Pasadena Private Wealth LLC Makes New Investment in CTO Realty Growth, Inc. $CTO

Pasadena Private Wealth LLC bought a new position in CTO Realty Growth, Inc. (NYSE:CTO) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 24,678 shares of the company’s stock, valued at approximately $454,000. Pasadena Private Wealth LLC owned approximately 0.08% of CTO Realty Growth at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Crossingbridge Advisors LLC increased its stake in CTO Realty Growth by 154.4% in the 3rd quarter. Crossingbridge Advisors LLC now owns 268,079 shares of the company’s stock worth $4,273,000 after acquiring an additional 162,689 shares during the last quarter. Prevail Innovative Wealth Advisors LLC increased its stake in CTO Realty Growth by 40.4% in the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 360,108 shares of the company’s stock worth $5,870,000 after acquiring an additional 103,648 shares during the last quarter. Ingalls & Snyder LLC raised its position in shares of CTO Realty Growth by 20.3% during the 3rd quarter. Ingalls & Snyder LLC now owns 474,272 shares of the company’s stock valued at $7,731,000 after buying an additional 79,960 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC purchased a new stake in shares of CTO Realty Growth during the 4th quarter valued at $471,000. Finally, State of New Jersey Common Pension Fund D raised its position in shares of CTO Realty Growth by 16.1% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 289,068 shares of the company’s stock valued at $5,322,000 after buying an additional 40,000 shares in the last quarter. 67.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

CTO Realty Growth Price Performance

CTO stock opened at $20.75 on Friday. The firm’s 50-day moving average price is $19.61 and its two-hundred day moving average price is $18.78. CTO Realty Growth, Inc. has a 12-month low of $15.06 and a 12-month high of $20.90. The stock has a market capitalization of $701.00 million, a price-to-earnings ratio of 98.82 and a beta of 0.62. 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 (NYSE:CTO) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $41.17 million for the quarter, compared to analysts’ expectations 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 earnings per share for the current year.

CTO Realty Growth Announces Dividend

The business 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. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.3%. CTO Realty Growth’s payout ratio is presently 723.81%.

About CTO Realty Growth

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.