Globeflex Capital L P Has $1.24 Million Stake in Alpine Income Property Trust, Inc. $PINE

Globeflex Capital L P grew its position in Alpine Income Property Trust, Inc. (NYSE:PINE) by 83.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,955 shares of the company’s stock after purchasing an additional 33,536 shares during the quarter. Globeflex Capital L P owned about 0.49% of Alpine Income Property Trust worth $1,237,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new position in shares of Alpine Income Property Trust in the third quarter valued at approximately $25,000. Key Capital Management INC acquired a new position in shares of Alpine Income Property Trust in the fourth quarter valued at approximately $38,000. Strs Ohio acquired a new position in shares of Alpine Income Property Trust in the first quarter valued at approximately $42,000. PNC Financial Services Group Inc. grew its position in shares of Alpine Income Property Trust by 74.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,097 shares of the company’s stock valued at $69,000 after purchasing an additional 1,746 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of Alpine Income Property Trust by 197.5% in the third quarter. BNP Paribas Financial Markets now owns 6,677 shares of the company’s stock valued at $95,000 after purchasing an additional 4,433 shares during the last quarter. Institutional investors and hedge funds own 60.50% of the company’s stock.

Alpine Income Property Trust Price Performance

Alpine Income Property Trust stock opened at $19.27 on Friday. The stock’s fifty day moving average price is $19.07 and its two-hundred day moving average price is $18.37. Alpine Income Property Trust, Inc. has a one year low of $13.10 and a one year high of $20.80. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.45 and a quick ratio of 2.45. The firm has a market cap of $318.34 million, a PE ratio of -214.09, a price-to-earnings-growth ratio of 1.27 and a beta of 0.56.

Alpine Income Property Trust (NYSE:PINE) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.The company had revenue of $18.41 million for the quarter, compared to the consensus estimate of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. As a group, research analysts expect that Alpine Income Property Trust, Inc. will post 2.14 EPS for the current fiscal year.

Alpine Income Property Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 11th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, June 11th. This represents a $1.20 annualized dividend and a dividend yield of 6.2%. Alpine Income Property Trust’s dividend payout ratio (DPR) is currently -1,333.33%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Zacks Research downgraded Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. JonesTrading restated a “buy” rating and set a $22.00 target price on shares of Alpine Income Property Trust in a research report on Friday, April 24th. 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 report on Tuesday, March 17th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Finally, iA Financial set a $21.00 price target on Alpine Income Property Trust in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.21.

Insider Activity

In related news, Director Andrew C. Richardson sold 1,500 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $19.39, for a total transaction of $29,085.00. Following the sale, the director owned 12,376 shares in the company, valued at approximately $239,970.64. This trade represents a 10.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last quarter, insiders have sold 7,750 shares of company stock worth $146,455. Company insiders own 0.60% of the company’s stock.

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.