A number of other brokerages have also issued reports on CTO. EF Hutton Acquisition Corp I boosted their target price on shares of CTO Realty Growth from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Monday, August 1st. TheStreet raised shares of CTO Realty Growth from a “c” rating to a “b-” rating in a research note on Friday, August 19th. Raymond James began coverage on shares of CTO Realty Growth in a research note on Friday, June 17th. They set an “outperform” rating and a $23.00 target price for the company. Finally, BTIG Research set a $24.00 target price on shares of CTO Realty Growth in a research note on Tuesday, July 19th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to data from MarketBeat, CTO Realty Growth has an average rating of “Moderate Buy” and a consensus price target of $24.40.
CTO Realty Growth Stock Down 1.4 %
Shares of CTO opened at $19.54 on Friday. The firm has a market capitalization of $357.91 million, a P/E ratio of 15.31 and a beta of 0.75. CTO Realty Growth has a 12-month low of $17.57 and a 12-month high of $23.07. The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 0.80. The firm has a fifty day moving average price of $21.18 and a 200-day moving average price of $45.12.
Insider Buying and Selling
Hedge Funds Weigh In On CTO Realty Growth
Several hedge funds have recently modified their holdings of the stock. Grace & White Inc. NY boosted its position in 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 purchasing an additional 282,253 shares in the last quarter. Foundry Partners LLC acquired a new stake in shares of CTO Realty Growth in the 1st quarter worth $4,366,000. LSV Asset Management increased its position in shares of CTO Realty Growth by 166.6% during the 1st quarter. LSV Asset Management now owns 81,455 shares of the company’s stock worth $5,402,000 after purchasing an additional 50,903 shares during the last quarter. Miller Value Partners LLC acquired a new stake in shares of CTO Realty Growth during the 4th quarter worth about $3,071,000. Finally, State Street Corp increased its position in shares of CTO Realty Growth by 36.9% during the 1st quarter. State Street Corp now owns 163,201 shares of the company’s stock worth $10,823,000 after purchasing an additional 43,961 shares during the last quarter. Institutional investors and hedge funds own 20.86% of the company’s stock.
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)
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