CTO Realty Growth, Inc. (NYSE:CTO) major shareholder Cto Realty Growth, Inc. recently purchased shares of the company’s stock in several transactions. On July 5th, 6,262 shares were bought at an average price of $15.00 per share, totaling $93,930. Following this purchase, the insider now owns 196,356 shares valued at $2,945,340. Other recent transactions include buying 6,562 shares on July 9th, 7,959 shares on June 27th, 830 shares on June 13th, and 191 shares on May 28th.
The stock of CTO Realty Growth is up by 1.1% with a 52-week low of $15.63 and a high of $18.03. The company has a market capitalization of $405.07 million, a price-to-earnings ratio of 32.09, and a beta of 0.76. Additionally, CTO Realty Growth recently declared a quarterly dividend of $0.38 per share, with an annualized dividend yield of 8.61%.
Wall Street analysts have given CTO Realty Growth a “Moderate Buy” rating with an average target price of $19.33. Institutional investors have shown interest in the company, with hedge funds and other institutions increasing their stakes. CTO Realty Growth, Inc. is a real estate investment trust that owns and operates retail-based properties primarily in high-growth markets in the US. The company also manages Alpine Income Property Trust, Inc (NYSE: PINE), a net lease REIT. Subscribe to receive daily news and ratings for CTO Realty Growth.