Alpine Income Property Trust (NYSE:PINE) Director Andrew Richardson Sells 2,750 Shares

Alpine Income Property Trust, Inc. (NYSE:PINE) Director Andrew Richardson sold 2,750 shares of the company’s stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $18.14, for a total value of $49,885.00. Following the completion of the transaction, the director owned 16,444 shares of the company’s stock, valued at $298,294.16. The trade was a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Alpine Income Property Trust Trading Up 1.3%

Shares of PINE opened at $18.38 on Friday. The firm has a market cap of $277.28 million, a P/E ratio of -79.89, a price-to-earnings-growth ratio of 1.24 and a beta of 0.58. The company has a debt-to-equity ratio of 1.25, a current ratio of 4.95 and a quick ratio of 4.95. 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 50 day simple moving average of $18.99 and a two-hundred day simple moving average of $16.87.

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

Alpine Income Property Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th were given a dividend of $0.30 per share. The ex-dividend date was 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 dividend yield of 6.5%. Alpine Income Property Trust’s dividend payout ratio (DPR) is -521.74%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. JonesTrading boosted their target price on Alpine Income Property Trust from $19.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Cantor Fitzgerald upgraded Alpine Income Property Trust to a “strong-buy” rating in a report on Wednesday, February 4th. Wall Street Zen raised Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Weiss Ratings raised Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, January 27th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday, February 6th. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $20.21.

Institutional Investors Weigh In On Alpine Income Property Trust

Institutional investors and hedge funds have recently modified their holdings of the business. Invesco Ltd. boosted its holdings in Alpine Income Property Trust by 1,344.2% during the 4th quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock valued at $7,389,000 after acquiring an additional 411,334 shares during the period. AQR Capital Management LLC increased its stake in Alpine Income Property Trust by 21.3% in the fourth quarter. AQR Capital Management LLC now owns 30,109 shares of the company’s stock worth $503,000 after purchasing an additional 5,283 shares during the period. Jump Financial LLC purchased a new stake in Alpine Income Property Trust in the fourth quarter worth $241,000. Osaic Holdings Inc. lifted its position in shares of Alpine Income Property Trust by 3,481.5% during the fourth quarter. Osaic Holdings Inc. now owns 13,001 shares of the company’s stock worth $217,000 after purchasing an additional 12,638 shares during the last quarter. Finally, Public Employees Retirement System of Ohio lifted its position in shares of Alpine Income Property Trust by 44.7% during the fourth quarter. Public Employees Retirement System of Ohio now owns 14,801 shares of the company’s stock worth $247,000 after purchasing an additional 4,574 shares during the last quarter. 60.50% of the stock is owned by institutional investors.

About Alpine Income Property Trust

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.