Property

Alpine Earnings Property Belief, Inc. (NYSE:PINE) Shares Offered by Foundry Companions LLC


Foundry Companions LLC trimmed its holdings in Alpine Earnings Property Belief, Inc. (NYSE:PINE – Get Ranking) by 2.0% within the first quarter, Holdings Channel.com studies. The fund owned 163,985 shares of the corporate’s inventory after promoting 3,300 shares in the course of the interval. Foundry Companions LLC’s holdings in Alpine Earnings Property Belief had been value $3,083,000 on the finish of the newest reporting interval.

Different hedge funds and different institutional traders have additionally modified their holdings of the corporate. State of Alaska Division of Income acquired a brand new stake in Alpine Earnings Property Belief within the 4th quarter valued at about $103,000. Guardian Wealth Administration Inc. acquired a brand new stake in Alpine Earnings Property Belief within the 4th quarter valued at about $170,000. Diligent Traders LLC bought a brand new stake in Alpine Earnings Property Belief in the course of the fourth quarter valued at about $208,000. Strs Ohio bought a brand new stake in Alpine Earnings Property Belief in the course of the fourth quarter valued at about $224,000. Lastly, Black Swift Group LLC lifted its stake in Alpine Earnings Property Belief by 11.2% in the course of the fourth quarter. Black Swift Group LLC now owns 12,175 shares of the corporate’s inventory valued at $244,000 after shopping for a further 1,225 shares within the final quarter. 55.94% of the inventory is owned by institutional traders.

In different Alpine Earnings Property Belief information, main shareholder Cto Realty Development, Inc. purchased 6,824 shares of the corporate’s inventory in a transaction dated Friday, June seventeenth. The shares had been purchased at a median value of $16.93 per share, for a complete transaction of $115,530.32. Following the acquisition, the insider now straight owns 913,082 shares of the corporate’s inventory, valued at $15,458,478.26. The acquisition was disclosed in a submitting with the Securities & Trade Fee, which is on the market on the SEC web site. Insiders purchased a complete of 55,658 shares of firm inventory value $1,001,046 within the final quarter. 0.50% of the inventory is owned by company insiders.

Individually, TheStreet lowered shares of Alpine Earnings Property Belief from a “c” ranking to a “d+” ranking in a analysis word on Friday, Could thirteenth. One analyst has rated the inventory with a maintain ranking and 4 have issued a purchase ranking to the corporate. In keeping with knowledge from MarketBeat.com, Alpine Earnings Property Belief has a median ranking of “Reasonable Purchase” and a median goal value of $20.70.

PINE inventory opened at $18.39 on Friday. The agency has a market capitalization of $217.55 million, a PE ratio of twenty-two.99, a P/E/G ratio of 1.80 and a beta of 0.82. Alpine Earnings Property Belief, Inc. has a one yr low of $16.61 and a one yr excessive of $21.07. The corporate has a present ratio of 0.74, a fast ratio of 0.74 and a debt-to-equity ratio of 1.34. The agency has a 50-day transferring common of $18.44 and a two-hundred day transferring common of $18.92.

Alpine Earnings Property Belief (NYSE:PINE – Get Ranking) final issued its earnings outcomes on Thursday, April twenty first. The corporate reported $0.06 earnings per share for the quarter, lacking analysts’ consensus estimates of $0.43 by ($0.37). Alpine Earnings Property Belief had a internet margin of 29.48% and a return on fairness of 4.58%. Throughout the identical interval final yr, the corporate posted $0.42 earnings per share. On common, equities analysis analysts anticipate that Alpine Earnings Property Belief, Inc. will put up 1.63 earnings per share for the present yr.

The agency additionally just lately introduced a quarterly dividend, which will likely be paid on Thursday, June thirtieth. Stockholders of report on Thursday, June ninth will likely be issued a $0.27 dividend. The ex-dividend date is Wednesday, June eighth. This represents a $1.08 dividend on an annualized foundation and a dividend yield of 5.87%. Alpine Earnings Property Belief’s dividend payout ratio is 135.00%.

Alpine Earnings Property Belief Profile (Get Ranking)

Alpine Earnings Property Belief, Inc (NYSE: PINE) is a publicly traded actual property funding belief that acquires, owns and operates a portfolio of high-quality single-tenant internet leased business earnings properties.

Advisable Tales

Need to see what different hedge funds are holding PINE? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Alpine Earnings Property Belief, Inc. (NYSE:PINE – Get Ranking).

Institutional Ownership by Quarter for Alpine Income Property Trust (NYSE:PINE)



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