Insider Buying: Four Corners Property Trust, Inc. (FCPT) Director Acquires 1,000 Shares of Stock
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.
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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.
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