Mutual of America Capital Management LLC lowered its position in CTO Realty Growth, Inc. (NYSE:CTO – Get Rating) by 1.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,139 shares of the company’s stock after selling 686 shares during the period. Mutual of America Capital Management LLC owned about 0.20% of CTO Realty Growth worth $2,270,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in CTO. Grace & White Inc. NY boosted its position in CTO Realty Growth by 214.0% during the second quarter. Grace & White Inc. NY now owns 414,138 shares of the company’s stock worth $8,437,000 after purchasing an additional 282,253 shares during the period. Vanguard Group Inc. boosted its position in shares of CTO Realty Growth by 2.6% in the first quarter. Vanguard Group Inc. now owns 285,540 shares of the company’s stock valued at $18,937,000 after acquiring an additional 7,363 shares during the period. State Street Corp boosted its position in shares of CTO Realty Growth by 36.9% in the first quarter. State Street Corp now owns 163,201 shares of the company’s stock valued at $10,823,000 after acquiring an additional 43,961 shares during the period. Brown Advisory Inc. boosted its position in shares of CTO Realty Growth by 2.5% in the first quarter. Brown Advisory Inc. now owns 128,192 shares of the company’s stock valued at $8,502,000 after acquiring an additional 3,102 shares during the period. Finally, LSV Asset Management boosted its position in shares of CTO Realty Growth by 166.6% in the first quarter. LSV Asset Management now owns 81,455 shares of the company’s stock valued at $5,402,000 after acquiring an additional 50,903 shares during the period. Hedge funds and other institutional investors own 20.86% of the company’s stock.
In other CTO Realty Growth news, major shareholder Cto Realty Growth, Inc. bought 1,750 shares of the company’s stock in a transaction dated Wednesday, September 14th. The shares were purchased at an average price of $17.84 per share, for a total transaction of $31,220.00. Following the acquisition, the insider now owns 934,824 shares in the company, valued at approximately $16,677,260.16. The purchase was disclosed in a filing with the SEC, which is available at this link. In the last 90 days, insiders have acquired 31,900 shares of company stock worth $537,832. Corporate insiders own 5.20% of the company’s stock.
Wall Street Analysts Forecast Growth
CTO Realty Growth Stock Performance
NYSE:CTO opened at $20.35 on Thursday. The stock has a market cap of $382.58 million, a P/E ratio of 115.19 and a beta of 0.77. The firm’s fifty day simple moving average is $19.41 and its 200 day simple moving average is $31.74. CTO Realty Growth, Inc. has a twelve month low of $17.18 and a twelve month high of $23.07. The company has a quick ratio of 4.82, a current ratio of 4.82 and a debt-to-equity ratio of 0.83.
CTO Realty Growth Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Monday, December 12th will be issued a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 7.47%. The ex-dividend date of this dividend is Friday, December 9th. CTO Realty Growth’s dividend payout ratio (DPR) is currently 860.41%.
About CTO Realty Growth
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).
- Get a free copy of the StockNews.com research report on CTO Realty Growth (CTO)
- Institutional Support for Analog Devices Remains High
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
- Is the 60/40 Portfolio Mix Still in Vogue?
- Microsoft Shares: Is it Time to Back Up the Truck?
- Three CBD Stocks to Dominate a Budding Industry
Receive News & Ratings for CTO Realty Growth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CTO Realty Growth and related companies with MarketBeat.com's FREE daily email newsletter.