Heartland Advisors Inc. Has $9.81 Million Stock Holdings in Alpine Income Property Trust, Inc. $PINE

Heartland Advisors Inc. raised its stake in Alpine Income Property Trust, Inc. (NYSE:PINE) by 25.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 692,400 shares of the company’s stock after buying an additional 138,770 shares during the period. Heartland Advisors Inc.’s holdings in Alpine Income Property Trust were worth $9,811,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. GSA Capital Partners LLP boosted its holdings in shares of Alpine Income Property Trust by 52.7% during the 3rd quarter. GSA Capital Partners LLP now owns 26,397 shares of the company’s stock valued at $374,000 after acquiring an additional 9,106 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Alpine Income Property Trust by 0.7% during the third quarter. Vanguard Group Inc. now owns 772,504 shares of the company’s stock valued at $10,946,000 after purchasing an additional 5,681 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Alpine Income Property Trust by 5.8% during the third quarter. JPMorgan Chase & Co. now owns 14,396 shares of the company’s stock worth $204,000 after purchasing an additional 788 shares during the last quarter. Alps Advisors Inc. grew its holdings in shares of Alpine Income Property Trust by 23.1% during the third quarter. Alps Advisors Inc. now owns 21,217 shares of the company’s stock worth $301,000 after purchasing an additional 3,984 shares during the last quarter. Finally, Penserra Capital Management LLC increased its stake in shares of Alpine Income Property Trust by 3.5% in the third quarter. Penserra Capital Management LLC now owns 71,246 shares of the company’s stock valued at $1,009,000 after buying an additional 2,403 shares during the period. 60.50% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. B. Riley Financial reissued a “buy” rating on shares of Alpine Income Property Trust in a report on Thursday, February 5th. Weiss Ratings raised shares of Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, January 27th. Stifel Nicolaus raised their target price on Alpine Income Property Trust from $19.00 to $20.50 and gave the stock a “buy” rating in a research report on Friday, February 6th. Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a research note on Friday, February 6th. Finally, iA Financial set a $21.00 price objective on Alpine Income Property Trust in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $19.70.

Alpine Income Property Trust Stock Up 2.3%

Shares of NYSE:PINE opened at $20.58 on Tuesday. Alpine Income Property Trust, Inc. has a 1 year low of $13.10 and a 1 year high of $20.80. The company has a debt-to-equity ratio of 1.25, a current ratio of 4.95 and a quick ratio of 4.95. The business’s 50-day moving average is $17.57 and its 200-day moving average is $15.91. The company has a market capitalization of $310.52 million, a price-to-earnings ratio of -89.47, a P/E/G ratio of 1.40 and a beta of 0.59.

Alpine Income Property Trust (NYSE:PINE) last issued its earnings results on Thursday, February 5th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.43). The business had revenue of $16.90 million during the quarter, compared to the consensus estimate of $15.28 million. Alpine Income Property Trust had a negative return on equity of 1.00% and a negative net margin of 4.39%.Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. Equities research analysts predict that Alpine Income Property Trust, Inc. will post 1.74 earnings per share for the current year.

Alpine Income Property Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be issued a $0.30 dividend. The ex-dividend date is Thursday, March 12th. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a yield of 5.8%. Alpine Income Property Trust’s dividend payout ratio is -495.65%.

Alpine Income Property Trust 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.