AlphaCentric Advisors LLC purchased a new position in CTO Realty Growth, Inc. (NYSE:CTO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 40,000 shares of the company's stock, valued at approximately $788,000. AlphaCentric Advisors LLC owned 0.13% of CTO Realty Growth at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CTO. SG Americas Securities LLC purchased a new position in shares of CTO Realty Growth during the third quarter worth approximately $176,000. CWM LLC raised its position in CTO Realty Growth by 65.6% during the 3rd quarter. CWM LLC now owns 7,497 shares of the company's stock valued at $143,000 after purchasing an additional 2,970 shares in the last quarter. Creative Planning purchased a new stake in shares of CTO Realty Growth in the 3rd quarter worth $237,000. Allspring Global Investments Holdings LLC grew its position in shares of CTO Realty Growth by 830.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 12,769 shares of the company's stock worth $243,000 after buying an additional 11,397 shares in the last quarter. Finally, Copeland Capital Management LLC purchased a new position in shares of CTO Realty Growth during the third quarter valued at $49,000. Institutional investors own 67.18% of the company's stock.
CTO Realty Growth Stock Up 0.6 %
CTO traded up $0.13 on Wednesday, hitting $20.24. The company had a trading volume of 171,601 shares, compared to its average volume of 238,490. The stock has a market capitalization of $606.65 million, a price-to-earnings ratio of 34.33 and a beta of 0.78. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.96 and a current ratio of 3.96. The stock has a fifty day moving average price of $19.76 and a 200-day moving average price of $19.56. CTO Realty Growth, Inc. has a 12-month low of $16.32 and a 12-month high of $21.15.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. StockNews.com cut shares of CTO Realty Growth from a "hold" rating to a "sell" rating in a report on Monday, October 28th. Raymond James raised shares of CTO Realty Growth from an "outperform" rating to a "strong-buy" rating and lifted their price objective for the company from $22.00 to $24.00 in a report on Wednesday, October 30th.
Check Out Our Latest Report on CTO Realty Growth
About CTO Realty Growth
(
Free Report)
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.
Further Reading
Before you consider CTO Realty Growth, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CTO Realty Growth wasn't on the list.
While CTO Realty Growth currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
