Burkehill Global Management LP Takes $5.44 Million Position in FrontView REIT, Inc. (NYSE:FVR)

Burkehill Global Management LP purchased a new position in shares of FrontView REIT, Inc. (NYSE:FVRFree Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 300,000 shares of the company’s stock, valued at approximately $5,439,000. Burkehill Global Management LP owned 1.87% of FrontView REIT at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Nisa Investment Advisors LLC bought a new position in FrontView REIT in the fourth quarter valued at approximately $73,000. SG Americas Securities LLC bought a new position in shares of FrontView REIT in the 4th quarter worth $119,000. State of Alaska Department of Revenue bought a new position in shares of FrontView REIT in the 4th quarter worth $121,000. Asset Management One Co. Ltd. acquired a new stake in shares of FrontView REIT during the fourth quarter worth $178,000. Finally, Rhumbline Advisers bought a new stake in FrontView REIT in the fourth quarter valued at about $295,000.

FrontView REIT Stock Down 1.8 %

NYSE:FVR opened at $14.81 on Thursday. FrontView REIT, Inc. has a 1 year low of $14.75 and a 1 year high of $19.76. The firm has a 50-day simple moving average of $17.09.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FVR. Wells Fargo & Company reduced their target price on FrontView REIT from $22.00 to $20.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Morgan Stanley cut their price target on shares of FrontView REIT from $23.00 to $22.00 and set an “overweight” rating on the stock in a research report on Friday, January 3rd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $21.40.

Get Our Latest Report on FrontView REIT

About FrontView REIT

(Free Report)

FrontView REIT specializes in real estate investing.

Further Reading

Institutional Ownership by Quarter for FrontView REIT (NYSE:FVR)

Receive News & Ratings for FrontView REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FrontView REIT and related companies with MarketBeat.com's FREE daily email newsletter.