Representative Lisa C. McClain (R-Michigan) recently bought shares of Four Corners Property Trust, Inc. (NYSE:FCPT). In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Four Corners Property Trust stock on June 9th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
- Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
- Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.
Four Corners Property Trust Trading Up 0.9%
Shares of FCPT stock opened at $26.0120 on Monday. The company’s 50-day moving average price is $26.41 and its 200-day moving average price is $27.33. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.39. The stock has a market cap of $2.72 billion, a price-to-earnings ratio of 24.09 and a beta of 0.83. Four Corners Property Trust, Inc. has a twelve month low of $25.00 and a twelve month high of $30.93.
Four Corners Property Trust Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $0.355 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.42 annualized dividend and a dividend yield of 5.5%. Four Corners Property Trust’s payout ratio is presently 131.48%.
Institutional Trading of Four Corners Property Trust
A number of institutional investors and hedge funds have recently bought and sold shares of FCPT. Zimmer Partners LP purchased a new stake in Four Corners Property Trust during the fourth quarter worth about $38,512,000. Massachusetts Financial Services Co. MA purchased a new stake in Four Corners Property Trust during the first quarter worth about $33,515,000. Balyasny Asset Management L.P. purchased a new stake in Four Corners Property Trust during the fourth quarter worth about $18,084,000. Nuveen LLC purchased a new stake in Four Corners Property Trust during the first quarter worth about $18,291,000. Finally, Cbre Investment Management Listed Real Assets LLC grew its position in shares of Four Corners Property Trust by 63.1% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,342,834 shares of the financial services provider’s stock worth $38,539,000 after buying an additional 519,633 shares in the last quarter. 98.66% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. Barclays reduced their price objective on shares of Four Corners Property Trust from $30.00 to $29.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 20th. Wells Fargo & Company reduced their price objective on shares of Four Corners Property Trust from $31.00 to $30.00 and set an “overweight” rating on the stock in a report on Monday, June 2nd. UBS Group boosted their price objective on shares of Four Corners Property Trust from $30.00 to $31.00 and gave the company a “buy” rating in a report on Friday, August 15th. Finally, Raymond James Financial reduced their price objective on shares of Four Corners Property Trust from $31.00 to $29.00 and set an “outperform” rating on the stock in a report on Thursday, July 31st. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Four Corners Property Trust presently has an average rating of “Moderate Buy” and a consensus price target of $29.40.
Read Our Latest Report on Four Corners Property Trust
Insider Activity at Four Corners Property Trust
In other news, Director John S. Moody sold 7,667 shares of the business’s stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $27.42, for a total transaction of $210,229.14. Following the completion of the transaction, the director directly owned 53,821 shares of the company’s stock, valued at approximately $1,475,771.82. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.20% of the company’s stock.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
Four Corners Property Trust Company Profile
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.
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