Pasadena Private Wealth LLC Invests $522,000 in CTO Realty Growth, Inc. $CTO

Pasadena Private Wealth LLC purchased a new stake in CTO Realty Growth, Inc. (NYSE:CTO) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 24,278 shares of the company’s stock, valued at approximately $522,000. Pasadena Private Wealth LLC owned 0.06% of CTO Realty Growth as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. State of Alaska Department of Revenue raised its stake in CTO Realty Growth by 3.5% during the fourth quarter. State of Alaska Department of Revenue now owns 16,953 shares of the company’s stock worth $311,000 after acquiring an additional 575 shares during the period. Intech Investment Management LLC boosted its stake in CTO Realty Growth by 8.8% in the fourth quarter. Intech Investment Management LLC now owns 11,902 shares of the company’s stock valued at $219,000 after acquiring an additional 958 shares during the period. Sei Investments Co. grew its holdings in shares of CTO Realty Growth by 8.3% during the third quarter. Sei Investments Co. now owns 13,436 shares of the company’s stock valued at $219,000 after purchasing an additional 1,032 shares during the last quarter. Kennedy Capital Management LLC grew its holdings in shares of CTO Realty Growth by 0.3% during the fourth quarter. Kennedy Capital Management LLC now owns 326,556 shares of the company’s stock valued at $6,012,000 after purchasing an additional 1,069 shares during the last quarter. Finally, Creative Planning raised its position in shares of CTO Realty Growth by 9.6% during the 3rd quarter. Creative Planning now owns 12,690 shares of the company’s stock worth $207,000 after purchasing an additional 1,107 shares during the period. Institutional investors own 67.18% of the company’s stock.

Analyst Ratings Changes

CTO has been the topic of several recent research reports. JonesTrading raised their price target on CTO Realty Growth from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Zacks Research upgraded CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Cantor Fitzgerald increased their target price on CTO Realty Growth from $23.00 to $25.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research note on Wednesday, July 29th. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $25.00 target price on shares of CTO Realty Growth in a research note on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $24.50.

CTO Realty Growth Price Performance

Shares of NYSE:CTO opened at $22.00 on Thursday. The firm’s 50 day moving average is $21.59 and its two-hundred day moving average is $20.22. CTO Realty Growth, Inc. has a 52 week low of $15.06 and a 52 week high of $22.71. The firm has a market capitalization of $824.74 million, a P/E ratio of 16.18 and a beta of 0.60. The company has a current ratio of 8.69, a quick ratio of 8.69 and a debt-to-equity ratio of 0.99.

CTO Realty Growth (NYSE:CTO) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.28. CTO Realty Growth had a return on equity of 8.90% and a net margin of 32.63%.The business had revenue of $43.83 million during the quarter, compared to the consensus estimate of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. Analysts anticipate that CTO Realty Growth, Inc. will post 2.12 earnings per share for the current year.

CTO Realty Growth Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date is Thursday, September 10th. CTO Realty Growth’s payout ratio is 111.76%.

CTO Realty Growth Profile

CTO Realty Growth, Inc is a publicly traded real estate investment trust (REIT) that specializes in single-tenant net lease properties. The company’s primary focus is on acquiring, owning and managing retail assets leased to creditworthy operators under long-term, triple-net lease agreements. By targeting essential retail segments, CTO Realty Growth seeks to generate stable, inflation-protected income streams while maintaining a disciplined investment approach.

The REIT’s portfolio is concentrated in convenience store and fuel service locations, with additional assets in other retail categories where net lease structures prevail.