87,590 Shares in FrontView REIT, Inc. (NYSE:FVR) Bought by Centersquare Investment Management LLC

Centersquare Investment Management LLC bought a new stake in FrontView REIT, Inc. (NYSE:FVR) in the fourth quarter, HoldingsChannel reports. The fund bought 87,590 shares of the company’s stock, valued at approximately $1,588,000.

Other large investors also recently modified their holdings of the company. Nisa Investment Advisors LLC bought a new position in shares of FrontView REIT during the 4th quarter valued at about $73,000. Quantbot Technologies LP acquired a new stake in FrontView REIT during the 4th quarter worth approximately $114,000. SG Americas Securities LLC acquired a new stake in FrontView REIT during the 4th quarter worth approximately $119,000. State of Alaska Department of Revenue bought a new position in FrontView REIT in the fourth quarter valued at approximately $121,000. Finally, Corebridge Financial Inc. acquired a new position in shares of FrontView REIT in the fourth quarter valued at approximately $130,000.

Wall Street Analyst Weigh In

FVR has been the topic of a number of research analyst reports. Wells Fargo & Company dropped their price objective on shares of FrontView REIT from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Friday, March 14th. Morgan Stanley lowered their target price on FrontView REIT from $23.00 to $22.00 and set an “overweight” rating for the company in a report on Friday, January 3rd. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $21.20.

Insider Buying and Selling

In related news, CEO Randall Starr purchased 3,716 shares of the stock in a transaction on Tuesday, March 25th. The shares were purchased at an average price of $13.34 per share, with a total value of $49,571.44. Following the transaction, the chief executive officer now directly owns 3,716 shares of the company’s stock, valued at $49,571.44. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

FrontView REIT Price Performance

Shares of FVR opened at $12.05 on Friday. FrontView REIT, Inc. has a twelve month low of $11.93 and a twelve month high of $19.76. The business’s 50 day simple moving average is $15.92.

FrontView REIT (NYSE:FVR) last released its earnings results on Wednesday, March 19th. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.02). The company had revenue of $15.51 million for the quarter, compared to analyst estimates of $15.45 million. As a group, sell-side analysts expect that FrontView REIT, Inc. will post 1.22 EPS for the current fiscal year.

FrontView REIT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 7.14%. The ex-dividend date is Monday, March 31st.

FrontView REIT Profile

FrontView REIT specializes in real estate investing.