CTO Realty Growth, Inc. (NYSE:CTO) Major Shareholder Purchases $31,194.00 in Stock

CTO Realty Growth, Inc. (NYSE:CTOGet Rating) major shareholder Cto Realty Growth, Inc. acquired 1,800 shares of the business’s stock in a transaction on Thursday, September 22nd. The shares were bought at an average price of $17.33 per share, for a total transaction of $31,194.00. Following the acquisition, the insider now owns 5,400 shares in the company, valued at approximately $93,582. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Cto Realty Growth, Inc. also recently made the following trade(s):

  • On Tuesday, September 20th, Cto Realty Growth, Inc. purchased 1,800 shares of CTO Realty Growth stock. The stock was purchased at an average cost of $17.88 per share, with a total value of $32,184.00.
  • On Wednesday, September 14th, Cto Realty Growth, Inc. bought 1,750 shares of CTO Realty Growth stock. The shares were bought at an average cost of $17.84 per share, with a total value of $31,220.00.
  • On Monday, July 18th, Cto Realty Growth, Inc. acquired 43 shares of CTO Realty Growth stock. The stock was acquired at an average cost of $17.46 per share, with a total value of $750.78.
  • On Friday, July 15th, Cto Realty Growth, Inc. acquired 522 shares of CTO Realty Growth stock. The stock was acquired at an average cost of $17.31 per share, with a total value of $9,035.82.
  • On Wednesday, July 13th, Cto Realty Growth, Inc. bought 715 shares of CTO Realty Growth stock. The stock was acquired at an average cost of $17.43 per share, for a total transaction of $12,462.45.
  • On Monday, July 11th, Cto Realty Growth, Inc. purchased 514 shares of CTO Realty Growth stock. The stock was purchased at an average price of $17.33 per share, for a total transaction of $8,907.62.
  • On Thursday, July 7th, Cto Realty Growth, Inc. purchased 755 shares of CTO Realty Growth stock. The stock was purchased at an average price of $17.56 per share, with a total value of $13,257.80.
  • On Tuesday, July 5th, Cto Realty Growth, Inc. purchased 1,341 shares of CTO Realty Growth stock. The stock was acquired at an average cost of $17.83 per share, for a total transaction of $23,910.03.
  • On Thursday, June 30th, Cto Realty Growth, Inc. purchased 184 shares of CTO Realty Growth stock. The shares were bought at an average price of $17.74 per share, with a total value of $3,264.16.
  • On Tuesday, June 28th, Cto Realty Growth, Inc. acquired 109 shares of CTO Realty Growth stock. The stock was acquired at an average price of $17.78 per share, with a total value of $1,938.02.

CTO Realty Growth Stock Down 1.4 %

Shares of CTO Realty Growth stock traded down $0.28 during trading on Thursday, hitting $19.54. The company’s stock had a trading volume of 131,553 shares, compared to its average volume of 114,310. The company has a debt-to-equity ratio of 0.80, a quick ratio of 6.05 and a current ratio of 6.05. The company has a fifty day simple moving average of $21.19 and a two-hundred day simple moving average of $45.42. The company has a market capitalization of $357.91 million, a PE ratio of 15.31 and a beta of 0.75. CTO Realty Growth, Inc. has a 52 week low of $17.57 and a 52 week high of $23.07.

CTO Realty Growth Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Monday, September 12th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 7.78%. This is a positive change from CTO Realty Growth’s previous quarterly dividend of $0.37. The ex-dividend date is Friday, September 9th. CTO Realty Growth’s dividend payout ratio (DPR) is presently 119.06%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. EF Hutton Acquisition Corp I upped their target price on shares of CTO Realty Growth from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Monday, August 1st. StockNews.com raised shares of CTO Realty Growth from a “sell” rating to a “hold” rating in a research report on Thursday, September 15th. BTIG Research set a $24.00 price target on shares of CTO Realty Growth in a research report on Tuesday, July 19th. Raymond James began coverage on shares of CTO Realty Growth in a research report on Friday, June 17th. They set an “outperform” rating and a $23.00 price target for the company. Finally, TheStreet raised shares of CTO Realty Growth from a “c” rating to a “b-” rating in a research report on Friday, August 19th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, CTO Realty Growth currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.40.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Grace & White Inc. NY increased its stake in shares of CTO Realty Growth by 214.0% in the 2nd quarter. Grace & White Inc. NY now owns 414,138 shares of the company’s stock worth $8,437,000 after acquiring an additional 282,253 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of CTO Realty Growth by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 285,540 shares of the company’s stock worth $18,937,000 after acquiring an additional 7,363 shares in the last quarter. State Street Corp increased its stake in CTO Realty Growth by 36.9% during the 1st quarter. State Street Corp now owns 163,201 shares of the company’s stock valued at $10,823,000 after purchasing an additional 43,961 shares in the last quarter. Brown Advisory Inc. raised its holdings in CTO Realty Growth by 2.5% in the first quarter. Brown Advisory Inc. now owns 128,192 shares of the company’s stock worth $8,502,000 after buying an additional 3,102 shares during the last quarter. Finally, LSV Asset Management grew its holdings in shares of CTO Realty Growth by 166.6% during the first quarter. LSV Asset Management now owns 81,455 shares of the company’s stock valued at $5,402,000 after buying an additional 50,903 shares during the last quarter. 20.86% of the stock is currently owned by institutional investors.

CTO Realty Growth Company Profile

(Get Rating)

CTO Realty Growth, Inc is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States and an approximately 23.5% interest in Alpine Income Property Trust, Inc, a publicly traded net lease real estate investment trust (NYSE: PINE).

See Also

Insider Buying and Selling by Quarter for CTO Realty Growth (NYSE:CTO)

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