FrontView REIT (NYSE:FVR) Earns Overweight Rating from Analysts at Capital One Financial

Capital One Financial began coverage on shares of FrontView REIT (NYSE:FVR) in a research report report published on Tuesday morning, MarketBeat Ratings reports. The brokerage issued an overweight rating and a $22.00 price objective on the stock.

Other research analysts also recently issued reports about the company. Bank of America initiated coverage on FrontView REIT in a report on Monday, October 28th. They set a “buy” rating and a $22.00 price target on the stock. Morgan Stanley initiated coverage on FrontView REIT in a report on Monday, October 28th. They set an “overweight” rating and a $23.00 price target on the stock. JPMorgan Chase & Co. initiated coverage on FrontView REIT in a report on Monday, October 28th. They set an “overweight” rating and a $21.00 price target on the stock. Finally, Wells Fargo & Company initiated coverage on FrontView REIT in a report on Monday, October 28th. They set an “overweight” rating and a $22.00 price target on the stock. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $22.00.

FrontView REIT Trading Down 2.4 %

FrontView REIT stock opened at $18.60 on Tuesday. FrontView REIT has a 12 month low of $18.25 and a 12 month high of $19.76.

FrontView REIT Dividend Announcement

The company also recently disclosed a — dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.215 per share. The ex-dividend date is Tuesday, December 31st.

Insider Activity at FrontView REIT

In other news, CEO Stephen Preston acquired 3,540 shares of FrontView REIT stock in a transaction that occurred on Tuesday, October 15th. The stock was bought at an average price of $18.74 per share, for a total transaction of $66,339.60. Following the completion of the transaction, the chief executive officer now owns 3,640 shares in the company, valued at $68,213.60. The trade was a 3,540.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Alyeska Investment Group, L.P. sold 336,246 shares of the company’s stock in a transaction dated Tuesday, October 8th. The stock was sold at an average price of $18.32, for a total value of $6,160,026.72. Following the completion of the sale, the insider now owns 1,467,012 shares of the company’s stock, valued at approximately $26,875,659.84. The trade was a 18.65 % decrease in their position. The disclosure for this sale can be found here.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.