CTO Realty Growth, Inc. (NYSE:CTO) Receives Consensus Rating of “Moderate Buy” from Analysts

CTO Realty Growth, Inc. (NYSE:CTOGet Free Report) has received a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $21.50.

Separately, StockNews.com began coverage on CTO Realty Growth in a report on Thursday, August 17th. They issued a “sell” rating for the company.

View Our Latest Stock Analysis on CTO Realty Growth

Institutional Trading of CTO Realty Growth

Hedge funds have recently added to or reduced their stakes in the business. Dorsey Wright & Associates acquired a new stake in shares of CTO Realty Growth during the fourth quarter worth about $25,000. New York State Teachers Retirement System bought a new position in CTO Realty Growth in the first quarter valued at approximately $28,000. Copeland Capital Management LLC acquired a new position in shares of CTO Realty Growth in the second quarter valued at approximately $29,000. Harbour Investments Inc. acquired a new position in shares of CTO Realty Growth in the second quarter valued at approximately $31,000. Finally, Parallel Advisors LLC raised its holdings in shares of CTO Realty Growth by 1,673.4% during the first quarter. Parallel Advisors LLC now owns 1,933 shares of the company’s stock worth $33,000 after acquiring an additional 1,824 shares during the period. Institutional investors and hedge funds own 62.04% of the company’s stock.

CTO Realty Growth Price Performance

CTO opened at $17.60 on Tuesday. The company has a fifty day moving average price of $17.35 and a two-hundred day moving average price of $16.97. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.53 and a current ratio of 2.53. The firm has a market capitalization of $399.52 million, a PE ratio of -56.77 and a beta of 0.83. CTO Realty Growth has a 52 week low of $15.70 and a 52 week high of $21.33.

About CTO Realty Growth

(Get 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.

See Also

Analyst Recommendations for CTO Realty Growth (NYSE:CTO)

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