Ieq Capital LLC acquired a new position in CTO Realty Growth, Inc. (NYSE:CTO – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 34,834 shares of the company’s stock, valued at approximately $749,000.
Several other large investors also recently made changes to their positions in CTO. Clearstead Advisors LLC raised its holdings in shares of CTO Realty Growth by 231.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock valued at $33,000 after buying an additional 1,250 shares during the last quarter. CIBC Private Wealth Group LLC bought a new stake in CTO Realty Growth during the 3rd quarter worth about $37,000. Tower Research Capital LLC TRC increased its position in CTO Realty Growth by 51.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock valued at $63,000 after acquiring an additional 1,245 shares in the last quarter. Virtus Advisers LLC acquired a new stake in CTO Realty Growth in the 2nd quarter valued at about $120,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of CTO Realty Growth by 127.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,080 shares of the company’s stock worth $130,000 after acquiring an additional 3,974 shares during the last quarter. Institutional investors own 67.18% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on CTO. Zacks Research upgraded shares of CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Raymond James Financial restated a “strong-buy” rating and issued a $25.00 price objective on shares of CTO Realty Growth in a research report on Monday, June 29th. Cantor Fitzgerald upped their price objective on CTO Realty Growth from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. JonesTrading increased their price objective on CTO Realty Growth from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $24.50.
CTO Realty Growth Stock Performance
Shares of CTO Realty Growth stock opened at $21.46 on Friday. The firm has a fifty day moving average of $21.72 and a two-hundred day moving average of $20.38. The company has a debt-to-equity ratio of 0.99, a quick ratio of 8.69 and a current ratio of 8.69. The stock has a market capitalization of $804.65 million, a price-to-earnings ratio of 15.78 and a beta of 0.60. CTO Realty Growth, Inc. has a 52 week low of $15.06 and a 52 week high of $22.71.
CTO Realty Growth (NYSE:CTO – Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.28. CTO Realty Growth had a return on equity of 8.90% and a net margin of 32.63%.The firm had revenue of $43.83 million for the quarter, compared to analyst estimates of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. As a group, equities research analysts predict that CTO Realty Growth, Inc. will post 2.12 EPS for the current year.
CTO Realty Growth Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 10th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Thursday, September 10th. CTO Realty Growth’s dividend payout ratio (DPR) is currently 111.76%.
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.
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