Wellington Management Group LLP Buys Shares of 53,605 FrontView REIT, Inc. $FVR

Wellington Management Group LLP purchased a new stake in FrontView REIT, Inc. (NYSE:FVR) during the second quarter, according to its most recent filing with the SEC. The firm purchased 53,605 shares of the company’s stock, valued at approximately $1,084,000. Wellington Management Group LLP owned 0.22% of FrontView REIT at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in FVR. Millennium Management LLC raised its holdings in FrontView REIT by 12.9% in the first quarter. Millennium Management LLC now owns 841,993 shares of the company’s stock worth $10,769,000 after purchasing an additional 96,011 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of FrontView REIT in the 1st quarter worth approximately $174,000. Strs Ohio bought a new position in shares of FrontView REIT during the 1st quarter worth approximately $35,000. Geode Capital Management LLC lifted its position in FrontView REIT by 23.1% during the second quarter. Geode Capital Management LLC now owns 408,633 shares of the company’s stock valued at $4,904,000 after acquiring an additional 76,619 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in FrontView REIT by 8.4% in the second quarter. Rhumbline Advisers now owns 16,688 shares of the company’s stock valued at $200,000 after acquiring an additional 1,288 shares in the last quarter.

FrontView REIT Stock Performance

NYSE FVR opened at $18.41 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.57 and a quick ratio of 0.57. The stock’s 50 day simple moving average is $20.14 and its 200-day simple moving average is $18.44. The company has a market cap of $450.21 million, a PE ratio of 613.63, a price-to-earnings-growth ratio of 1.34 and a beta of 1.04. FrontView REIT, Inc. has a 1-year low of $12.89 and a 1-year high of $22.29.

FrontView REIT (NYSE:FVR) last issued its quarterly earnings results 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 return on equity of 0.29% and a net margin of 2.10%.The firm had revenue of $16.40 million during the quarter, compared to analysts’ expectations of $18.31 million. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. As a group, equities research analysts anticipate that FrontView REIT, Inc. will post 1.2 EPS for the current fiscal year.

FrontView REIT Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 4.7%. FrontView REIT’s payout ratio is presently 2,866.67%.

Wall Street Analysts Forecast Growth

FVR has been the topic of several research analyst reports. Compass Point assumed coverage on FrontView REIT in a research note on Monday, June 1st. They set a “buy” rating and a $21.00 target price on the stock. Weiss Ratings upgraded shares of FrontView REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. B. Riley Financial upped their price target on shares of FrontView REIT from $20.50 to $24.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. JPMorgan Chase & Co. upped their price objective on FrontView REIT from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 18th. Finally, Citigroup reiterated a “buy” rating on shares of FrontView REIT in a research report on Wednesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $22.50.

FrontView REIT Profile

FrontView REIT specializes in real estate investing.