25,505 Shares in FrontView REIT, Inc. (NYSE:FVR) Acquired by Point72 Asset Management L.P.

Point72 Asset Management L.P. bought a new position in FrontView REIT, Inc. (NYSE:FVR - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 25,505 shares of the company's stock, valued at approximately $462,000. Point72 Asset Management L.P. owned approximately 0.16% of FrontView REIT as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Nisa Investment Advisors LLC purchased a new position in FrontView REIT during the fourth quarter valued at approximately $73,000. SG Americas Securities LLC acquired a new position in shares of FrontView REIT in the 4th quarter valued at $119,000. Exchange Traded Concepts LLC acquired a new position in shares of FrontView REIT in the 4th quarter valued at $535,000. abrdn plc acquired a new position in shares of FrontView REIT in the 4th quarter valued at $7,268,000. Finally, State of Alaska Department of Revenue acquired a new position in shares of FrontView REIT in the 4th quarter valued at $121,000.

FrontView REIT Price Performance

Shares of FrontView REIT stock traded down $0.05 during trading hours on Wednesday, reaching $11.36. 131,207 shares of the company's stock were exchanged, compared to its average volume of 184,662. FrontView REIT, Inc. has a 1 year low of $10.61 and a 1 year high of $19.76. The business has a fifty day moving average of $12.08 and a two-hundred day moving average of $15.71.

FrontView REIT (NYSE:FVR - Get Free Report) last announced its quarterly earnings data on Wednesday, March 19th. The company reported $0.27 earnings per share (EPS) 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 analysts' expectations of $15.45 million. On average, equities analysts anticipate that FrontView REIT, Inc. will post 1.22 EPS for the current fiscal year.

FrontView REIT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 7.57%. The ex-dividend date is Monday, June 30th.

Insiders Place Their Bets

In other FrontView REIT news, CEO Randall Starr acquired 3,716 shares of the stock in a transaction dated Tuesday, March 25th. The stock was acquired at an average price of $13.34 per share, with a total value of $49,571.44. Following the completion of the purchase, the chief executive officer now owns 3,716 shares in the company, valued at $49,571.44. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 4.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on FVR. Wells Fargo & Company decreased their target price on shares of FrontView REIT from $19.00 to $17.00 and set an "overweight" rating for the company in a research note on Friday, April 11th. Bank of America cut shares of FrontView REIT from a "buy" rating to a "neutral" rating and set a $15.00 target price for the company. in a research note on Tuesday, May 6th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $19.40.

FrontView REIT Profile

FrontView REIT specializes in real estate investing.