Dimensional Fund Advisors LP Has $14.68 Million Stake in Consolidated-Tomoka Land Co. (CTO)

Dimensional Fund Advisors LP raised its holdings in Consolidated-Tomoka Land Co. (NYSEAMERICAN:CTO) by 4.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 279,684 shares of the financial services provider’s stock after purchasing an additional 11,391 shares during the period. Dimensional Fund Advisors LP owned about 5.07% of Consolidated-Tomoka Land worth $14,684,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. PNC Financial Services Group Inc. boosted its stake in shares of Consolidated-Tomoka Land by 16.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,800 shares of the financial services provider’s stock worth $148,000 after acquiring an additional 400 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of Consolidated-Tomoka Land by 44.7% in the fourth quarter. Rhumbline Advisers now owns 5,595 shares of the financial services provider’s stock worth $294,000 after acquiring an additional 1,729 shares during the last quarter. Great West Life Assurance Co. Can boosted its stake in shares of Consolidated-Tomoka Land by 2.6% in the fourth quarter. Great West Life Assurance Co. Can now owns 6,628 shares of the financial services provider’s stock worth $349,000 after acquiring an additional 167 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Consolidated-Tomoka Land by 17.9% in the fourth quarter. First Trust Advisors LP now owns 9,944 shares of the financial services provider’s stock worth $522,000 after acquiring an additional 1,508 shares during the last quarter. Finally, Investment Management of Virginia LLC boosted its stake in shares of Consolidated-Tomoka Land by 14.0% in the fourth quarter. Investment Management of Virginia LLC now owns 15,530 shares of the financial services provider’s stock worth $815,000 after acquiring an additional 1,902 shares during the last quarter.

In other Consolidated-Tomoka Land news, Director George R. Brokaw bought 538 shares of Consolidated-Tomoka Land stock in a transaction on Friday, February 15th. The shares were bought at an average price of $60.10 per share, for a total transaction of $32,333.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Blakeslee Gable bought 415 shares of Consolidated-Tomoka Land stock in a transaction on Wednesday, February 20th. The stock was acquired at an average price of $60.50 per share, for a total transaction of $25,107.50. Following the transaction, the director now directly owns 619 shares of the company’s stock, valued at $37,449.50. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 2,399 shares of company stock worth $143,684.

Consolidated-Tomoka Land stock traded up $0.26 during trading on Friday, reaching $59.46. 42,910 shares of the company were exchanged, compared to its average volume of 19,186. Consolidated-Tomoka Land Co. has a 52-week low of $49.23 and a 52-week high of $67.01.

Consolidated-Tomoka Land (NYSEAMERICAN:CTO) last announced its quarterly earnings data on Tuesday, April 16th. The financial services provider reported $1.24 EPS for the quarter, missing the Zacks’ consensus estimate of $1.25 by ($0.01). The company had revenue of $14.26 million during the quarter, compared to analysts’ expectations of $11.87 million.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Friday, May 10th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.40 dividend on an annualized basis and a yield of 0.67%.

Separately, Zacks Investment Research downgraded Consolidated-Tomoka Land from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 14th.

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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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Institutional Ownership by Quarter for Consolidated-Tomoka Land (NYSEAMERICAN:CTO)

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