Public Employees Retirement System of Ohio Purchases Shares of 57,644 CTO Realty Growth, Inc. $CTO

Public Employees Retirement System of Ohio purchased a new stake in CTO Realty Growth, Inc. (NYSE:CTO) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 57,644 shares of the company’s stock, valued at approximately $1,240,000.

Other large investors also recently made changes to their positions in the company. Intech Investment Management LLC raised its holdings in shares of CTO Realty Growth by 8.8% during the fourth quarter. Intech Investment Management LLC now owns 11,902 shares of the company’s stock worth $219,000 after acquiring an additional 958 shares during the period. Sei Investments Co. boosted its stake in CTO Realty Growth by 8.3% in the 3rd quarter. Sei Investments Co. now owns 13,436 shares of the company’s stock worth $219,000 after purchasing an additional 1,032 shares during the period. Kennedy Capital Management LLC increased its holdings in CTO Realty Growth by 0.3% during the 4th quarter. Kennedy Capital Management LLC now owns 326,556 shares of the company’s stock worth $6,012,000 after purchasing an additional 1,069 shares in the last quarter. Creative Planning increased its holdings in CTO Realty Growth by 9.6% during the 3rd quarter. Creative Planning now owns 12,690 shares of the company’s stock worth $207,000 after purchasing an additional 1,107 shares in the last quarter. Finally, 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 purchasing an additional 1,245 shares during the period. Institutional investors own 67.18% of the company’s stock.

CTO Realty Growth Stock Performance

Shares of CTO opened at $21.47 on Wednesday. The firm has a 50-day moving average of $21.76 and a 200-day moving average of $20.53. CTO Realty Growth, Inc. has a one year low of $15.06 and a one year high of $22.71. The company has a market cap of $804.77 million, a PE ratio of 15.79 and a beta of 0.60. The company has a debt-to-equity ratio of 0.99, a current ratio of 8.69 and a quick ratio of 8.69.

CTO Realty Growth (NYSE:CTO) last issued its earnings results on Tuesday, July 28th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.28. CTO Realty Growth had a net margin of 32.63% and a return on equity of 8.90%. The company had revenue of $43.83 million for the quarter, compared to analysts’ expectations of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. As a group, equities analysts forecast that CTO Realty Growth, Inc. will post 2.12 earnings per share for the current year.

CTO Realty Growth Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th will be paid a $0.38 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.52 annualized dividend and a yield of 7.1%. CTO Realty Growth’s dividend payout ratio is currently 111.76%.

Analyst Ratings Changes

A number of analysts have recently commented on CTO shares. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a report on Wednesday, July 29th. Cantor Fitzgerald lifted their target price on CTO Realty Growth from $23.00 to $25.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Zacks Research cut CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 31st. JonesTrading raised their price target on shares of CTO Realty Growth from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings upgraded shares of CTO Realty Growth from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $24.50.

CTO Realty Growth Company Profile

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.