Pasadena Private Wealth LLC Takes $454,000 Position in CTO Realty Growth, Inc. $CTO

Pasadena Private Wealth LLC bought a new stake in CTO Realty Growth, Inc. (NYSE:CTO) in the fourth quarter, HoldingsChannel reports. The firm bought 24,678 shares of the company’s stock, valued at approximately $454,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in CTO. SummitTX Capital L.P. purchased a new position in shares of CTO Realty Growth in the 3rd quarter valued at approximately $3,016,000. Crossingbridge Advisors LLC lifted its stake in shares of CTO Realty Growth by 154.4% in the 3rd quarter. Crossingbridge Advisors LLC now owns 268,079 shares of the company’s stock valued at $4,273,000 after purchasing an additional 162,689 shares during the period. Invesco Ltd. lifted its stake in shares of CTO Realty Growth by 27.1% in the 3rd quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock valued at $10,828,000 after purchasing an additional 141,574 shares during the period. Prevail Innovative Wealth Advisors LLC lifted its stake in shares of CTO Realty Growth by 40.4% in the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 360,108 shares of the company’s stock valued at $5,870,000 after purchasing an additional 103,648 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of CTO Realty Growth by 3.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,139,307 shares of the company’s stock valued at $51,171,000 after purchasing an additional 102,630 shares during the period. Hedge funds and other institutional investors own 67.18% of the company’s stock.

Analyst Ratings Changes

CTO has been the subject of a number of research analyst reports. Cantor Fitzgerald raised their target price on CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, April 29th. JonesTrading boosted their price objective on shares of CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, 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. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, CTO Realty Growth has a consensus rating of “Moderate Buy” and an average target price of $23.00.

CTO Realty Growth Trading Up 0.5%

NYSE:CTO opened at $20.75 on Friday. CTO Realty Growth, Inc. has a one year low of $15.06 and a one year high of $20.90. The company has a debt-to-equity ratio of 1.13, a current ratio of 3.95 and a quick ratio of 3.95. The company’s 50-day simple moving average is $19.61 and its 200 day simple moving average is $18.78. The firm has a market capitalization of $701.00 million, a P/E ratio of 98.82 and a beta of 0.62.

CTO Realty Growth (NYSE:CTO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.13 EPS 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 business had revenue of $41.17 million for the quarter, compared to analyst estimates of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. As a group, analysts forecast that CTO Realty Growth, Inc. will post 2.01 EPS for the current fiscal year.

CTO Realty Growth Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is currently 723.81%.

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.