Insider Selling: Alpine Income Property Trust (NYSE:PINE) Director Sells $40,560.00 in Stock

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

Alpine Income Property Trust Stock Performance

Shares of Alpine Income Property Trust stock opened at $20.14 on Friday. The company has a 50 day moving average price of $20.13 and a 200 day moving average price of $19.34. The firm has a market capitalization of $354.83 million, a P/E ratio of 106.00, a PEG ratio of 1.33 and a beta of 0.54. 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, Inc. has a 52 week low of $13.10 and a 52 week high of $21.99.

Alpine Income Property Trust (NYSE:PINE) last released its earnings results on Thursday, July 23rd. The company reported $0.16 earnings per share 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 for the quarter, compared to the consensus estimate of $18.85 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. 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 business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.4%. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, September 10th. Alpine Income Property Trust’s dividend payout ratio is presently 631.58%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Weiss Ratings lowered Alpine Income Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 17th. Truist Financial cut their price objective on Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating on the stock in a report on Thursday, May 21st. Zacks Research lowered Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Stifel Nicolaus raised their price objective on Alpine Income Property Trust from $21.50 to $22.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Alpine Income Property Trust in a report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $21.50.

Institutional Investors Weigh In On Alpine Income Property Trust

Several hedge funds have recently added to or reduced their stakes in the business. Segall Bryant & Hamill LLC purchased a new position in shares of Alpine Income Property Trust during the 1st quarter valued at about $847,000. Bank of America Corp DE lifted its holdings in shares of Alpine Income Property Trust by 11.6% in the 1st quarter. Bank of America Corp DE now owns 11,750 shares of the company’s stock valued at $212,000 after buying an additional 1,222 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Alpine Income Property Trust by 87.1% in the first quarter. Renaissance Technologies LLC now owns 121,200 shares of the company’s stock worth $2,182,000 after buying an additional 56,422 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Alpine Income Property Trust by 70.4% in the first quarter. Public Employees Retirement System of Ohio now owns 25,222 shares of the company’s stock worth $454,000 after buying an additional 10,421 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Alpine Income Property Trust during the first quarter worth about $206,000. 60.50% of the stock is owned by hedge funds and other 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.