Clear Harbor Asset Management LLC acquired a new stake in shares of FrontView REIT, Inc. (NYSE:FVR – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 82,060 shares of the company’s stock, valued at approximately $1,660,000. Clear Harbor Asset Management LLC owned 0.36% of FrontView REIT as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in FrontView REIT in the 2nd quarter worth about $90,166,000. Vanguard Group Inc. boosted its position in shares of FrontView REIT by 14.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,040,076 shares of the company’s stock valued at $14,259,000 after acquiring an additional 133,067 shares during the last quarter. Millennium Management LLC grew its holdings in shares of FrontView REIT by 12.9% during the first quarter. Millennium Management LLC now owns 841,993 shares of the company’s stock worth $10,769,000 after purchasing an additional 96,011 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of FrontView REIT by 353.1% during the fourth quarter. Corient Private Wealth LLC now owns 760,883 shares of the company’s stock worth $11,231,000 after purchasing an additional 592,940 shares in the last quarter. Finally, Citadel Advisors LLC increased its position in shares of FrontView REIT by 19.8% in the third quarter. Citadel Advisors LLC now owns 548,790 shares of the company’s stock worth $7,524,000 after purchasing an additional 90,715 shares during the last quarter.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on FVR shares. Morgan Stanley raised their target price on shares of FrontView REIT from $18.00 to $21.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. Huntington assumed coverage on shares of FrontView REIT in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $22.50 price target for the company. BMO Capital Markets increased their price target on shares of FrontView REIT from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Wall Street Zen cut shares of FrontView REIT from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, JonesTrading reaffirmed a “buy” rating and set a $21.00 price objective on shares of FrontView REIT in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $22.50.
FrontView REIT Price Performance
Shares of FrontView REIT stock opened at $19.78 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $483.82 million, a PE ratio of 659.33, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08. The business’s 50-day moving average price is $20.36 and its 200-day moving average price is $18.13. FrontView REIT, Inc. has a 12 month low of $12.85 and a 12 month high of $22.29.
FrontView REIT (NYSE:FVR – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The company had revenue of $16.40 million during the quarter, compared to the consensus estimate of $18.31 million. FrontView REIT had a return on equity of 0.29% and a net margin of 2.10%.FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. Sell-side analysts forecast that FrontView REIT, Inc. will post 1.21 EPS for the current fiscal year.
FrontView REIT Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.215 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.86 annualized dividend and a dividend yield of 4.3%. FrontView REIT’s dividend payout ratio (DPR) is 2,866.67%.
FrontView REIT Profile
FrontView REIT specializes in real estate investing.
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