21,703 Shares in FrontView REIT, Inc. (NYSE:FVR) Acquired by Barclays PLC

Barclays PLC purchased a new position in shares of FrontView REIT, Inc. (NYSE:FVR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,703 shares of the company's stock, valued at approximately $393,000. Barclays PLC owned 0.14% of FrontView REIT as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Summit Investment Advisors Inc. purchased a new stake in shares of FrontView REIT during the fourth quarter valued at approximately $27,000. Nisa Investment Advisors LLC bought a new stake in shares of FrontView REIT in the fourth quarter worth about $73,000. Quantbot Technologies LP purchased a new position in shares of FrontView REIT during the fourth quarter valued at approximately $114,000. SG Americas Securities LLC purchased a new position in FrontView REIT in the 4th quarter worth approximately $119,000. Finally, State of Alaska Department of Revenue bought a new stake in FrontView REIT in the 4th quarter worth approximately $121,000.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Bank of America lowered shares of FrontView REIT from a "buy" rating to a "neutral" rating and set a $15.00 price objective on the stock. in a research report on Tuesday, May 6th. Wells Fargo & Company reduced their target price on shares of FrontView REIT from $19.00 to $17.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $19.40.

Insider Buying and Selling

In other FrontView REIT news, CEO Randall Starr purchased 3,716 shares of the firm's stock in a transaction on Tuesday, March 25th. The stock was purchased at an average cost of $13.34 per share, for a total transaction of $49,571.44. Following the transaction, the chief executive officer now owns 3,716 shares in the company, valued at $49,571.44. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

FrontView REIT Trading Up 1.0%

NYSE:FVR traded up $0.12 on Tuesday, hitting $12.12. The stock had a trading volume of 220,970 shares, compared to its average volume of 249,093. The business's 50-day simple moving average is $12.81 and its two-hundred day simple moving average is $16.25. FrontView REIT, Inc. has a 52-week low of $10.61 and a 52-week high of $19.76.

FrontView REIT (NYSE:FVR - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.02). The firm had revenue of $15.51 million during the quarter, compared to analyst estimates of $15.45 million. Analysts expect that FrontView REIT, Inc. will post 1.22 EPS for the current year.

FrontView REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 7.10%. The ex-dividend date of this dividend was Monday, March 31st.

About FrontView REIT

FrontView REIT specializes in real estate investing.