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

Public Employees Retirement System of Ohio acquired a new position in shares of CTO Realty Growth, Inc. (NYSE:CTO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 57,644 shares of the company’s stock, valued at approximately $1,240,000. Public Employees Retirement System of Ohio owned about 0.15% of CTO Realty Growth at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of CTO Realty Growth during the 2nd quarter worth approximately $77,576,000. Miller Value Partners LLC bought a new position in CTO Realty Growth in the second quarter valued at approximately $11,613,000. Man Group plc bought a new position in CTO Realty Growth in the second quarter valued at approximately $8,160,000. SummitTX Capital L.P. acquired a new stake in CTO Realty Growth during the 3rd quarter worth $3,016,000. Finally, Bank of New York Mellon Corp acquired a new stake in CTO Realty Growth during the 2nd quarter worth $3,691,000. 67.18% of the stock is currently owned by institutional investors and hedge funds.

CTO Realty Growth Trading Down 0.1%

CTO opened at $21.47 on Wednesday. The firm’s fifty day moving average is $21.76 and its two-hundred day moving average is $20.53. The firm has a market cap of $804.77 million, a PE ratio of 15.79 and a beta of 0.60. CTO Realty Growth, Inc. has a twelve month low of $15.06 and a twelve month high of $22.71. The company has a debt-to-equity ratio of 0.99, a quick ratio of 8.69 and a current ratio of 8.69.

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

CTO Realty Growth Dividend Announcement

The firm also recently declared 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. This represents a $1.52 annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Thursday, September 10th. CTO Realty Growth’s dividend payout ratio is 111.76%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on CTO shares. Huntington assumed coverage on CTO Realty Growth in a research note on Tuesday, August 11th. They issued an “outperform” rating and a $24.00 price target on the stock. Raymond James Financial reaffirmed a “strong-buy” rating and set a $25.00 price objective on shares of CTO Realty Growth in a research note on Monday, June 29th. Weiss Ratings raised CTO Realty Growth from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, August 7th. JonesTrading raised their target price on CTO Realty Growth from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $24.50.

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.