Two Sigma Investments LP Buys Shares of 94,120 FrontView REIT, Inc. (NYSE:FVR)

Two Sigma Investments LP bought a new stake in FrontView REIT, Inc. (NYSE:FVR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 94,120 shares of the company's stock, valued at approximately $1,706,000. Two Sigma Investments LP owned 0.59% of FrontView REIT as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Alyeska Investment Group L.P. acquired a new stake in shares of FrontView REIT in the 4th quarter valued at about $26,597,000. Citadel Advisors LLC acquired a new stake in shares of FrontView REIT in the 4th quarter valued at about $15,410,000. Millennium Management LLC acquired a new stake in shares of FrontView REIT in the 4th quarter valued at about $13,525,000. Cbre Investment Management Listed Real Assets LLC acquired a new stake in shares of FrontView REIT in the 4th quarter valued at about $12,626,000. Finally, Janus Henderson Group PLC acquired a new stake in shares of FrontView REIT in the 4th quarter valued at about $11,916,000.

Insider Buying and Selling at FrontView REIT

In other FrontView REIT news, CEO Randall Starr bought 3,716 shares of FrontView REIT stock in a transaction on Tuesday, March 25th. The stock was bought at an average price 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 in the company, valued at $49,571.44. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 4.30% of the stock is owned by corporate insiders.

FrontView REIT Price Performance

Shares of NYSE FVR traded down $0.17 during mid-day trading on Wednesday, hitting $11.22. 158,656 shares of the company were exchanged, compared to its average volume of 247,534. The stock has a 50 day simple moving average of $11.90 and a 200-day simple moving average of $15.44. FrontView REIT, Inc. has a 1-year low of $10.61 and a 1-year high of $19.76.

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 for the quarter, missing the consensus estimate of $0.29 by ($0.02). The company had revenue of $15.51 million during the quarter, compared to analysts' expectations of $15.45 million. Sell-side analysts forecast that FrontView REIT, Inc. will post 1.22 EPS for the current year.

FrontView REIT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 7.66%. The ex-dividend date of this dividend is Monday, June 30th.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Wells Fargo & Company decreased their price objective on FrontView REIT from $19.00 to $17.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. Bank of America downgraded FrontView REIT from a "buy" rating to a "neutral" rating and set a $15.00 price target for the company. in a report on Tuesday, May 6th. One investment 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, the stock has an average rating of "Moderate Buy" and an average target price of $19.40.

About FrontView REIT

FrontView REIT specializes in real estate investing.