Alpine Income Property Trust (NYSE:PINE) Rating Lowered to “Hold” at Robert W. Baird

Alpine Income Property Trust (NYSE:PINE) was downgraded by analysts at Robert W. Baird from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other analysts also recently weighed in on PINE. Stifel Nicolaus set a $21.50 price target on shares of Alpine Income Property Trust in a report on Friday, April 24th. Weiss Ratings restated a “hold (c-)” rating on shares of Alpine Income Property Trust in a report on Friday, April 24th. Truist Financial cut their price objective on shares of Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. JonesTrading reiterated a “buy” rating and issued a $22.00 target price on shares of Alpine Income Property Trust in a research note on Friday, April 24th. Finally, Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a research report on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $20.31.

Alpine Income Property Trust Stock Performance

PINE opened at $20.69 on Monday. The firm has a market capitalization of $341.77 million, a P/E ratio of -229.84, a price-to-earnings-growth ratio of 1.42 and a beta of 0.56. The stock’s 50 day moving average price is $19.49 and its two-hundred day moving average price is $18.73. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 1.08. Alpine Income Property Trust has a 12-month low of $13.10 and a 12-month high of $21.32.

Alpine Income Property Trust (NYSE:PINE) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.02). The business had revenue of $18.41 million during the quarter, compared to the consensus estimate of $17.62 million. Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. On average, equities analysts forecast that Alpine Income Property Trust will post 2.14 earnings per share for the current year.

Insider Buying and Selling at Alpine Income Property Trust

In other news, Director Andrew C. Richardson sold 2,832 shares of Alpine Income Property Trust stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $19.96, for a total transaction of $56,526.72. Following the sale, the director directly owned 9,544 shares in the company, valued at approximately $190,498.24. The trade was a 22.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 7,832 shares of company stock worth $153,097. 0.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PINE. Jane Street Group LLC grew its stake in shares of Alpine Income Property Trust by 55.9% in the 1st quarter. Jane Street Group LLC now owns 22,479 shares of the company’s stock valued at $376,000 after purchasing an additional 8,061 shares during the period. Strs Ohio bought a new position in shares of Alpine Income Property Trust during the 1st quarter worth approximately $42,000. Geode Capital Management LLC boosted its stake in Alpine Income Property Trust by 5.8% in the 2nd quarter. Geode Capital Management LLC now owns 327,734 shares of the company’s stock valued at $4,822,000 after buying an additional 17,947 shares in the last quarter. Rhumbline Advisers boosted its stake in Alpine Income Property Trust by 36.5% in the 2nd quarter. Rhumbline Advisers now owns 28,181 shares of the company’s stock valued at $415,000 after buying an additional 7,529 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in Alpine Income Property Trust by 42.3% in the 2nd quarter. Hsbc Holdings PLC now owns 27,866 shares of the company’s stock valued at $412,000 after buying an additional 8,278 shares in the last quarter. Institutional investors own 60.50% 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.