Alpine Income Property Trust, Inc. $PINE Shares Bought by Sound Income Strategies LLC

Key Points

• Sound Income Strategies LLC increased its stake in Alpine Income Property Trust by 8.0%, buying 90,320 shares to hold 1,216,494 shares (about 8.59% of the company), and institutional investors now own roughly 60.5% of PINE.
• Analysts have turned bullish with multiple upgrades to "Strong Buy"/"Buy," leaving a consensus Buy rating and an average price target of $20.21, with several targets up to $22.00.
• Alpine raised its quarterly dividend to $0.30 (annualized $1.20, ~6.5% yield) even after reporting a quarterly EPS miss ($0.06 vs. $0.49) and issuing FY2026 EPS guidance of 2.090–2.130.

Sound Income Strategies LLC grew its holdings in shares of Alpine Income Property Trust, Inc. (NYSE:PINE - Free Report) by 8.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,216,494 shares of the company's stock after purchasing an additional 90,320 shares during the quarter. Alpine Income Property Trust makes up about 1.0% of Sound Income Strategies LLC's portfolio, making the stock its 24th biggest holding. Sound Income Strategies LLC owned approximately 8.59% of Alpine Income Property Trust worth $21,349,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PINE. Atlantic Union Bankshares Corp acquired a new stake in Alpine Income Property Trust during the 3rd quarter worth $25,000. Strs Ohio acquired a new stake in Alpine Income Property Trust during the 1st quarter worth $42,000. BNP Paribas Financial Markets boosted its stake in Alpine Income Property Trust by 197.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,677 shares of the company's stock worth $95,000 after purchasing an additional 4,433 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Alpine Income Property Trust by 31.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 10,227 shares of the company's stock worth $145,000 after purchasing an additional 2,442 shares during the last quarter. Finally, Jeppson Wealth Management LLC boosted its stake in Alpine Income Property Trust by 37.0% during the 3rd quarter. Jeppson Wealth Management LLC now owns 14,117 shares of the company's stock worth $200,000 after purchasing an additional 3,810 shares during the last quarter. Institutional investors and hedge funds own 60.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on PINE shares. Raymond James Financial raised shares of Alpine Income Property Trust from an "outperform" rating to a "strong-buy" rating and set a $22.00 target price on the stock in a research note on Tuesday, March 17th. Cantor Fitzgerald raised shares of Alpine Income Property Trust to a "strong-buy" rating in a research report on Wednesday, February 4th. Alliance Global Partners reissued a "buy" rating on shares of Alpine Income Property Trust in a research report on Friday, February 6th. Truist Financial boosted their price target on shares of Alpine Income Property Trust from $18.00 to $21.00 and gave the company a "hold" rating in a research report on Wednesday, February 18th. Finally, JonesTrading boosted their price target on shares of Alpine Income Property Trust from $19.00 to $22.00 and gave the company a "buy" rating in a research report on Friday, February 6th. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $20.21.

Insider Transactions at Alpine Income Property Trust

In related news, Director Andrew C. Richardson sold 2,750 shares of the business's stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $18.14, for a total value of $49,885.00. Following the sale, the director directly owned 16,444 shares in the company, valued at approximately $298,294.16. The trade was a 14.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.46% of the company's stock.

Alpine Income Property Trust Trading Up 0.2%

Shares of PINE stock opened at $18.44 on Tuesday. The company's 50-day moving average price is $19.01 and its 200-day moving average price is $16.96. The company has a current ratio of 4.95, a quick ratio of 4.95 and a debt-to-equity ratio of 1.25. The stock has a market cap of $278.18 million, a price-to-earnings ratio of -80.15, a PEG ratio of 1.26 and a beta of 0.58. Alpine Income Property Trust, Inc. has a twelve month low of $13.10 and a twelve month high of $20.80.

Alpine Income Property Trust (NYSE:PINE - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.43). The firm had revenue of $16.90 million for the quarter, compared to analyst estimates of $15.28 million. Alpine Income Property Trust had a negative net margin of 4.39% and a negative return on equity of 1.00%. Alpine Income Property Trust has set its FY 2026 guidance at 2.090-2.130 EPS. As a group, equities analysts predict that Alpine Income Property Trust, Inc. will post 1.74 earnings per share for the current year.

Alpine Income Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 12th were issued a $0.30 dividend. This is an increase from Alpine Income Property Trust's previous quarterly dividend of $0.29. The ex-dividend date was Thursday, March 12th. This represents a $1.20 annualized dividend and a yield of 6.5%. Alpine Income Property Trust's payout ratio is presently -521.74%.

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.

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