113,415 Shares in FrontView REIT, Inc. $FVR Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC acquired a new stake in FrontView REIT, Inc. (NYSE:FVR) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 113,415 shares of the company’s stock, valued at approximately $1,361,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of FVR. Cbre Investment Management Listed Real Assets LLC lifted its position in shares of FrontView REIT by 9.9% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 765,666 shares of the company’s stock worth $9,793,000 after purchasing an additional 69,250 shares during the last quarter. Nuveen LLC purchased a new position in FrontView REIT in the 1st quarter worth about $243,000. Centersquare Investment Management LLC increased its stake in FrontView REIT by 87.8% in the 1st quarter. Centersquare Investment Management LLC now owns 164,484 shares of the company’s stock worth $2,104,000 after buying an additional 76,894 shares during the period. CWM LLC increased its stake in FrontView REIT by 18,067.6% in the 2nd quarter. CWM LLC now owns 6,722 shares of the company’s stock worth $81,000 after buying an additional 6,685 shares during the period. Finally, Invesco Ltd. bought a new stake in FrontView REIT during the 1st quarter valued at about $704,000.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. upped their target price on shares of FrontView REIT from $12.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, September 22nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of FrontView REIT in a report on Wednesday, October 8th. Zacks Research upgraded FrontView REIT from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Finally, Wall Street Zen lowered FrontView REIT from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $14.13.

Insiders Place Their Bets

In related news, Director Elizabeth F. Frank acquired 2,808 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The shares were bought at an average price of $12.44 per share, with a total value of $34,931.52. Following the completion of the transaction, the director directly owned 5,177 shares in the company, valued at $64,401.88. This trade represents a 118.53% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.30% of the stock is currently owned by insiders.

FrontView REIT Stock Up 0.1%

FrontView REIT stock opened at $13.63 on Thursday. 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 firm has a market cap of $278.89 million and a P/E ratio of -12.74. The business has a fifty day moving average of $13.64 and a two-hundred day moving average of $12.65. FrontView REIT, Inc. has a twelve month low of $10.61 and a twelve month high of $19.72.

FrontView REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Wednesday, December 31st. FrontView REIT’s dividend payout ratio is -80.37%.

About FrontView REIT

FrontView REIT specializes in real estate investing.