FrontView REIT (NYSE:FVR) Research Coverage Started at Capital One Financial

Capital One Financial assumed 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 equities analysts have also issued reports about the stock. JPMorgan Chase & Co. started coverage on shares of FrontView REIT in a research report on Monday, October 28th. They issued an “overweight” rating and a $21.00 price objective for 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 target price on the stock. Wells Fargo & Company began coverage on shares of FrontView REIT in a research report on Monday, October 28th. They issued an “overweight” rating and a $22.00 price objective for the company. Finally, Morgan Stanley assumed coverage on FrontView REIT in a research report on Monday, October 28th. They set an “overweight” rating and a $23.00 target price on the stock. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $22.00.

FrontView REIT Trading Down 1.6 %

Shares of NYSE FVR traded down $0.30 during trading hours on Tuesday, hitting $18.75. 10,138 shares of the stock were exchanged, compared to its average volume of 262,495. FrontView REIT has a 12 month low of $18.25 and a 12 month high of $19.76.

Insider Buying and Selling

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

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.