Quantbot Technologies LP Grows Holdings in Four Corners Property Trust, Inc. (NYSE:FCPT)

Quantbot Technologies LP increased its stake in Four Corners Property Trust, Inc. (NYSE:FCPT - Free Report) by 1,464.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,535 shares of the financial services provider's stock after purchasing an additional 51,050 shares during the period. Quantbot Technologies LP owned 0.06% of Four Corners Property Trust worth $1,480,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FCPT. 1620 Investment Advisors Inc. boosted its holdings in Four Corners Property Trust by 4.1% during the fourth 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 during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Four Corners Property Trust by 45.0% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 51,799 shares of the financial services provider's stock worth $1,406,000 after acquiring an additional 16,064 shares in the last quarter. Teacher Retirement System of Texas increased its stake in Four Corners Property Trust by 312.1% during the 4th quarter. Teacher Retirement System of Texas now owns 37,220 shares of the financial services provider's stock worth $1,010,000 after purchasing an additional 28,188 shares in the last quarter. VSM Wealth Advisory LLC acquired a new stake in Four Corners Property Trust during the 4th quarter worth approximately $39,000. Finally, Maryland State Retirement & Pension System raised its holdings in shares of Four Corners Property Trust by 4.1% during the fourth quarter. Maryland State Retirement & Pension System now owns 32,576 shares of the financial services provider's stock worth $884,000 after acquiring an additional 1,284 shares during the period. Institutional investors and hedge funds own 98.66% of the company's stock.

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Four Corners Property Trust Trading Up 0.2 %

NYSE:FCPT traded up $0.05 during trading hours on Friday, hitting $28.52. 420,284 shares of the company were exchanged, compared to its average volume of 583,416. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 26.65 and a beta of 1.16. The company has a fifty day simple moving average of $28.11 and a 200 day simple moving average of $28.38. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.36. 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 (NYSE:FCPT - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.16. Four Corners Property Trust had a net margin of 37.48% and a return on equity of 7.54%. Sell-side analysts expect that Four Corners Property Trust, Inc. will post 1.68 EPS for the current fiscal year.

Four Corners Property Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a yield of 4.98%. The ex-dividend date of this dividend is Monday, March 31st. Four Corners Property Trust's dividend payout ratio (DPR) is currently 132.71%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Wells Fargo & Company upped their price objective on Four Corners Property Trust from $30.00 to $31.00 and gave the stock an "overweight" rating in a research report on Monday, March 10th. JMP Securities reissued a "market perform" rating on shares of Four Corners Property Trust in a report on Thursday, February 13th. Finally, Barclays cut 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 research note on Tuesday, February 4th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $30.20.

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.