State of Alaska Department of Revenue Acquires Shares of 6,760 FrontView REIT, Inc. (NYSE:FVR)

State of Alaska Department of Revenue acquired a new stake in FrontView REIT, Inc. (NYSE:FVR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,760 shares of the company’s stock, valued at approximately $121,000.

Other institutional investors also recently bought and sold shares of the company. Nisa Investment Advisors LLC acquired a new position in shares of FrontView REIT during the 4th quarter worth $73,000. SG Americas Securities LLC purchased a new stake in shares of FrontView REIT in the 4th quarter worth about $119,000. Exchange Traded Concepts LLC purchased a new stake in shares of FrontView REIT in the 4th quarter worth about $535,000. Finally, abrdn plc purchased a new stake in shares of FrontView REIT in the 4th quarter worth about $7,268,000.

Wall Street Analyst Weigh In

FVR has been the topic of a number of recent research reports. Bank of America initiated coverage on shares of FrontView REIT in a report on Monday, October 28th. They issued a “buy” rating and a $22.00 target price on the stock. Morgan Stanley decreased their target price 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. Wells Fargo & Company decreased their target price on shares of FrontView REIT from $22.00 to $20.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Capital One Financial initiated coverage on shares of FrontView REIT in a research report on Tuesday, November 12th. They issued an “overweight” rating and a $22.00 target price on the stock. Finally, JPMorgan Chase & Co. initiated coverage on shares of FrontView REIT in a report on Monday, October 28th. They issued an “overweight” rating and a $21.00 price target on the stock. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $21.40.

FrontView REIT Price Performance

FrontView REIT stock opened at $17.47 on Friday. The stock has a fifty day simple moving average of $17.82. FrontView REIT, Inc. has a 12 month low of $15.30 and a 12 month high of $19.76.

About FrontView REIT

FrontView REIT specializes in real estate investing.