Aperio Group LLC purchased a new position in Consolidated-Tomoka Land Co. (NYSEAMERICAN:CTO) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,523 shares of the financial services provider’s stock, valued at approximately $221,000. Aperio Group LLC owned approximately 0.06% of Consolidated-Tomoka Land at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. MetLife Investment Advisors LLC acquired a new stake in shares of Consolidated-Tomoka Land in the fourth quarter valued at approximately $156,000. AXA acquired a new stake in Consolidated-Tomoka Land during the 4th quarter worth approximately $203,000. Chicago Equity Partners LLC lifted its holdings in Consolidated-Tomoka Land by 14.8% during the 1st quarter. Chicago Equity Partners LLC now owns 8,888 shares of the financial services provider’s stock worth $559,000 after purchasing an additional 1,148 shares during the last quarter. Two Sigma Investments LP acquired a new stake in Consolidated-Tomoka Land during the 4th quarter worth approximately $635,000. Finally, Martingale Asset Management L P acquired a new stake in Consolidated-Tomoka Land during the 4th quarter worth approximately $845,000.
CTO has been the topic of a number of recent research reports. Zacks Investment Research upgraded Consolidated-Tomoka Land from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 12th. B. Riley began coverage on Consolidated-Tomoka Land in a research note on Monday, March 12th. They issued a “buy” rating and a $82.00 price target on the stock.
Consolidated-Tomoka Land (NYSEAMERICAN:CTO) last issued its earnings results on Tuesday, April 17th. The financial services provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.41). The firm had revenue of $24.85 million during the quarter, compared to the consensus estimate of $26.28 million. Consolidated-Tomoka Land had a net margin of 12.17% and a return on equity of 4.97%.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 30th. Investors of record on Thursday, May 10th were paid a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, May 9th. This represents a $0.24 annualized dividend and a yield of 0.39%.
Consolidated-Tomoka Land Profile
Consolidated-Tomoka Land Co, together with its subsidiaries, operates as a diversified real estate operating company in the United States. The company operates through four segments: Income Properties, Commercial Loan Investments, Real Estate Operations, and Golf Operations. It owns and manages commercial real estate properties.
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