BlackRock Inc. grew its stake in Consolidated-Tomoka Land Co. (NYSEAMERICAN:CTO) by 0.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 328,743 shares of the financial services provider’s stock after buying an additional 1,375 shares during the quarter. BlackRock Inc. owned 5.89% of Consolidated-Tomoka Land worth $20,875,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in CTO. Wells Fargo & Company MN boosted its holdings in Consolidated-Tomoka Land by 4.5% during the fourth quarter. Wells Fargo & Company MN now owns 59,251 shares of the financial services provider’s stock worth $3,762,000 after purchasing an additional 2,552 shares during the last quarter. Mraz Amerine & Associates Inc. boosted its holdings in Consolidated-Tomoka Land by 25.6% during the fourth quarter. Mraz Amerine & Associates Inc. now owns 43,420 shares of the financial services provider’s stock worth $2,247,000 after purchasing an additional 8,845 shares during the last quarter. Boston Partners acquired a new position in Consolidated-Tomoka Land during the fourth quarter worth $1,112,000. Bessemer Group Inc. acquired a new position in Consolidated-Tomoka Land during the fourth quarter worth $330,000. Finally, Acadian Asset Management LLC boosted its holdings in Consolidated-Tomoka Land by 396.3% during the fourth quarter. Acadian Asset Management LLC now owns 1,628 shares of the financial services provider’s stock worth $104,000 after purchasing an additional 1,300 shares during the last quarter.

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Shares of CTO opened at $59.32 on Tuesday. Consolidated-Tomoka Land Co. has a fifty-two week low of $50.51 and a fifty-two week high of $67.97.

Consolidated-Tomoka Land (NYSEAMERICAN:CTO) last issued its quarterly earnings data on Wednesday, February 7th. The financial services provider reported $0.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.13). Consolidated-Tomoka Land had a net margin of 12.17% and a return on equity of 4.97%. The company had revenue of $17.48 million during the quarter, compared to the consensus estimate of $16.16 million.

CTO has been the topic of several analyst reports. Zacks Investment Research raised shares of Consolidated-Tomoka Land from a “hold” rating to a “buy” rating and set a $73.00 price target on the stock in a research report on Monday, January 8th. B. Riley reaffirmed a “buy” rating and set a $82.00 price target (up from $80.00) on shares of Consolidated-Tomoka Land in a research report on Tuesday, January 9th.

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Consolidated-Tomoka Land Company Profile

Consolidated-Tomoka Land Co, together with its subsidiaries, operates as a diversified real estate operating company in the United States. The company operates through four segments: Income Properties, Commercial Loan Investments, Real Estate Operations, and Golf Operations. It owns and manages commercial real estate properties.

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Institutional Ownership by Quarter for Consolidated-Tomoka Land (NYSEAMERICAN:CTO)

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