FrontView REIT, Inc. $FVR Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP reduced its FrontView REIT stake by 11.5% in the second quarter, selling 80,732 shares and retaining 620,069 shares valued at approximately $12.5 million.
• Analyst sentiment remains generally positive, with FrontView REIT holding a consensus “Moderate Buy” rating and an average price target of $22.50, despite one recent downgrade to “sell.”
• FrontView REIT reported quarterly EPS of $0.03, exceeding estimates, and declared a quarterly dividend of $0.215, equivalent to an annualized yield of approximately 4.7%.

Corient Private Wealth LP trimmed its holdings in FrontView REIT, Inc. (NYSE:FVR - Free Report) by 11.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 620,069 shares of the company's stock after selling 80,732 shares during the quarter. Corient Private Wealth LP owned approximately 2.54% of FrontView REIT worth $12,544,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Resona Asset Management Co. Ltd. grew its position in FrontView REIT by 16.5% during the 4th quarter. Resona Asset Management Co. Ltd. now owns 9,501 shares of the company's stock worth $143,000 after purchasing an additional 1,348 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of FrontView REIT in the second quarter valued at about $43,000. Avalon Trust Co acquired a new stake in shares of FrontView REIT during the second quarter worth about $48,000. Nomura Asset Management Co. Ltd. boosted its stake in shares of FrontView REIT by 17.8% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 33,100 shares of the company's stock worth $489,000 after buying an additional 5,000 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in shares of FrontView REIT by 19.7% during the first quarter. Renaissance Technologies LLC now owns 30,400 shares of the company's stock worth $470,000 after buying an additional 5,000 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on FVR shares. Morgan Stanley boosted their price target on FrontView REIT from $18.00 to $21.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 8th. B. Riley Financial increased their price objective on FrontView REIT from $20.50 to $24.00 and gave the stock a "buy" rating in a research report on Wednesday, June 24th. Wall Street Zen downgraded FrontView REIT from a "hold" rating to a "sell" rating in a research note on Saturday, August 22nd. Wolfe Research raised FrontView REIT to a "strong-buy" rating in a report on Monday, June 29th. Finally, Raymond James Financial reaffirmed a "strong-buy" rating and set a $23.00 price target on shares of FrontView REIT in a report on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.50.

FrontView REIT Price Performance

Shares of NYSE FVR opened at $18.20 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.57 and a current ratio of 0.57. FrontView REIT, Inc. has a one year low of $12.89 and a one year high of $22.29. The firm has a market capitalization of $445.12 million, a P/E ratio of 606.60, a PEG ratio of 1.30 and a beta of 1.04. The company's fifty day moving average is $20.04 and its two-hundred day moving average is $18.48.

FrontView REIT (NYSE:FVR - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.02. The business had revenue of $16.40 million during the quarter, compared to the consensus estimate of $18.31 million. FrontView REIT had a net margin of 2.10% and a return on equity of 0.29%. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. Analysts forecast that FrontView REIT, Inc. will post 1.2 EPS for the current fiscal year.

FrontView REIT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.215 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.7%. FrontView REIT's dividend payout ratio is currently 2,866.67%.

About FrontView REIT

FrontView REIT, Inc is a real estate investment trust that owns and manages a portfolio of necessity-based, service-oriented retail properties in the United States. The company focuses primarily on properties located in high-traffic areas and occupied by tenants that provide essential goods and services, including healthcare, automotive services, convenience retail, and other everyday-use businesses.

FrontView's properties are generally positioned in prominent locations with convenient access and visibility.

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