Alpine Income Property Trust (NYSE:PINE) Director Andrew Richardson Sells 2,000 Shares of Stock

Alpine Income Property Trust, Inc. (NYSE:PINE) Director Andrew Richardson sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $20.28, for a total value of $40,560.00. Following the transaction, the director directly owned 8,425 shares in the company, valued at approximately $170,859. This represents a 19.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Alpine Income Property Trust Stock Down 0.2%

Shares of PINE opened at $20.29 on Friday. The company has a market cap of $357.46 million, a PE ratio of 106.77, a P/E/G ratio of 1.34 and a beta of 0.54. The business has a fifty day moving average of $20.11 and a 200 day moving average of $19.33. Alpine Income Property Trust, Inc. has a 52-week low of $13.10 and a 52-week high of $21.99. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 1.03.

Alpine Income Property Trust (NYSE:PINE) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. Alpine Income Property Trust had a net margin of 9.36% and a return on equity of 2.11%. The company had revenue of $20.00 million during the quarter, compared to analyst estimates of $18.85 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. On average, sell-side analysts expect that Alpine Income Property Trust, Inc. will post 2.16 EPS for the current year.

Alpine Income Property Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 10th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 6.3%. The ex-dividend date is Thursday, September 10th. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.30. Alpine Income Property Trust’s payout ratio is currently 673.68%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. JonesTrading increased their price objective on shares of Alpine Income Property Trust from $22.00 to $23.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Stifel Nicolaus upped their target price on Alpine Income Property Trust from $21.50 to $22.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a report on Friday, July 24th. Robert W. Baird reissued a “neutral” rating and set a $21.00 price target (up from $18.00) on shares of Alpine Income Property Trust in a research note on Monday, June 29th. Finally, Huntington assumed coverage on Alpine Income Property Trust in a report on Wednesday, July 15th. They set an “outperform” rating and a $23.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Alpine Income Property Trust currently has an average rating of “Moderate Buy” and a consensus target price of $21.50.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PINE. Jane Street Group LLC boosted its position in Alpine Income Property Trust by 55.9% in the 1st quarter. Jane Street Group LLC now owns 22,479 shares of the company’s stock valued at $376,000 after buying an additional 8,061 shares during the period. Strs Ohio purchased a new position in shares of Alpine Income Property Trust during the first quarter worth approximately $42,000. Geode Capital Management LLC raised its stake 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 acquiring an additional 17,947 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Alpine Income Property Trust by 36.5% during the second quarter. Rhumbline Advisers now owns 28,181 shares of the company’s stock valued at $415,000 after acquiring an additional 7,529 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in shares of Alpine Income Property Trust by 42.3% in the second quarter. Hsbc Holdings PLC now owns 27,866 shares of the company’s stock valued at $412,000 after purchasing an additional 8,278 shares during the period. Hedge funds and other institutional investors 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.