Clear Harbor Asset Management LLC Makes New $1.66 Million Investment in FrontView REIT, Inc. $FVR

Clear Harbor Asset Management LLC purchased a new stake in shares of FrontView REIT, Inc. (NYSE:FVR) in the 2nd quarter, HoldingsChannel reports. The firm purchased 82,060 shares of the company’s stock, valued at approximately $1,660,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FVR. OVERSEA CHINESE BANKING Corp Ltd purchased a new position in shares of FrontView REIT in the second quarter worth about $1,843,000. BlackRock Inc. bought a new stake in shares of FrontView REIT in the 2nd quarter valued at about $90,166,000. Deutsche Bank AG purchased a new stake in FrontView REIT during the 2nd quarter valued at about $425,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in FrontView REIT during the 2nd quarter valued at about $359,000. Finally, Bank of New York Mellon Corp bought a new position in FrontView REIT during the 2nd quarter worth approximately $1,541,000.

FrontView REIT Stock Performance

NYSE:FVR opened at $19.78 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.62. The firm’s fifty day simple moving average is $20.36 and its 200 day simple moving average is $18.13. The stock has a market cap of $483.82 million, a P/E ratio of 659.33, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08. FrontView REIT, Inc. has a twelve month low of $12.85 and a twelve month high of $22.29.

FrontView REIT (NYSE:FVR) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. FrontView REIT had a net margin of 2.10% and a return on equity of 0.29%. The business had revenue of $16.40 million during the quarter, compared to analyst estimates of $18.31 million. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. As a group, research analysts predict that FrontView REIT, Inc. will post 1.21 EPS for the current year.

FrontView REIT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.215 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.86 annualized dividend and a dividend yield of 4.3%. FrontView REIT’s payout ratio is currently 2,866.67%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FVR. Compass Point began coverage on FrontView REIT in a research note on Monday, June 1st. They issued a “buy” rating and a $21.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on FrontView REIT from $21.00 to $23.00 and gave the company a “neutral” rating in a research note on Tuesday, August 18th. Wolfe Research upgraded shares of FrontView REIT to a “strong-buy” rating in a report on Monday, June 29th. Morgan Stanley lifted their target price on shares of FrontView REIT from $18.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 8th. Finally, Wall Street Zen lowered shares of FrontView REIT from a “hold” rating to a “sell” rating in a report on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, FrontView REIT currently has a consensus rating of “Moderate Buy” and an average target price of $22.50.

FrontView REIT Profile

FrontView REIT specializes in real estate investing.