Los Angeles Capital Management LLC grew its position in shares of CTO Realty Growth, Inc. (NYSEAMERICAN:CTO) by 26.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,600 shares of the financial services provider’s stock after buying an additional 1,572 shares during the quarter. Los Angeles Capital Management LLC owned 0.16% of CTO Realty Growth worth $320,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Strs Ohio bought a new stake in shares of CTO Realty Growth in the 4th quarter worth approximately $46,000. Citigroup Inc. raised its holdings in shares of CTO Realty Growth by 440.0% in the 4th quarter. Citigroup Inc. now owns 1,215 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 990 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. bought a new stake in shares of CTO Realty Growth in the 4th quarter worth approximately $66,000. Cove Street Capital LLC bought a new stake in shares of CTO Realty Growth in the 4th quarter worth approximately $118,000. Finally, American International Group Inc. raised its holdings in shares of CTO Realty Growth by 27.8% in the 4th quarter. American International Group Inc. now owns 3,562 shares of the financial services provider’s stock worth $150,000 after purchasing an additional 774 shares during the period. 68.01% of the stock is currently owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research cut shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a report on Tuesday.

CTO opened at $52.66 on Wednesday. The firm’s fifty day moving average price is $41.51. The stock has a market cap of $313.80 million, a price-to-earnings ratio of 2.66 and a beta of 0.81. The company has a debt-to-equity ratio of 0.99, a current ratio of 4.25 and a quick ratio of 4.25. CTO Realty Growth, Inc. has a one year low of $33.41 and a one year high of $56.90.

CTO Realty Growth (NYSEAMERICAN:CTO) last released its quarterly earnings results on Thursday, February 18th. The financial services provider reported $18.06 EPS for the quarter, beating analysts’ consensus estimates of $16.36 by $1.70. The firm had revenue of $15.96 million during the quarter, compared to analyst estimates of $14.30 million. CTO Realty Growth had a net margin of 181.83% and a return on equity of 37.94%. Research analysts forecast that CTO Realty Growth, Inc. will post 9.21 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 31st. Stockholders of record on Monday, March 22nd were given a dividend of $1.00 per share. The ex-dividend date was Friday, March 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 7.60%. CTO Realty Growth’s dividend payout ratio (DPR) is currently 17.39%.

About CTO Realty Growth

CTO Realty Growth, Inc is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States and an approximately 23.5% interest in Alpine Income Property Trust, Inc, a publicly traded net lease real estate investment trust (NYSE: PINE).

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

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