Heartland Advisors Inc. Has $9.81 Million Stake in Alpine Income Property Trust, Inc. $PINE

Heartland Advisors Inc. raised its holdings in Alpine Income Property Trust, Inc. (NYSE:PINE) by 25.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 692,400 shares of the company’s stock after buying an additional 138,770 shares during the period. Heartland Advisors Inc. owned about 4.89% of Alpine Income Property Trust worth $9,811,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in PINE. GSA Capital Partners LLP increased its holdings in shares of Alpine Income Property Trust by 52.7% during the 3rd quarter. GSA Capital Partners LLP now owns 26,397 shares of the company’s stock worth $374,000 after acquiring an additional 9,106 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Alpine Income Property Trust by 0.7% in the third quarter. Vanguard Group Inc. now owns 772,504 shares of the company’s stock valued at $10,946,000 after purchasing an additional 5,681 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Alpine Income Property Trust by 5.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,396 shares of the company’s stock worth $204,000 after buying an additional 788 shares during the last quarter. Alps Advisors Inc. boosted its holdings in shares of Alpine Income Property Trust by 23.1% during the 3rd quarter. Alps Advisors Inc. now owns 21,217 shares of the company’s stock worth $301,000 after buying an additional 3,984 shares during the period. Finally, Penserra Capital Management LLC grew its stake in Alpine Income Property Trust by 3.5% in the 3rd quarter. Penserra Capital Management LLC now owns 71,246 shares of the company’s stock valued at $1,009,000 after buying an additional 2,403 shares during the last quarter. 60.50% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on PINE shares. Zacks Research upgraded shares of Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. iA Financial set a $21.00 price target on Alpine Income Property Trust in a report on Friday, February 6th. B. Riley Financial restated a “buy” rating on shares of Alpine Income Property Trust in a research note on Thursday, February 5th. Alliance Global Partners reiterated a “buy” rating on shares of Alpine Income Property Trust in a research report on Friday, February 6th. Finally, Wall Street Zen raised shares of Alpine Income Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $19.70.

Alpine Income Property Trust Trading Up 2.3%

Shares of Alpine Income Property Trust stock opened at $20.58 on Tuesday. The company has a quick ratio of 4.95, a current ratio of 4.95 and a debt-to-equity ratio of 1.25. Alpine Income Property Trust, Inc. has a 12-month low of $13.10 and a 12-month high of $20.80. The company has a market capitalization of $310.52 million, a price-to-earnings ratio of -89.47, a PEG ratio of 1.40 and a beta of 0.59. The firm’s 50-day moving average price is $17.57 and its two-hundred day moving average price is $15.91.

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

Alpine Income Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be given a $0.30 dividend. This is a boost from Alpine Income Property Trust’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Thursday, March 12th. Alpine Income Property Trust’s dividend payout ratio (DPR) is presently -495.65%.

Alpine Income Property Trust Company 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.