Leeward Investments LLC MA Increases Stake in CTO Realty Growth, Inc. (NYSE:CTO)

Leeward Investments LLC MA increased its holdings in CTO Realty Growth, Inc. (NYSE:CTO - Free Report) by 356.0% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 394,793 shares of the company's stock after purchasing an additional 308,213 shares during the period. Leeward Investments LLC MA owned approximately 1.24% of CTO Realty Growth worth $7,623,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in CTO Realty Growth by 118.6% during the 4th quarter. Vanguard Group Inc. now owns 2,514,789 shares of the company's stock valued at $49,566,000 after buying an additional 1,364,637 shares during the last quarter. Geode Capital Management LLC raised its holdings in CTO Realty Growth by 30.9% during the 4th quarter. Geode Capital Management LLC now owns 679,893 shares of the company's stock valued at $13,403,000 after buying an additional 160,593 shares during the last quarter. Two Sigma Advisers LP raised its holdings in CTO Realty Growth by 29.1% during the 4th quarter. Two Sigma Advisers LP now owns 509,701 shares of the company's stock valued at $10,046,000 after buying an additional 115,000 shares during the last quarter. Invesco Ltd. raised its holdings in CTO Realty Growth by 681.9% during the 4th quarter. Invesco Ltd. now owns 468,556 shares of the company's stock valued at $9,235,000 after buying an additional 408,632 shares during the last quarter. Finally, Two Sigma Investments LP raised its holdings in CTO Realty Growth by 2.2% during the 4th quarter. Two Sigma Investments LP now owns 455,146 shares of the company's stock valued at $8,971,000 after buying an additional 9,709 shares during the last quarter. Hedge funds and other institutional investors own 67.18% of the company's stock.

CTO Realty Growth Trading Down 0.2%

NYSE CTO traded down $0.03 during trading on Tuesday, hitting $17.30. The company had a trading volume of 328,474 shares, compared to its average volume of 373,716. The company has a current ratio of 5.54, a quick ratio of 5.54 and a debt-to-equity ratio of 1.01. CTO Realty Growth, Inc. has a one year low of $16.12 and a one year high of $21.15. The company has a market cap of $569.86 million, a price-to-earnings ratio of -42.20 and a beta of 0.73. The company's fifty day moving average is $18.03 and its 200-day moving average is $18.72.

CTO Realty Growth Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 12th were paid a $0.38 dividend. The ex-dividend date was Thursday, June 12th. This represents a $1.52 annualized dividend and a dividend yield of 8.79%. CTO Realty Growth's payout ratio is -370.73%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Wall Street Zen lowered shares of CTO Realty Growth from a "hold" rating to a "sell" rating in a report on Tuesday, May 13th. Raymond James Financial restated a "strong-buy" rating on shares of CTO Realty Growth in a report on Friday, May 23rd.

Insider Activity

In other CTO Realty Growth news, Director George R. Brokaw purchased 2,000 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The stock was bought at an average cost of $16.94 per share, for a total transaction of $33,880.00. Following the purchase, the director directly owned 91,701 shares in the company, valued at $1,553,414.94. The trade was a 2.23% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John P. Albright purchased 3,800 shares of the firm's stock in a transaction that occurred on Thursday, June 26th. The stock was acquired at an average price of $17.05 per share, with a total value of $64,790.00. Following the completion of the purchase, the chief executive officer owned 628,347 shares in the company, valued at $10,713,316.35. This represents a 0.61% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 7,800 shares of company stock valued at $132,960. 4.00% of the stock is owned by company insiders.

CTO Realty Growth Profile

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.