FrontView REIT, Inc. (FVR) To Go Ex-Dividend on December 31st

FrontView REIT, Inc. (NYSE:FVR) declared a — dividend on Wednesday, November 13th,Wall Street Journal reports. Investors of record on Tuesday, December 31st will be given a dividend of 0.215 per share on Wednesday, January 15th. The ex-dividend date of this dividend is Tuesday, December 31st.

FrontView REIT Stock Down 3.6 %

Shares of NYSE FVR opened at $18.20 on Friday. The business’s 50-day simple moving average is $18.98. FrontView REIT has a 1 year low of $17.80 and a 1 year high of $19.76.

Insider Activity

In other news, CEO Stephen Preston acquired 3,540 shares of the business’s stock in a transaction on Tuesday, October 15th. The stock was bought at an average price of $18.74 per share, for a total transaction of $66,339.60. Following the transaction, the chief executive officer now owns 3,640 shares in the company, valued at $68,213.60. This represents a 3,540.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Alyeska Investment Group, L.P. bought 270,270 shares of the stock in a transaction dated Thursday, October 3rd. The stock was purchased at an average cost of $19.11 per share, for a total transaction of $5,164,859.70. Following the acquisition, the insider now owns 1,635,135 shares of the company’s stock, valued at approximately $31,247,429.85. This represents a 19.80 % increase in their ownership of the stock. The disclosure for this purchase can be found here.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Wells Fargo & Company initiated coverage on FrontView REIT in a report on Monday, October 28th. They issued an “overweight” rating and a $22.00 price target for the company. Bank of America started coverage on shares of FrontView REIT in a research report on Monday, October 28th. They issued a “buy” rating and a $22.00 target price on the stock. Morgan Stanley initiated coverage on shares of FrontView REIT in a research report on Monday, October 28th. They issued an “overweight” rating and a $23.00 price target for the company. Capital One Financial initiated coverage on FrontView REIT in a report on Tuesday, November 12th. They set an “overweight” rating and a $22.00 price objective on the stock. Finally, JPMorgan Chase & Co. initiated coverage on FrontView REIT in a report on Monday, October 28th. They issued an “overweight” rating and a $21.00 target price for the company. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $22.00.

About FrontView REIT

FrontView REIT specializes in real estate investing.