Evercore ISI Group Downgrades Frontline (OB:FRO)
Fintel reports that on April 22, 2026, Evercore ISI Group downgraded their outlook for Frontline (OB:FRO) from Outperform to In-Line.
What is the Fund Sentiment?
There are 204 funds or institutions reporting positions in Frontline. This is an decrease of 39 owner(s) or 16.05% in the last quarter. Average portfolio weight of all funds dedicated to FRO is 0.10%, an increase of 43.83%. Total shares owned by institutions decreased in the last three months by 13.01% to 48,743K shares.
What are Other Shareholders Doing?
Folketrygdfondet holds 12,053K shares representing 5.41% ownership of the company. In its prior filing, the firm reported owning 12,711K shares , representing a decrease of 5.45%.
Citadel Advisors holds 2,114K shares representing 0.95% ownership of the company. In its prior filing, the firm reported owning 70K shares , representing an increase of 96.69%. The firm increased its portfolio allocation in FRO by 2,751.54% over the last quarter.
Goldman Sachs Group holds 1,511K shares representing 0.68% ownership of the company. In its prior filing, the firm reported owning 1,614K shares , representing a decrease of 6.77%. The firm decreased its portfolio allocation in FRO by 9.63% over the last quarter.
UBS Group holds 1,411K shares representing 0.63% ownership of the company. In its prior filing, the firm reported owning 1,194K shares , representing an increase of 15.43%. The firm increased its portfolio allocation in FRO by 17.19% over the last quarter.
Balyasny Asset Management holds 1,396K shares representing 0.63% ownership of the company. In its prior filing, the firm reported owning 2,247K shares , representing a decrease of 60.97%. The firm decreased its portfolio allocation in FRO by 40.42% over the last quarter.