75%.The company had revenue of $38.34 million during the quarter, compared to the consensus estimate of $37.91 million. CTO Realty Growth has set its FY 2026 guidance at 2.110-2.160 EPS. Equities research analysts predict that CTO Realty Growth, Inc. will post 1.92 earnings per share for the current fiscal year.
CTO Realty Growth Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be paid a $0.38 dividend. The ex-dividend date is Thursday, March 12th. This represents a $1.52 dividend on an annualized basis and a yield of 7.7%. CTO Realty Growth’s dividend payout ratio (DPR) is currently 1,688.89%.
CTO Realty Growth Profile
CTO Realty Growth, Inc is a publicly traded real estate investment trust (REIT) that specializes in single-tenant net lease properties. The company’s primary focus is on acquiring, owning and managing retail assets leased to creditworthy operators under long-term, triple-net lease agreements. By targeting essential retail segments, CTO Realty Growth seeks to generate stable, inflation-protected income streams while maintaining a disciplined investment approach.
The REIT’s portfolio is concentrated in convenience store and fuel service locations, with additional assets in other retail categories where net lease structures prevail.
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