Alpine Income Property Trust (NYSE:PINE) Downgraded to “Hold” Rating by Zacks Research

Alpine Income Property Trust (NYSE:PINE) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other research analysts have also recently issued reports about the stock. Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a report on Tuesday, April 28th. Stifel Nicolaus set a $21.50 target price on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Weiss Ratings restated a “hold (c-)” rating on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Truist Financial increased their price objective on shares of Alpine Income Property Trust from $18.00 to $21.00 and gave the company a “hold” rating in a research report on Wednesday, February 18th. Finally, JonesTrading reissued a “buy” rating and issued a $22.00 target price on shares of Alpine Income Property Trust in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $20.36.

Alpine Income Property Trust Stock Up 0.2%

PINE opened at $19.04 on Monday. The company has a 50 day moving average of $18.97 and a 200 day moving average of $18.05. The company has a market cap of $314.46 million, a PE ratio of -211.48, a price-to-earnings-growth ratio of 1.27 and a beta of 0.56. Alpine Income Property Trust has a 12 month low of $13.10 and a 12 month high of $20.80. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 1.08.

Alpine Income Property Trust (NYSE:PINE) last issued its earnings results on Thursday, April 23rd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.The business had revenue of $18.41 million during the quarter, compared to analysts’ expectations of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. On average, sell-side analysts expect that Alpine Income Property Trust will post 2.14 EPS for the current year.

Insiders Place Their Bets

In other news, Director Andrew C. Richardson sold 3,000 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $19.35, for a total transaction of $58,050.00. Following the sale, the director owned 14,376 shares of the company’s stock, valued at approximately $278,175.60. This represents a 17.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Alpine Income Property Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of PINE. Sound Income Strategies LLC increased its position in Alpine Income Property Trust by 8.0% during the 4th quarter. Sound Income Strategies LLC now owns 1,216,494 shares of the company’s stock worth $21,349,000 after purchasing an additional 90,320 shares in the last quarter. Vanguard Group Inc. grew its stake in Alpine Income Property Trust by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 772,504 shares of the company’s stock worth $10,946,000 after buying an additional 5,681 shares during the last quarter. Heartland Advisors Inc. grew its stake in shares of Alpine Income Property Trust by 25.1% in the third quarter. Heartland Advisors Inc. now owns 692,400 shares of the company’s stock worth $9,811,000 after purchasing an additional 138,770 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Alpine Income Property Trust by 1,344.2% in the fourth quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock valued at $7,389,000 after buying an additional 411,334 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Alpine Income Property Trust by 5.8% during the second quarter. Geode Capital Management LLC now owns 327,734 shares of the company’s stock valued at $4,822,000 after purchasing an additional 17,947 shares during the last quarter. Institutional investors and hedge funds own 60.50% of the company’s stock.

Alpine Income Property Trust Company Profile

Alpine Income Property Trust, Inc is a publicly traded real estate investment trust that specializes in acquiring, owning and managing single-tenant net lease properties. The company focuses on sale-leaseback and build-to-suit transactions with food and beverage companies, targeting facilities that support production, distribution and processing operations. By structuring long-term, triple-net leases, Alpine Income Property Trust seeks to deliver stable, predictable cash flow while allowing tenants to unlock capital from real estate assets and reinvest in their core businesses.

The company’s portfolio is diversified across multiple U.S.