FJ Capital Management LLC Makes New Investment in CTO Realty Growth, Inc. $CTO

FJ Capital Management LLC purchased a new stake in CTO Realty Growth, Inc. (NYSE:CTO) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 89,709 shares of the company’s stock, valued at approximately $1,652,000. FJ Capital Management LLC owned approximately 0.28% of CTO Realty Growth as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Kennedy Capital Management LLC lifted its position in 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 acquiring an additional 1,069 shares during the last quarter. Barclays PLC grew its holdings in CTO Realty Growth by 138.3% in the fourth quarter. Barclays PLC now owns 145,291 shares of the company’s stock worth $2,675,000 after purchasing an additional 84,309 shares during the last quarter. First Trust Advisors LP increased its position in shares of CTO Realty Growth by 82.0% during the fourth quarter. First Trust Advisors LP now owns 18,974 shares of the company’s stock worth $349,000 after purchasing an additional 8,548 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of CTO Realty Growth by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 292,666 shares of the company’s stock worth $5,388,000 after purchasing an additional 15,904 shares in the last quarter. Finally, Ieq Capital LLC purchased a new stake in CTO Realty Growth in the fourth quarter valued at about $308,000. Hedge funds and other institutional investors own 67.18% of the company’s stock.

CTO Realty Growth Stock Up 0.4%

Shares of CTO opened at $20.91 on Friday. CTO Realty Growth, Inc. has a one year low of $15.06 and a one year high of $21.08. The company has a debt-to-equity ratio of 1.13, a quick ratio of 3.95 and a current ratio of 3.95. The stock has a 50 day moving average price of $20.07 and a 200 day moving average price of $19.02. The stock has a market capitalization of $706.17 million, a price-to-earnings ratio of 99.55 and a beta of 0.62.

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

CTO Realty Growth Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.52 annualized dividend and a dividend yield of 7.3%. CTO Realty Growth’s payout ratio is presently 723.81%.

Analyst Ratings Changes

Several analysts have weighed in on CTO shares. Weiss Ratings raised shares of CTO Realty Growth from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. JonesTrading raised their price objective on CTO Realty Growth from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Cantor Fitzgerald upped their target price on CTO Realty Growth from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, April 29th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $23.00.

About CTO Realty Growth

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.