Four Corners Property Trust, Inc. (NYSE:FCPT) Director Douglas B. Hansen acquired 1,000 shares of Four Corners Property Trust stock in a transaction on Friday, February 9th. The stock was purchased at an average cost of $21.78 per share, with a total value of $21,780.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Four Corners Property Trust, Inc. (NYSE FCPT) traded up $0.11 on Tuesday, reaching $22.60. 228,546 shares of the company’s stock were exchanged, compared to its average volume of 281,045. The stock has a market capitalization of $1,370.00 and a PE ratio of 15.88. Four Corners Property Trust, Inc. has a 52-week low of $20.82 and a 52-week high of $26.96.

FCPT has been the subject of a number of recent analyst reports. BidaskClub raised shares of Four Corners Property Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of Four Corners Property Trust in a research note on Friday, November 3rd. Finally, Zacks Investment Research cut shares of Four Corners Property Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. Four Corners Property Trust has an average rating of “Hold” and an average price target of $27.25.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Amundi Pioneer Asset Management Inc. purchased a new position in Four Corners Property Trust in the fourth quarter valued at about $689,000. Allianz Asset Management GmbH boosted its stake in Four Corners Property Trust by 373.5% in the fourth quarter. Allianz Asset Management GmbH now owns 105,981 shares of the financial services provider’s stock valued at $2,724,000 after acquiring an additional 83,600 shares during the last quarter. Cbre Clarion Securities LLC purchased a new position in Four Corners Property Trust in the fourth quarter valued at about $12,948,000. Martingale Asset Management L P purchased a new position in Four Corners Property Trust in the fourth quarter valued at about $1,237,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Four Corners Property Trust by 159.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 189,334 shares of the financial services provider’s stock valued at $4,866,000 after acquiring an additional 116,245 shares during the last quarter. Hedge funds and other institutional investors own 85.84% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This news story was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another website, it was illegally copied and republished in violation of U.S. & international copyright & trademark laws. The original version of this news story can be read at https://www.thecerbatgem.com/2018/02/13/insider-buying-four-corners-property-trust-inc-fcpt-director-acquires-1000-shares-of-stock.html.

About Four Corners Property Trust

Four Corners Property Trust, Inc is a self-administered company and real estate investment trust (REIT), which owns, acquires and leases properties for use in the restaurant and food service related industries. The Company operates through two segments: real estate operations and restaurant operations.

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