FrontView REIT (NYSE:FVR) Upgraded to “Strong-Buy” at Compass Point

FrontView REIT (NYSE:FVR) was upgraded by analysts at Compass Point to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other research analysts have also commented on the stock. BMO Capital Markets started coverage on shares of FrontView REIT in a report on Friday, April 17th. They issued an “outperform” rating and a $20.00 price target for the company. Zacks Research lowered shares of FrontView REIT from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. JonesTrading reaffirmed a “buy” rating and issued a $19.00 price target on shares of FrontView REIT in a report on Tuesday. B. Riley Financial started coverage on shares of FrontView REIT in a report on Thursday, March 19th. They issued a “buy” rating and a $20.50 price target for the company. Finally, Wells Fargo & Company lifted their price target on shares of FrontView REIT from $18.00 to $19.00 and gave the company an “overweight” rating in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, FrontView REIT has an average rating of “Moderate Buy” and an average target price of $17.81.

FrontView REIT Trading Up 1.4%

NYSE FVR opened at $18.18 on Monday. FrontView REIT has a one year low of $10.81 and a one year high of $18.49. The company has a 50-day simple moving average of $16.99 and a 200-day simple moving average of $16.15. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.69 and a current ratio of 0.69. The firm has a market capitalization of $411.66 million, a PE ratio of -113.59, a price-to-earnings-growth ratio of 0.88 and a beta of 1.23.

Institutional Trading of FrontView REIT

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in FrontView REIT by 14.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,040,076 shares of the company’s stock valued at $14,259,000 after purchasing an additional 133,067 shares during the last quarter. Millennium Management LLC lifted its position in 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 purchasing an additional 96,011 shares during the last quarter. Corient Private Wealth LLC lifted its position in FrontView REIT by 353.1% in the 4th quarter. Corient Private Wealth LLC now owns 760,883 shares of the company’s stock valued at $11,231,000 after purchasing an additional 592,940 shares during the last quarter. Citadel Advisors LLC lifted its position in FrontView REIT by 19.8% in the 3rd quarter. Citadel Advisors LLC now owns 548,790 shares of the company’s stock valued at $7,524,000 after purchasing an additional 90,715 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in FrontView REIT by 9.3% in the 4th quarter. Geode Capital Management LLC now owns 514,946 shares of the company’s stock valued at $7,602,000 after purchasing an additional 43,773 shares during the last quarter.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.