53,239 Shares of CTO Realty Growth, Inc. $CTO Bought by Ellsworth Advisors LLC

Ellsworth Advisors LLC bought a new stake in CTO Realty Growth, Inc. (NYSE:CTO) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 53,239 shares of the company’s stock, valued at approximately $1,091,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State of Alaska Department of Revenue lifted its holdings in shares of CTO Realty Growth by 8.1% in the third quarter. State of Alaska Department of Revenue now owns 19,374 shares of the company’s stock worth $396,000 after acquiring an additional 1,456 shares during the last quarter. Triumph Capital Management boosted its stake in shares of CTO Realty Growth by 37.2% in the 3rd quarter. Triumph Capital Management now owns 3,320 shares of the company’s stock valued at $68,000 after purchasing an additional 900 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of CTO Realty Growth by 29.9% in the 3rd quarter. GAMMA Investing LLC now owns 2,868 shares of the company’s stock valued at $59,000 after purchasing an additional 660 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of CTO Realty Growth by 112.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 22,139 shares of the company’s stock valued at $476,000 after purchasing an additional 11,733 shares during the last quarter. Finally, Engineers Gate Manager LP grew its holdings in shares of CTO Realty Growth by 63.4% during the 2nd quarter. Engineers Gate Manager LP now owns 30,711 shares of the company’s stock valued at $661,000 after purchasing an additional 11,911 shares during the last quarter. Institutional investors own 67.18% of the company’s stock.

CTO Realty Growth Stock Up 0.6%

NYSE:CTO opened at $20.59 on Friday. The firm’s 50 day simple moving average is $21.09 and its 200 day simple moving average is $20.81. CTO Realty Growth, Inc. has a one year low of $15.59 and a one year high of $22.71. The company has a market cap of $771.77 million, a PE ratio of 15.14 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 quarterly earnings results on Tuesday, July 28th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.28. The firm had revenue of $43.83 million during the quarter, compared to the consensus estimate of $42.31 million. CTO Realty Growth had a return on equity of 8.90% and a net margin of 32.63%. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. On average, research analysts anticipate that CTO Realty Growth, Inc. will post 2.12 earnings per share for the current year.

CTO Realty Growth Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date was Thursday, September 10th. CTO Realty Growth’s dividend payout ratio (DPR) is currently 111.76%.

Wall Street Analysts Forecast Growth

CTO has been the subject of a number of research analyst reports. JonesTrading reiterated a “buy” rating and set a $24.00 price objective on shares of CTO Realty Growth in a research report on Thursday, October 1st. Zacks Research lowered shares of CTO Realty Growth from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, July 29th. Huntington began coverage on shares of CTO Realty Growth in a research note on Tuesday, August 11th. They set an “outperform” rating and a $24.00 target price on the stock. Finally, Weiss Ratings downgraded shares of CTO Realty Growth from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 25th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, CTO Realty Growth currently 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 self-managed real estate investment trust (REIT) that owns, manages and develops income-producing commercial real estate. The company’s portfolio is primarily composed of open-air, necessity-based retail properties and other mixed-use assets leased to national, regional and local tenants.

CTO Realty Growth focuses on properties located in attractive markets with favorable demographic and economic characteristics. Its retail centers generally serve everyday consumer needs and may be anchored by grocery stores, home improvement retailers, discount stores or other high-traffic businesses.