State of New Jersey Common Pension Fund D Has $5.32 Million Stock Holdings in CTO Realty Growth, Inc. $CTO

State of New Jersey Common Pension Fund D grew its holdings in CTO Realty Growth, Inc. (NYSE:CTO) by 16.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 289,068 shares of the company’s stock after buying an additional 40,000 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in CTO Realty Growth were worth $5,322,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CIBC Private Wealth Group LLC acquired a new stake in shares of CTO Realty Growth in the third quarter valued at $37,000. Signaturefd LLC increased its position in CTO Realty Growth by 200.1% in the fourth quarter. Signaturefd LLC now owns 2,398 shares of the company’s stock worth $44,000 after purchasing an additional 1,599 shares during the period. Tower Research Capital LLC TRC increased its position in CTO Realty Growth by 51.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,654 shares of the company’s stock worth $63,000 after purchasing an additional 1,245 shares during the period. SG Americas Securities LLC acquired a new stake in CTO Realty Growth in the fourth quarter worth about $112,000. Finally, Wedbush Securities Inc. acquired a new stake in CTO Realty Growth in the third quarter worth about $164,000. 67.18% of the stock is currently owned by institutional investors and hedge funds.

CTO Realty Growth Price Performance

Shares of CTO stock opened at $20.42 on Monday. The company has a quick ratio of 3.95, a current ratio of 3.95 and a debt-to-equity ratio of 1.13. CTO Realty Growth, Inc. has a 12 month low of $15.06 and a 12 month high of $20.67. The firm has a market cap of $689.62 million, a price-to-earnings ratio of 97.22 and a beta of 0.62. The stock has a 50-day moving average price of $19.27 and a 200 day moving average price of $18.28.

CTO Realty Growth (NYSE:CTO) last issued its earnings results on Tuesday, April 28th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11. CTO Realty Growth had a return on equity of 2.47% and a net margin of 9.06%.The firm had revenue of $41.17 million for the quarter, compared to analysts’ expectations of $38.89 million. CTO Realty Growth has set its FY 2026 guidance at 2.190-2.240 EPS. Research analysts expect that CTO Realty Growth, Inc. will post 2.01 EPS for the current year.

CTO Realty Growth Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were issued a dividend of $0.38 per share. The ex-dividend date was Thursday, March 12th. This represents a $1.52 dividend on an annualized basis and a yield of 7.4%. CTO Realty Growth’s dividend payout ratio (DPR) is 723.81%.

Analyst Ratings Changes

CTO has been the subject of a number of research reports. JonesTrading lifted their price objective on CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Alliance Global Partners reiterated a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday. Weiss Ratings upgraded CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. Finally, Cantor Fitzgerald lifted their price objective on CTO Realty Growth from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.67.

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.