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

CTO Realty Growth, Inc. (NYSE:CTO) 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.

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

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.