Mitsubishi UFJ Asset Management Co. Ltd. Takes Position in CTO Realty Growth, Inc. $CTO

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in CTO Realty Growth, Inc. (NYSE:CTO) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 26,487 shares of the company’s stock, valued at approximately $570,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CTO. Clearstead Advisors LLC raised its holdings in CTO Realty Growth by 231.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,789 shares of the company’s stock worth $33,000 after purchasing an additional 1,250 shares during the last quarter. CIBC Private Wealth Group LLC bought a new position in shares of CTO Realty Growth in the 3rd quarter valued at about $37,000. Tower Research Capital LLC TRC grew its position in shares of CTO Realty Growth by 51.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock worth $63,000 after buying an additional 1,245 shares during the period. PNC Financial Services Group Inc. grew its position in shares of CTO Realty Growth by 127.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,080 shares of the company’s stock worth $130,000 after buying an additional 3,974 shares during the period. Finally, First Trust Advisors LP bought a new stake in shares of CTO Realty Growth during the third quarter worth approximately $170,000. 67.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CTO has been the topic of several analyst reports. Raymond James Financial restated a “strong-buy” rating and issued a $25.00 price objective on shares of CTO Realty Growth in a report on Monday, June 29th. Huntington began coverage on shares of CTO Realty Growth in a report on Tuesday, August 11th. They set an “outperform” rating and a $24.00 target price for the company. Cantor Fitzgerald upped their target price on shares of 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 raised CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Finally, Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. Based on data from MarketBeat, CTO Realty Growth currently has an average rating of “Buy” and an average target price of $24.50.

CTO Realty Growth Price Performance

CTO Realty Growth stock opened at $21.87 on Friday. The firm has a market capitalization of $819.91 million, a P/E ratio of 16.08 and a beta of 0.60. CTO Realty Growth, Inc. has a 1 year low of $15.06 and a 1 year high of $22.71. The business has a 50-day moving average of $21.63 and a 200-day moving average of $20.27. The company has a current ratio of 8.69, a quick ratio of 8.69 and a debt-to-equity ratio of 0.99.

CTO Realty Growth (NYSE:CTO) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.38 earnings per share 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 business had revenue of $43.83 million for the quarter, compared to the consensus estimate of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. On average, equities analysts anticipate that CTO Realty Growth, Inc. will post 2.12 EPS for the current year.

CTO Realty Growth Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th will be issued a $0.38 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.52 annualized dividend and a yield of 7.0%. CTO Realty Growth’s dividend payout ratio (DPR) is 111.76%.

CTO Realty Growth 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.