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 July 16th. 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 Stock Up 0.9%
Shares of FCPT stock traded up $0.23 during mid-day trading on Wednesday, hitting $25.89. 483,841 shares of the stock traded hands, compared to its average volume of 607,839. Four Corners Property Trust, Inc. has a 52-week low of $25.00 and a 52-week high of $30.93. The stock has a market cap of $2.70 billion, a P/E ratio of 23.97 and a beta of 0.83. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.12 and a quick ratio of 0.12. The stock's fifty day moving average is $26.48 and its two-hundred day moving average is $27.37.
Four Corners Property Trust (NYSE:FCPT - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.02. Four Corners Property Trust had a net margin of 37.87% and a return on equity of 7.40%. The firm had revenue of $72.84 million for the quarter, compared to the consensus estimate of $70.27 million. During the same quarter in the previous year, the firm earned $0.43 EPS. The company's quarterly revenue was up 9.6% compared to the same quarter last year. Equities analysts predict that Four Corners Property Trust, Inc. will post 1.68 EPS for the current year.
Four Corners Property Trust Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a $0.355 dividend. The ex-dividend date was Monday, June 30th. This represents a $1.42 dividend on an annualized basis and a yield of 5.5%. Four Corners Property Trust's payout ratio is currently 131.48%.
Analysts Set New Price Targets
Several research firms have issued reports on FCPT. Barclays cut their price target 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. UBS Group raised their price objective on Four Corners Property Trust from $30.00 to $31.00 and gave the stock a "buy" rating in a research report on Friday, August 15th. Wells Fargo & Company reduced their target price on Four Corners Property Trust from $31.00 to $30.00 and set an "overweight" rating on the stock in a research report on Monday, June 2nd. Finally, Raymond James Financial decreased their price target on Four Corners Property Trust from $31.00 to $29.00 and set an "outperform" rating for the company in a research note on Thursday, July 31st. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $29.40.
Check Out Our Latest Stock Analysis on FCPT
Hedge Funds Weigh In On Four Corners Property Trust
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FCPT. Zimmer Partners LP purchased a new stake in Four Corners Property Trust during the 4th quarter valued at about $38,512,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Four Corners Property Trust in the first quarter worth about $33,515,000. Balyasny Asset Management L.P. purchased a new position in shares of Four Corners Property Trust in the fourth quarter worth about $18,084,000. Nuveen LLC acquired a new stake in shares of Four Corners Property Trust during the first quarter worth about $18,291,000. Finally, Cbre Investment Management Listed Real Assets LLC boosted its position in Four Corners Property Trust by 63.1% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,342,834 shares of the financial services provider's stock valued at $38,539,000 after buying an additional 519,633 shares during the last quarter. Hedge funds and other institutional investors own 98.66% of the company's stock.
Insiders Place Their Bets
In other Four Corners Property Trust news, Director John S. Moody sold 7,667 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The shares were 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. This trade represents a 12.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company 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
(
Get 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.
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