Segall Bryant & Hamill LLC Acquires New Holdings in Alpine Income Property Trust, Inc. $PINE

Segall Bryant & Hamill LLC bought a new stake in Alpine Income Property Trust, Inc. (NYSE:PINE) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 47,038 shares of the company’s stock, valued at approximately $847,000. Segall Bryant & Hamill LLC owned about 0.28% of Alpine Income Property Trust at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Martingale Asset Management L P increased its position in shares of Alpine Income Property Trust by 3.2% during the fourth quarter. Martingale Asset Management L P now owns 16,217 shares of the company’s stock valued at $271,000 after acquiring an additional 500 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Alpine Income Property Trust by 13.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,649 shares of the company’s stock worth $84,000 after purchasing an additional 552 shares during the period. Deutsche Bank AG boosted its position in shares of Alpine Income Property Trust by 1.8% during the 4th quarter. Deutsche Bank AG now owns 32,366 shares of the company’s stock worth $541,000 after purchasing an additional 567 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Alpine Income Property Trust by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 38,731 shares of the company’s stock valued at $648,000 after purchasing an additional 663 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Alpine Income Property Trust by 5.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,396 shares of the company’s stock valued at $204,000 after purchasing an additional 788 shares during the last quarter. Hedge funds and other institutional investors own 60.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Stifel Nicolaus upped their price target on Alpine Income Property Trust from $21.50 to $22.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. JonesTrading boosted their price objective on Alpine Income Property Trust from $22.00 to $23.00 and gave the company a “buy” rating in a report on Friday, July 24th. Robert W. Baird reissued a “neutral” rating and set a $21.00 target price (up from $18.00) on shares of Alpine Income Property Trust in a research note on Monday, June 29th. Zacks Research cut Alpine Income Property Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Huntington began coverage on Alpine Income Property Trust in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $23.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Alpine Income Property Trust has a consensus rating of “Moderate Buy” and an average target price of $21.50.

Insider Activity

In other news, Director Andrew C. Richardson sold 3,000 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $19.35, for a total transaction of $58,050.00. Following the completion of the transaction, the director directly owned 14,376 shares of the company’s stock, valued at approximately $278,175.60. This represents a 17.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 9,832 shares of company stock worth $193,657. Corporate insiders own 0.60% of the company’s stock.

Alpine Income Property Trust Trading Down 0.3%

Shares of NYSE:PINE opened at $19.98 on Thursday. Alpine Income Property Trust, Inc. has a 52 week low of $13.10 and a 52 week high of $21.99. The company’s 50 day moving average is $20.17 and its two-hundred day moving average is $19.42. The company has a market cap of $351.98 million, a PE ratio of 105.14, a P/E/G ratio of 1.33 and a beta of 0.54. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 1.03.

Alpine Income Property Trust (NYSE:PINE) last released its quarterly earnings data on Thursday, July 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. The business had revenue of $20.00 million during the quarter, compared to analysts’ expectations of $18.85 million. Alpine Income Property Trust had a net margin of 9.36% and a return on equity of 2.11%. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. Equities analysts predict that Alpine Income Property Trust, Inc. will post 2.16 earnings per share for the current fiscal year.

Alpine Income Property Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.32 per share. This is a positive change from Alpine Income Property Trust’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.28 dividend on an annualized basis and a yield of 6.4%. Alpine Income Property Trust’s dividend payout ratio (DPR) is presently 673.68%.

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.