19,100 Shares in Four Corners Property Trust, Inc. (NYSE:FCPT) Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS purchased a new stake in Four Corners Property Trust, Inc. ( NYSE:FCPT – Free Report ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,100 shares of the financial services provider’s stock, valued at approximately $524,000.

Several other large investors have also recently modified their holdings of FCPT. 1620 Investment Advisors Inc. boosted its holdings in shares of Four Corners Property Trust by 4.



1% during the 4th quarter. 1620 Investment Advisors Inc. now owns 9,138 shares of the financial services provider’s stock worth $248,000 after buying an additional 363 shares in the last quarter.

Arizona State Retirement System increased its position in Four Corners Property Trust by 1.5% in the 4th quarter. Arizona State Retirement System now owns 26,893 shares of the financial services provider’s stock valued at $730,000 after buying an additional 406 shares in the last quarter.

Eagle Bay Advisors LLC raised its stake in Four Corners Property Trust by 25.0% during the 4th quarter. Eagle Bay Advisors LLC now owns 2,125 shares of the financial services provider’s stock worth $58,000 after buying an additional 425 shares during the period.

Oppenheimer Asset Management Inc. boosted its holdings in Four Corners Property Trust by 1.0% in the fourth quarter.

Oppenheimer Asset Management Inc. now owns 45,170 shares of the financial services provider’s stock worth $1,226,000 after acquiring an additional 469 shares in the last quarter. Finally, Signaturefd LLC grew its stake in Four Corners Property Trust by 10.

4% in the fourth quarter. Signaturefd LLC now owns 6,141 shares of the financial services provider’s stock valued at $167,000 after acquiring an additional 579 shares during the period. Institutional investors own 98.

66% of the company’s stock. Four Corners Property Trust Stock Down 0.3 % Shares of NYSE:FCPT opened at $28.

37 on Friday. The firm has a fifty day moving average price of $28.19 and a two-hundred day moving average price of $28.

35. The company has a market cap of $2.84 billion, a price-to-earnings ratio of 26.

51 and a beta of 0.93. The company has a debt-to-equity ratio of 0.

36, a current ratio of 0.11 and a quick ratio of 0.11.

Four Corners Property Trust, Inc. has a one year low of $22.38 and a one year high of $30.

93. Four Corners Property Trust Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.

355 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.

42 annualized dividend and a yield of 5.01%. Four Corners Property Trust’s payout ratio is currently 132.

71%. Wall Street Analysts Forecast Growth FCPT has been the topic of several analyst reports. Wells Fargo & Company lifted their target price on Four Corners Property Trust from $30.

00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, March 10th. Barclays lowered their target price on shares of Four Corners Property Trust from $31.

00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday, February 4th. Finally, JMP Securities restated a “market perform” rating on shares of Four Corners Property Trust in a report on Thursday, February 13th.

Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $30.

20. Get Our Latest Analysis on Four Corners Property Trust Four Corners Property Trust Company Profile ( Free Report ) Four Corners Property Trust, Inc engages in the owning, acquisition, and leasing of properties for use in the restaurant and food-service related industries. It operates through the Real Estate Operations and Restaurant Operations segments.

The Real Estate Operations segment consists of rental revenues generated by leasing restaurant properties. Read More Want to see what other hedge funds are holding FCPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Four Corners Property Trust, Inc.

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