Values Added Financial LLC Raises Stock Holdings in CTO Realty Growth, Inc. (NYSE:CTO)

Values Added Financial LLC grew its stake in shares of CTO Realty Growth, Inc. (NYSE:CTO) by 52.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,250 shares of the company’s stock after acquiring an additional 5,250 shares during the quarter. Values Added Financial LLC owned about 0.05% of CTO Realty Growth worth $301,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in CTO. Signaturefd LLC grew its holdings in shares of CTO Realty Growth by 45.4% in the third quarter. Signaturefd LLC now owns 1,785 shares of the company’s stock worth $34,000 after acquiring an additional 557 shares during the period. Copeland Capital Management LLC bought a new stake in shares of CTO Realty Growth during the 3rd quarter valued at about $49,000. Point72 DIFC Ltd purchased a new stake in shares of CTO Realty Growth during the 3rd quarter valued at about $94,000. CWM LLC lifted its stake in shares of CTO Realty Growth by 65.6% in the 3rd quarter. CWM LLC now owns 7,497 shares of the company’s stock worth $143,000 after purchasing an additional 2,970 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of CTO Realty Growth in the 3rd quarter worth approximately $176,000. 67.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CTO has been the subject of several recent research reports. Raymond James upgraded shares of CTO Realty Growth from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $22.00 to $24.00 in a research report on Wednesday, October 30th. StockNews.com lowered CTO Realty Growth from a “hold” rating to a “sell” rating in a research note on Monday, October 28th.

CTO Realty Growth Price Performance

NYSE CTO opened at $20.68 on Friday. The company has a current ratio of 3.96, a quick ratio of 3.96 and a debt-to-equity ratio of 0.88. CTO Realty Growth, Inc. has a 12 month low of $16.16 and a 12 month high of $21.15. The stock has a market cap of $620.02 million, a price-to-earnings ratio of 35.05 and a beta of 0.78. The company’s 50 day moving average is $19.77 and its two-hundred day moving average is $19.56.

CTO Realty Growth Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th were given a dividend of $0.38 per share. The ex-dividend date was Thursday, December 12th. This represents a $1.52 annualized dividend and a dividend yield of 7.35%. CTO Realty Growth’s payout ratio is 257.63%.

CTO Realty Growth Company Profile

CTO Realty Growth, Inc is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc (NYSE: PINE), a publicly traded net lease REIT.