Irenic Capital Management LP Invests $1.35 Million in FrontView REIT, Inc. $FVR

Irenic Capital Management LP purchased a new position in FrontView REIT, Inc. (NYSE:FVR) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 66,608 shares of the company’s stock, valued at approximately $1,347,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sei Investments Co. raised its stake in FrontView REIT by 6.6% during the third quarter. Sei Investments Co. now owns 17,601 shares of the company’s stock valued at $241,000 after buying an additional 1,084 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of FrontView REIT by 13.6% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,680 shares of the company’s stock worth $116,000 after acquiring an additional 1,156 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of FrontView REIT by 8.4% in the 2nd quarter. Rhumbline Advisers now owns 16,688 shares of the company’s stock valued at $200,000 after acquiring an additional 1,288 shares during the last quarter. Resona Asset Management Co. Ltd. increased its holdings in shares of FrontView REIT by 16.5% in the 4th quarter. Resona Asset Management Co. Ltd. now owns 9,501 shares of the company’s stock valued at $143,000 after acquiring an additional 1,348 shares during the last quarter. Finally, MetLife Investment Management LLC raised its position in shares of FrontView REIT by 15.5% during the 4th quarter. MetLife Investment Management LLC now owns 12,446 shares of the company’s stock valued at $184,000 after acquiring an additional 1,674 shares in the last quarter.

FrontView REIT Trading Down 0.6%

NYSE:FVR opened at $19.02 on Friday. FrontView REIT, Inc. has a 12-month low of $12.89 and a 12-month high of $22.29. The firm has a market capitalization of $465.35 million, a P/E ratio of 634.17, a P/E/G ratio of 1.36 and a beta of 1.04. 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 business has a 50 day simple moving average of $20.32 and a 200 day simple moving average of $18.35.

FrontView REIT (NYSE:FVR) last issued its earnings results on Thursday, August 6th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The firm had revenue of $16.40 million for the quarter, compared to analyst estimates of $18.31 million. FrontView REIT had a return on equity of 0.29% and a net margin of 2.10%.FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. Equities research analysts predict that FrontView REIT, Inc. will post 1.2 EPS for the current year.

FrontView REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, September 30th. FrontView REIT’s dividend payout ratio (DPR) is 2,866.67%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on FVR shares. Citigroup restated a “buy” rating on shares of FrontView REIT in a research note on Wednesday, July 1st. B. Riley Financial increased their target price on shares of FrontView REIT from $20.50 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. JonesTrading restated a “buy” rating and issued a $21.00 price target on shares of FrontView REIT in a research report on Thursday, August 6th. Huntington assumed coverage on shares of FrontView REIT in a report on Wednesday, July 15th. They issued an “outperform” rating and a $22.50 price target for the company. Finally, Morgan Stanley boosted their price objective on shares of FrontView REIT from $18.00 to $21.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, FrontView REIT has an average rating of “Moderate Buy” and an average target price of $22.50.

About FrontView REIT

FrontView REIT specializes in real estate investing.