FrontView REIT (NYSE:FVR) Upgraded at Wall Street Zen

Key Points

• FrontView REIT has been upgraded from a "sell" to a "hold" rating by Wall Street Zen, reflecting a shift in analysts' perspectives on the stock's performance.
• Other analysts have varied ratings on the stock, with Zacks Research upgrading it to a "strong-buy" and Morgan Stanley downgrading it to "equal weight" with a price target of $13.50.
• Insider activity includes Director Elizabeth F. Frank acquiring 2,808 shares of FrontView REIT, increasing her ownership by over 118%.

FrontView REIT (NYSE:FVR - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a report issued on Saturday.

A number of other research analysts also recently weighed in on FVR. Zacks Research raised FrontView REIT from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 15th. Morgan Stanley downgraded FrontView REIT from an "overweight" rating to an "equal weight" rating and set a $13.50 price target on the stock. in a research note on Friday, July 11th. JPMorgan Chase & Co. increased their price target on FrontView REIT from $12.00 to $15.00 and gave the company a "neutral" rating in a research note on Monday, September 22nd. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of FrontView REIT in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, FrontView REIT presently has a consensus rating of "Hold" and a consensus target price of $15.70.

FrontView REIT Stock Performance

FVR stock opened at $14.24 on Friday. The business's fifty day moving average is $13.60 and its 200-day moving average is $12.52. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.63. The company has a market cap of $291.35 million and a P/E ratio of -13.31. FrontView REIT has a twelve month low of $10.61 and a twelve month high of $19.75.

Insider Activity at FrontView REIT

In other news, Director Elizabeth F. Frank acquired 2,808 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was acquired at an average price of $12.44 per share, for a total transaction of $34,931.52. Following the transaction, the director directly owned 5,177 shares in the company, valued at approximately $64,401.88. This represents a 118.53% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 4.30% of the stock is currently owned by corporate insiders.

Institutional Trading of FrontView REIT

A number of large investors have recently made changes to their positions in the company. Millennium Management LLC increased its position in shares of FrontView REIT by 12.9% in the 1st quarter. Millennium Management LLC now owns 841,993 shares of the company's stock valued at $10,769,000 after buying an additional 96,011 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC increased its position in shares of FrontView REIT by 9.9% in the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 765,666 shares of the company's stock valued at $9,793,000 after buying an additional 69,250 shares in the last quarter. Geode Capital Management LLC increased its position in shares of FrontView REIT by 23.1% in the 2nd quarter. Geode Capital Management LLC now owns 408,633 shares of the company's stock valued at $4,904,000 after buying an additional 76,619 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of FrontView REIT by 628.9% in the 2nd quarter. Corient Private Wealth LLC now owns 166,942 shares of the company's stock valued at $2,003,000 after buying an additional 144,040 shares in the last quarter. Finally, Centersquare Investment Management LLC increased its holdings in FrontView REIT by 87.8% during the 1st quarter. Centersquare Investment Management LLC now owns 164,484 shares of the company's stock worth $2,104,000 after purchasing an additional 76,894 shares in the last quarter.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.

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