Centersquare Investment Management LLC Decreases Stock Holdings in FrontView REIT, Inc. $FVR

Centersquare Investment Management LLC reduced its position in shares of FrontView REIT, Inc. (NYSE:FVR) by 48.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 94,290 shares of the company’s stock after selling 90,080 shares during the period. Centersquare Investment Management LLC owned about 0.44% of FrontView REIT worth $1,392,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Waterfall Asset Management LLC purchased a new stake in shares of FrontView REIT during the 3rd quarter worth $2,673,000. Principal Financial Group Inc. purchased a new stake in shares of FrontView REIT during the 3rd quarter worth $2,722,000. One Wealth Management Investment & Advisory Services LLC purchased a new stake in shares of FrontView REIT during the 4th quarter worth $2,442,000. SlateStone Wealth LLC purchased a new stake in shares of FrontView REIT during the 4th quarter worth $3,645,000. Finally, First Eagle Investment Management LLC purchased a new stake in shares of FrontView REIT during the 3rd quarter worth $411,000.

FrontView REIT Price Performance

Shares of NYSE:FVR opened at $19.61 on Friday. The company’s fifty day moving average price is $17.53 and its 200 day moving average price is $16.42. FrontView REIT, Inc. has a 12 month low of $10.81 and a 12 month high of $19.92. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.69 and a quick ratio of 0.69. The firm has a market capitalization of $444.19 million, a P/E ratio of -122.57, a P/E/G ratio of 0.96 and a beta of 1.23.

FrontView REIT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 4.4%. The ex-dividend date is Tuesday, June 30th. FrontView REIT’s dividend payout ratio (DPR) is currently -537.50%.

Analyst Ratings Changes

Several research firms have recently issued reports on FVR. BMO Capital Markets began coverage on shares of FrontView REIT in a research report on Friday, April 17th. They set an “outperform” rating and a $20.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on shares of FrontView REIT from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. JonesTrading reaffirmed a “buy” rating and set a $19.00 price objective on shares of FrontView REIT in a research report on Tuesday, June 2nd. B. Riley Financial started coverage on shares of FrontView REIT in a research note on Thursday, March 19th. They set a “buy” rating and a $20.50 price target on the stock. Finally, Weiss Ratings upgraded shares of FrontView REIT from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $18.28.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.