Sound Income Strategies LLC Raises Stock Holdings in Alpine Income Property Trust, Inc. $PINE

Sound Income Strategies LLC boosted its stake in Alpine Income Property Trust, Inc. (NYSE:PINE) by 8.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,216,494 shares of the company’s stock after acquiring an additional 90,320 shares during the period. Alpine Income Property Trust comprises approximately 1.0% of Sound Income Strategies LLC’s investment portfolio, making the stock its 24th largest position. Sound Income Strategies LLC owned 0.09% of Alpine Income Property Trust worth $21,349,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp purchased a new stake in Alpine Income Property Trust in the 3rd quarter valued at about $25,000. Strs Ohio purchased a new stake in Alpine Income Property Trust in the 1st quarter valued at about $42,000. BNP Paribas Financial Markets raised its holdings in Alpine Income Property Trust by 197.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,677 shares of the company’s stock valued at $95,000 after buying an additional 4,433 shares during the period. Public Employees Retirement System of Ohio raised its holdings in Alpine Income Property Trust by 31.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 10,227 shares of the company’s stock valued at $145,000 after buying an additional 2,442 shares during the period. Finally, Jeppson Wealth Management LLC raised its holdings in Alpine Income Property Trust by 37.0% in the 3rd quarter. Jeppson Wealth Management LLC now owns 14,117 shares of the company’s stock valued at $200,000 after buying an additional 3,810 shares during the period. 60.50% of the stock is currently owned by hedge funds and other institutional investors.

Alpine Income Property Trust Stock Up 0.2%

Shares of NYSE:PINE opened at $18.44 on Tuesday. 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 firm has a market capitalization of $278.18 million, a PE ratio of -80.15, a price-to-earnings-growth ratio of 1.26 and a beta of 0.58. The firm’s 50-day moving average is $19.01 and its two-hundred day moving average is $16.96. Alpine Income Property Trust, Inc. has a 1 year low of $13.10 and a 1 year high of $20.80.

Alpine Income Property Trust (NYSE:PINE) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.43). The business had revenue of $16.90 million for the quarter, compared to analysts’ expectations 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. Analysts predict that Alpine Income Property Trust, Inc. will post 1.74 EPS for the current year.

Alpine Income Property Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 12th were paid 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 payout ratio is currently -521.74%.

Insider Buying and Selling at Alpine Income Property Trust

In related news, Director Andrew C. Richardson sold 2,750 shares of the company’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $18.14, for a total transaction of $49,885.00. Following the sale, the director directly owned 16,444 shares in the company, valued at approximately $298,294.16. This represents a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

PINE has been the topic of several research analyst reports. Truist Financial boosted their price objective on shares of Alpine Income Property Trust from $18.00 to $21.00 and gave the company a “hold” rating in a report on Wednesday, February 18th. Wall Street Zen upgraded shares of Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. iA Financial set a $21.00 price target on shares of Alpine Income Property Trust in a research note on Friday, February 6th. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a research note on Friday, February 6th. Finally, Weiss Ratings upgraded shares of Alpine Income Property Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, January 27th. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $20.21.

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.