Consolidated-Tomoka Land (NYSEAMERICAN:CTO) Given a $82.00 Price Target by B. Riley Analysts

B. Riley set a $82.00 price target on Consolidated-Tomoka Land (NYSEAMERICAN:CTO) in a report published on Monday morning, TipRanks reports. The firm currently has a buy rating on the financial services provider’s stock. B. Riley also issued estimates for Consolidated-Tomoka Land’s Q2 2019 earnings at $2.04 EPS, Q3 2019 earnings at $3.22 EPS, Q4 2019 earnings at $3.14 EPS, FY2019 earnings at $9.55 EPS, Q1 2020 earnings at $1.23 EPS, Q2 2020 earnings at $1.28 EPS, Q3 2020 earnings at $1.35 EPS, Q4 2020 earnings at $1.27 EPS and FY2020 earnings at $5.13 EPS.

Separately, Zacks Investment Research cut EXACT Sciences from a hold rating to a sell rating in a report on Tuesday, July 2nd.

Shares of Consolidated-Tomoka Land stock traded up $0.04 during midday trading on Monday, hitting $60.34. The company had a trading volume of 30,109 shares, compared to its average volume of 23,374. Consolidated-Tomoka Land has a 1-year low of $49.23 and a 1-year 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by ($0.01). The firm had revenue of $14.26 million for the quarter, compared to analyst estimates of $11.87 million.

In other Consolidated-Tomoka Land news, Director George R. Brokaw purchased 500 shares of the business’s stock in a transaction that occurred on Tuesday, May 14th. The stock was acquired at an average cost of $59.10 per share, with a total value of $29,550.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Mark E. Patten sold 5,000 shares of Consolidated-Tomoka Land stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $59.92, for a total value of $299,600.00. The disclosure for this sale can be found here.

Institutional investors have recently added to or reduced their stakes in the stock. Great West Life Assurance Co. Can raised its holdings in Consolidated-Tomoka Land by 2.6% during the 4th quarter. Great West Life Assurance Co. Can now owns 6,628 shares of the financial services provider’s stock worth $349,000 after purchasing an additional 167 shares during the last quarter. Cetera Advisors LLC raised its holdings in Consolidated-Tomoka Land by 2.8% during the 4th quarter. Cetera Advisors LLC now owns 8,615 shares of the financial services provider’s stock worth $454,000 after purchasing an additional 234 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Consolidated-Tomoka Land by 16.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,800 shares of the financial services provider’s stock worth $148,000 after purchasing an additional 400 shares during the last quarter. FMR LLC raised its holdings in Consolidated-Tomoka Land by 0.4% during the 4th quarter. FMR LLC now owns 110,539 shares of the financial services provider’s stock worth $5,803,000 after purchasing an additional 467 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Consolidated-Tomoka Land by 3.0% during the 4th quarter. Bank of New York Mellon Corp now owns 23,315 shares of the financial services provider’s stock worth $1,223,000 after purchasing an additional 671 shares during the last quarter.

About Consolidated-Tomoka Land

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.

Recommended Story: How to start trading in the forex market?

Receive News & Ratings for Consolidated-Tomoka Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consolidated-Tomoka Land and related companies with MarketBeat.com's FREE daily email newsletter.