Two Sigma Advisers LP Acquires Shares of 48,100 FrontView REIT, Inc. (NYSE:FVR)

Two Sigma Advisers LP purchased a new stake in FrontView REIT, Inc. (NYSE:FVR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 48,100 shares of the company's stock, valued at approximately $872,000. Two Sigma Advisers LP owned approximately 0.30% of FrontView REIT as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the business. Summit Investment Advisors Inc. purchased a new position in FrontView REIT during the fourth quarter valued at approximately $27,000. Tower Research Capital LLC TRC bought a new stake in FrontView REIT during the 4th quarter valued at $34,000. Quantbot Technologies LP purchased a new position in shares of FrontView REIT in the 4th quarter valued at $114,000. SG Americas Securities LLC bought a new position in shares of FrontView REIT in the 4th quarter worth $119,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of FrontView REIT during the 4th quarter worth $121,000.

Analyst Ratings Changes

Several research firms have issued reports on FVR. Wells Fargo & Company cut their target price on FrontView REIT from $19.00 to $17.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Bank of America downgraded 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. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, FrontView REIT has an average rating of "Moderate Buy" and a consensus target price of $19.40.

Insider Buying and Selling

In other news, CEO Randall Starr acquired 3,716 shares of the business's stock in a transaction dated Tuesday, March 25th. The shares were acquired at an average cost of $13.34 per share, with a total value of $49,571.44. Following the completion of the acquisition, the chief executive officer now owns 3,716 shares of the company's stock, valued at approximately $49,571.44. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 4.30% of the stock is currently owned by company insiders.

FrontView REIT Trading Up 1.5%

FrontView REIT stock traded up $0.17 during midday trading on Thursday, reaching $11.42. The company's stock had a trading volume of 45,812 shares, compared to its average volume of 185,893. FrontView REIT, Inc. has a 52-week low of $10.61 and a 52-week high of $19.76. The stock's 50-day simple moving average is $11.87 and its 200-day simple moving average is $15.42.

FrontView REIT (NYSE:FVR - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $15.51 million for the quarter, compared to analyst estimates of $15.45 million. On average, research analysts anticipate that FrontView REIT, Inc. will post 1.22 EPS for the current fiscal year.

FrontView REIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 7.53%. The ex-dividend date is Monday, June 30th.

About FrontView REIT

FrontView REIT specializes in real estate investing.