FJ Capital Management LLC Buys Shares of 89,709 CTO Realty Growth, Inc. $CTO

FJ Capital Management LLC bought a new position in shares of CTO Realty Growth, Inc. (NYSE:CTOFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 89,709 shares of the company’s stock, valued at approximately $1,652,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CTO. Vanguard Group Inc. boosted its holdings in CTO Realty Growth by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 3,166,067 shares of the company’s stock valued at $58,287,000 after acquiring an additional 26,760 shares during the period. Geode Capital Management LLC boosted its stake in shares of CTO Realty Growth by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 814,270 shares of the company’s stock valued at $14,994,000 after purchasing an additional 13,592 shares during the period. Invesco Ltd. grew its holdings in shares of CTO Realty Growth by 27.1% in the third quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock valued at $10,828,000 after purchasing an additional 141,574 shares in the last quarter. Ingalls & Snyder LLC increased its stake in CTO Realty Growth by 20.3% during the 3rd quarter. Ingalls & Snyder LLC now owns 474,272 shares of the company’s stock worth $7,731,000 after buying an additional 79,960 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in CTO Realty Growth by 2.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 418,757 shares of the company’s stock worth $7,709,000 after buying an additional 11,269 shares during the period. 67.18% of the stock is owned by hedge funds and other institutional investors.

CTO Realty Growth Stock Performance

Shares of CTO opened at $20.91 on Friday. The firm has a market cap of $706.17 million, a PE ratio of 99.55 and a beta of 0.62. The company’s 50 day simple moving average is $20.07 and its 200-day simple moving average is $19.02. The company has a current ratio of 3.95, a quick ratio of 3.95 and a debt-to-equity ratio of 1.13. CTO Realty Growth, Inc. has a 12-month low of $15.06 and a 12-month high of $21.08.

CTO Realty Growth (NYSE:CTOGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.11. CTO Realty Growth had a net margin of 9.06% and a return on equity of 2.47%. The company had revenue of $41.17 million for the quarter, compared to the consensus estimate of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. As a group, equities analysts predict that CTO Realty Growth, Inc. will post 2.01 EPS for the current year.

CTO Realty Growth Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend is Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is 723.81%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, April 29th. Cantor Fitzgerald lifted their target price on CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Weiss Ratings upgraded CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Finally, JonesTrading lifted their price objective on CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, CTO Realty Growth has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

Check Out Our Latest Stock Analysis on CTO

About CTO Realty Growth

(Free Report)

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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Institutional Ownership by Quarter for CTO Realty Growth (NYSE:CTO)

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