25,025 Shares in CTO Realty Growth, Inc. $CTO Bought by State of Wyoming

State of Wyoming bought a new stake in shares of CTO Realty Growth, Inc. (NYSE:CTO) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 25,025 shares of the company’s stock, valued at approximately $538,000.

A number of other hedge funds have also recently bought and sold shares of the stock. SummitTX Capital L.P. acquired a new stake in CTO Realty Growth in the 3rd quarter worth $3,016,000. Invesco Ltd. lifted its stake in shares of CTO Realty Growth by 27.1% in the third quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock valued at $10,828,000 after buying an additional 141,574 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in shares of CTO Realty Growth in the first quarter valued at about $1,953,000. Vanguard Group Inc. grew its position in CTO Realty Growth by 3.4% during the third quarter. Vanguard Group Inc. now owns 3,139,307 shares of the company’s stock worth $51,171,000 after buying an additional 102,630 shares in the last quarter. Finally, FJ Capital Management LLC acquired a new stake in CTO Realty Growth during the fourth quarter worth about $1,652,000. 67.18% of the stock is owned by institutional investors.

CTO Realty Growth Stock Down 0.5%

Shares of CTO opened at $21.90 on Tuesday. The company has a quick ratio of 8.69, a current ratio of 8.69 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average price of $21.55 and a two-hundred day moving average price of $20.16. The stock has a market cap of $821.03 million, a price-to-earnings ratio of 16.10 and a beta of 0.60. CTO Realty Growth, Inc. has a 12 month low of $15.06 and a 12 month high of $22.71.

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, topping 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 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. Equities analysts predict that CTO Realty Growth, Inc. will post 2.1 EPS for the current fiscal year.

CTO Realty Growth Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 6.9%. The ex-dividend date was Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is currently 111.76%.

Wall Street Analyst Weigh In

Several research firms have commented on CTO. Huntington started coverage on CTO Realty Growth in a report on Tuesday, August 11th. They issued an “outperform” rating and a $24.00 price target for the company. Raymond James Financial reissued a “strong-buy” rating and set a $25.00 price objective on shares of CTO Realty Growth in a report on Monday, June 29th. Alliance Global Partners restated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. JonesTrading raised their target price on CTO Realty Growth from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Cantor Fitzgerald lifted their price target on shares of CTO Realty Growth from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $24.50.

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.