52,100 Shares in FrontView REIT, Inc. (NYSE:FVR) Acquired by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC bought a new stake in FrontView REIT, Inc. (NYSE:FVR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 52,100 shares of the company's stock, valued at approximately $945,000. Schonfeld Strategic Advisors LLC owned 0.32% of FrontView REIT at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Cbre Investment Management Listed Real Assets LLC purchased a new stake in shares of FrontView REIT in the fourth quarter valued at $12,626,000. Federated Hermes Inc. bought a new position in shares of FrontView REIT in the fourth quarter worth about $8,702,000. abrdn plc bought a new position in shares of FrontView REIT in the fourth quarter worth about $7,268,000. Geode Capital Management LLC bought a new position in shares of FrontView REIT in the fourth quarter worth about $5,869,000. Finally, Burkehill Global Management LP bought a new position in shares of FrontView REIT in the fourth quarter worth about $5,439,000.

FrontView REIT Trading Up 1.5%

NYSE FVR traded up $0.18 during trading on Monday, reaching $12.02. 172,776 shares of the company's stock traded hands, compared to its average volume of 249,278. The company's 50 day simple moving average is $12.90 and its two-hundred day simple moving average is $16.30. FrontView REIT, Inc. has a 12-month low of $10.61 and a 12-month high of $19.76.

FrontView REIT (NYSE:FVR - Get Free Report) last posted its earnings results on Wednesday, March 19th. The company reported $0.27 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. Equities analysts forecast that FrontView REIT, Inc. will post 1.22 EPS for the current fiscal year.

FrontView REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 7.16%. The ex-dividend date of this dividend was Monday, March 31st.

Insider Transactions at FrontView REIT

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 purchased at an average price of $13.34 per share, with a total value of $49,571.44. Following the transaction, the chief executive officer now directly owns 3,716 shares in the company, valued at approximately $49,571.44. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Analyst Upgrades and Downgrades

FVR has been the topic of a number of research analyst reports. Wells Fargo & Company cut their price target on shares of FrontView REIT from $19.00 to $17.00 and set an "overweight" rating on the stock in a report 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 price target on the stock. in a report 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 stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $19.40.

About FrontView REIT

FrontView REIT specializes in real estate investing.