Pinnacle Wealth Management Advisory Group LLC Takes Position in CTO Realty Growth, Inc. $CTO

Pinnacle Wealth Management Advisory Group LLC purchased a new stake in CTO Realty Growth, Inc. (NYSE:CTO) during the fourth quarter, Holdings Channel reports. The fund purchased 25,570 shares of the company’s stock, valued at approximately $471,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. CIBC Private Wealth Group LLC purchased a new stake in shares of CTO Realty Growth in the 3rd quarter valued at approximately $37,000. Signaturefd LLC raised its stake in shares of CTO Realty Growth by 200.1% in the 4th quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock valued at $44,000 after acquiring an additional 1,599 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of 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 during the period. SG Americas Securities LLC purchased a new stake in shares of CTO Realty Growth in the 4th quarter valued at approximately $112,000. Finally, Wedbush Securities Inc. purchased a new stake in shares of CTO Realty Growth in the 3rd quarter valued at approximately $164,000. 67.18% of the stock is owned by hedge funds and other institutional investors.

CTO Realty Growth Price Performance

Shares of CTO opened at $20.55 on Wednesday. CTO Realty Growth, Inc. has a fifty-two week low of $15.06 and a fifty-two week high of $20.67. The firm’s 50 day moving average price is $19.28 and its 200 day moving average price is $18.31. The company has a market cap of $694.36 million, a P/E ratio of 97.88 and a beta of 0.62. The company has a quick ratio of 3.95, a current ratio of 3.95 and a debt-to-equity ratio of 1.13.

CTO Realty Growth (NYSE:CTO) last announced its earnings results on Tuesday, April 28th. The company reported $0.13 earnings per share 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 firm 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. On average, research analysts forecast that CTO Realty Growth, Inc. will post 2.01 earnings per share for the current fiscal year.

CTO Realty Growth Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 12th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend was Thursday, March 12th. CTO Realty Growth’s dividend payout ratio is presently 723.81%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CTO. Weiss Ratings raised shares of CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. JonesTrading boosted their price target on shares of CTO Realty Growth from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Cantor Fitzgerald upped their target price on shares of CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, CTO Realty Growth presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.67.

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.