Wintergreen Advisers, Llc Buys 10,000 Shares of Consolidated-Tomoka Land Co. (CTO) Stock
Consolidated-Tomoka Land Co. (NYSEMKT:CTO) major shareholder Wintergreen Advisers, Llc acquired 10,000 shares of the firm’s stock in a transaction on Thursday, November 10th. The stock was acquired at an average cost of $52.25 per share, with a total value of $522,500.00. The purchase was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of Consolidated-Tomoka Land Co. (NYSEMKT:CTO) opened at 54.30 on Wednesday. The firm has a 50-day moving average price of $50.57 and a 200-day moving average price of $49.35. The company has a market capitalization of $311.63 million, a PE ratio of 18.47 and a beta of 1.16. Consolidated-Tomoka Land Co. has a 1-year low of $42.53 and a 1-year high of $60.09.
Consolidated-Tomoka Land (NYSEMKT:CTO) last issued its quarterly earnings results on Wednesday, October 19th. The company reported $1.44 EPS for the quarter. The business had revenue of $12.20 million for the quarter, compared to analyst estimates of $8.30 million.
The company also recently disclosed a semiannual dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Thursday, November 10th will be given a dividend of $0.04 per share. This represents a dividend yield of 0.16%. The ex-dividend date of this dividend is Tuesday, November 8th. Consolidated-Tomoka Land’s dividend payout ratio is presently 4.28%.
Consolidated-Tomoka Land Company Profile
Consolidated-Tomoka Land Co is a real estate operating company. The Company owns and manages over 40 commercial real estate properties in approximately 10 states in the United States. The Company’s segments include Income Properties, Commercial Loan Investments, Real Estate Operations, Golf Operations, and Agriculture and Other.
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