First Eagle Investment Management LLC Acquires Shares of 30,000 FrontView REIT, Inc. $FVR

First Eagle Investment Management LLC purchased a new position in shares of FrontView REIT, Inc. (NYSE:FVR) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,000 shares of the company’s stock, valued at approximately $411,000.

Several other large investors have also recently bought and sold shares of FVR. Principal Financial Group Inc. purchased a new position in shares of FrontView REIT in the 3rd quarter valued at about $2,722,000. Waterfall Asset Management LLC acquired a new position in shares of FrontView REIT during the 3rd quarter worth approximately $2,673,000. Corient Private Wealth LLC raised its holdings in shares of FrontView REIT by 628.9% in the second quarter. Corient Private Wealth LLC now owns 166,942 shares of the company’s stock worth $2,003,000 after acquiring an additional 144,040 shares during the last quarter. Bank of Montreal Can acquired a new position in FrontView REIT in the 2nd quarter valued at about $1,662,000. Finally, Vanguard Group Inc. lifted its stake in shares of FrontView REIT by 14.7% during the third quarter. Vanguard Group Inc. now owns 1,040,076 shares of the company’s stock valued at $14,259,000 after buying an additional 133,067 shares during the period.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on FVR shares. Weiss Ratings reiterated a “sell (d)” rating on shares of FrontView REIT in a research report on Monday, December 29th. Morgan Stanley lifted their target price on shares of FrontView REIT from $13.50 to $14.00 and gave the company an “equal weight” rating in a report on Wednesday, December 31st. Wells Fargo & Company upped their price target on FrontView REIT from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. JonesTrading started coverage on shares of FrontView REIT in a research report on Wednesday, January 14th. They issued a “buy” rating and a $19.00 price objective for the company. Finally, Zacks Research raised shares of FrontView REIT from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $15.80.

FrontView REIT Stock Performance

FrontView REIT stock opened at $16.70 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.73 and a quick ratio of 0.73. FrontView REIT, Inc. has a 12 month low of $10.61 and a 12 month high of $17.09. The company has a fifty day moving average price of $16.08 and a two-hundred day moving average price of $14.75. The company has a market cap of $361.62 million, a PE ratio of -75.91 and a beta of 1.28.

FrontView REIT (NYSE:FVR) last issued its earnings results on Tuesday, February 24th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.50). FrontView REIT had a negative return on equity of 0.76% and a negative net margin of 5.71%.The business had revenue of $16.52 million for the quarter, compared to analyst estimates of $16.94 million. FrontView REIT has set its FY 2026 guidance at 1.270-1.320 EPS. Research analysts expect that FrontView REIT, Inc. will post 1.22 earnings per share for the current year.

FrontView REIT announced that its Board of Directors has initiated a stock repurchase program on Monday, November 24th that authorizes the company to repurchase $75.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 23.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

FrontView REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.215 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.86 dividend on an annualized basis and a yield of 5.1%. FrontView REIT’s dividend payout ratio (DPR) is currently -390.91%.

About FrontView REIT

FrontView REIT specializes in real estate investing.