FrontView REIT (NYSE:FVR) Coverage Initiated at JPMorgan Chase & Co.

JPMorgan Chase & Co. started coverage on shares of FrontView REIT (NYSE:FVR) in a research note published on Monday, MarketBeat.com reports. The brokerage issued an overweight rating and a $21.00 price target on the stock.

A number of other brokerages have also recently weighed in on FVR. Bank of America started coverage on FrontView REIT in a research note on Monday. They set a “buy” rating and a $22.00 price objective for the company. Morgan Stanley started coverage on shares of FrontView REIT in a report on Monday. They issued an “overweight” rating and a $23.00 target price for the company.

FrontView REIT Price Performance

FrontView REIT stock opened at $18.74 on Monday. FrontView REIT has a twelve month low of $18.25 and a twelve month high of $19.76.

Insider Transactions at FrontView REIT

In other FrontView REIT news, major shareholder Alyeska Investment Group, L.P. acquired 270,270 shares of the stock in a transaction dated Thursday, October 3rd. The stock was purchased at an average price of $19.11 per share, with a total value of $5,164,859.70. Following the transaction, the insider now directly owns 1,635,135 shares of the company’s stock, valued at $31,247,429.85. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, major shareholder Alyeska Investment Group, L.P. acquired 270,270 shares of the business’s stock in a transaction dated Thursday, October 3rd. The shares were purchased at an average price of $19.11 per share, for a total transaction of $5,164,859.70. Following the completion of the acquisition, the insider now directly owns 1,635,135 shares in the company, valued at $31,247,429.85. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Stephen Preston bought 3,540 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was bought at an average price of $18.74 per share, with a total value of $66,339.60. Following the completion of the purchase, the chief executive officer now directly owns 3,640 shares in the company, valued at $68,213.60. This represents a 3,500.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here.

About FrontView REIT

FrontView REIT specializes in real estate investing.