Alpine Income Property Trust (NYSE:PINE) Director Andrew Richardson Sells 1,500 Shares

Alpine Income Property Trust, Inc. (NYSE:PINE) Director Andrew Richardson sold 1,500 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $19.39, for a total value of $29,085.00. Following the completion of the transaction, the director owned 12,376 shares of the company’s stock, valued at $239,970.64. This trade represents a 10.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Alpine Income Property Trust Stock Performance

NYSE:PINE traded down $0.23 during trading on Wednesday, reaching $19.35. The company’s stock had a trading volume of 111,630 shares, compared to its average volume of 177,868. The firm has a market cap of $319.79 million, a price-to-earnings ratio of -215.00, a price-to-earnings-growth ratio of 1.29 and a beta of 0.56. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.45 and a current ratio of 2.45. The firm has a 50 day moving average of $18.99 and a 200-day moving average of $18.20. Alpine Income Property Trust, Inc. has a 12 month low of $13.10 and a 12 month high of $20.80.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PINE. Sound Income Strategies LLC boosted its stake in Alpine Income Property Trust by 8.0% in 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 during the period. Heartland Advisors Inc. boosted its stake in Alpine Income Property Trust by 25.1% in the 3rd 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 during the period. Gabelli Funds LLC boosted its stake in Alpine Income Property Trust by 25.2% in the 4th quarter. Gabelli Funds LLC now owns 205,016 shares of the company’s stock worth $3,428,000 after purchasing an additional 41,280 shares during the period. Exchange Traded Concepts LLC boosted its stake in Alpine Income Property Trust by 9.4% in the 4th quarter. Exchange Traded Concepts LLC now owns 35,154 shares of the company’s stock worth $588,000 after purchasing an additional 3,009 shares during the period. Finally, Kestra Private Wealth Services LLC bought a new position in Alpine Income Property Trust in the 1st quarter worth about $318,000. Institutional investors own 60.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Truist Financial reduced their price objective on Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating for the company in a research note on Thursday, May 21st. Raymond James Financial upgraded Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 price target for the company in a research note on Tuesday, March 17th. Stifel Nicolaus set a $21.50 price target on Alpine Income Property Trust in a research note on Friday, April 24th. Zacks Research downgraded Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a research note on Tuesday, April 28th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $20.21.

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.