S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The 3-Stock Retirement Blueprint (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The 3-Stock Retirement Blueprint (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The 3-Stock Retirement Blueprint (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The 3-Stock Retirement Blueprint (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The 3-Stock Retirement Blueprint (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The 3-Stock Retirement Blueprint (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
The 3-Stock Retirement Blueprint (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
The 3-Stock Retirement Blueprint (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
The 3-Stock Retirement Blueprint (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears

Cto Realty Growth, Inc. Buys 1,700 Shares of Alpine Income Property Trust, Inc. (NYSE:PINE) Stock

Alpine Income Property Trust, Inc. (NYSE:PINE - Get Rating) major shareholder Cto Realty Growth, Inc. bought 1,700 shares of the stock in a transaction dated Wednesday, September 28th. The stock was purchased at an average price of $16.55 per share, with a total value of $28,135.00. Following the acquisition, the insider now directly owns 10,908 shares in the company, valued at approximately $180,527.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.

Cto Realty Growth, Inc. also recently made the following trade(s):

  • On Monday, September 26th, Cto Realty Growth, Inc. bought 1,700 shares of Alpine Income Property Trust stock. The stock was purchased at an average price of $16.97 per share, with a total value of $28,849.00.
  • On Thursday, September 22nd, Cto Realty Growth, Inc. bought 1,800 shares of Alpine Income Property Trust stock. The stock was purchased at an average price of $17.33 per share, with a total value of $31,194.00.
  • On Tuesday, September 20th, Cto Realty Growth, Inc. bought 1,800 shares of Alpine Income Property Trust stock. The stock was purchased at an average price of $17.88 per share, with a total value of $32,184.00.
  • On Wednesday, September 14th, Cto Realty Growth, Inc. bought 1,750 shares of Alpine Income Property Trust stock. The stock was purchased at an average price of $17.84 per share, with a total value of $31,220.00.
  • On Monday, July 18th, Cto Realty Growth, Inc. bought 43 shares of Alpine Income Property Trust stock. The stock was purchased at an average price of $17.46 per share, with a total value of $750.78.
  • On Friday, July 15th, Cto Realty Growth, Inc. bought 522 shares of Alpine Income Property Trust stock. The stock was purchased at an average price of $17.31 per share, with a total value of $9,035.82.
  • On Wednesday, July 13th, Cto Realty Growth, Inc. purchased 715 shares of Alpine Income Property Trust stock. The stock was bought at an average cost of $17.43 per share, for a total transaction of $12,462.45.
  • On Monday, July 11th, Cto Realty Growth, Inc. purchased 514 shares of Alpine Income Property Trust stock. The stock was bought at an average cost of $17.33 per share, for a total transaction of $8,907.62.
  • On Thursday, July 7th, Cto Realty Growth, Inc. purchased 755 shares of Alpine Income Property Trust stock. The stock was bought at an average cost of $17.56 per share, for a total transaction of $13,257.80.
  • On Tuesday, July 5th, Cto Realty Growth, Inc. purchased 1,341 shares of Alpine Income Property Trust stock. The stock was bought at an average cost of $17.83 per share, for a total transaction of $23,910.03.

Alpine Income Property Trust Stock Down 1.8 %


NYSE PINE traded down $0.29 during trading on Thursday, reaching $16.05. 37,412 shares of the company's stock traded hands, compared to its average volume of 41,178. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.67 and a quick ratio of 3.67. The firm has a market cap of $190.47 million, a price-to-earnings ratio of 8.98, a price-to-earnings-growth ratio of 1.56 and a beta of 0.76. The company's 50 day simple moving average is $18.16 and its two-hundred day simple moving average is $18.30. Alpine Income Property Trust, Inc. has a 12-month low of $15.75 and a 12-month high of $21.07.

Alpine Income Property Trust (NYSE:PINE - Get Rating) last posted its earnings results on Thursday, July 21st. The company reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.64. Alpine Income Property Trust had a net margin of 61.20% and a return on equity of 10.36%. During the same quarter in the prior year, the business posted $0.38 EPS. As a group, sell-side analysts forecast that Alpine Income Property Trust, Inc. will post 1.7 EPS for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Monday, September 12th will be given a dividend of $0.275 per share. This is an increase from Alpine Income Property Trust's previous quarterly dividend of $0.27. The ex-dividend date is Friday, September 9th. This represents a $1.10 dividend on an annualized basis and a yield of 6.85%. Alpine Income Property Trust's dividend payout ratio (DPR) is 60.44%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its position in shares of Alpine Income Property Trust by 5.6% in the 1st quarter. Royal Bank of Canada now owns 11,410 shares of the company's stock worth $214,000 after buying an additional 610 shares during the last quarter. Strs Ohio grew its position in shares of Alpine Income Property Trust by 6.1% in the 2nd quarter. Strs Ohio now owns 11,779 shares of the company's stock worth $211,000 after buying an additional 681 shares during the last quarter. UBS Group AG grew its position in shares of Alpine Income Property Trust by 3.0% in the 1st quarter. UBS Group AG now owns 24,253 shares of the company's stock worth $455,000 after buying an additional 703 shares during the last quarter. Exchange Traded Concepts LLC grew its position in shares of Alpine Income Property Trust by 2.0% in the 2nd quarter. Exchange Traded Concepts LLC now owns 38,040 shares of the company's stock worth $682,000 after buying an additional 754 shares during the last quarter. Finally, Guardian Wealth Management Inc. grew its position in shares of Alpine Income Property Trust by 12.4% in the 1st quarter. Guardian Wealth Management Inc. now owns 9,537 shares of the company's stock worth $179,000 after buying an additional 1,051 shares during the last quarter. Hedge funds and other institutional investors own 55.57% of the company's stock.

Analyst Ratings Changes

Separately, Raymond James reduced their price target on shares of Alpine Income Property Trust from $23.00 to $21.00 and set an "outperform" rating on the stock in a research note on Tuesday, September 6th. One analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $21.33.

Alpine Income Property Trust Company Profile

(Get Rating)

Alpine Income Property Trust, Inc (NYSE: PINE) is a publicly traded real estate investment trust that acquires, owns and operates a portfolio of high-quality single-tenant net leased commercial income properties.

Featured Articles

Insider Buying and Selling by Quarter for Alpine Income Property Trust (NYSE:PINE)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Alpine Income Property Trust right now?

Before you consider Alpine Income Property Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alpine Income Property Trust wasn't on the list.

While Alpine Income Property Trust currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Free Email Newsletter

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

Most Read This Week

Recent Articles

Search Headlines:

Latest PodcastFed Raises Rates: 3 Stocks to Watch Newmont Mining, Walmart, AMC

Axel Merk, President and CIO of Merk Investments has three very different stocks he frames within the current market and economic conditions.

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.