SG Americas Securities LLC Has $1.03 Million Holdings in Four Corners Property Trust Inc (FCPT)

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SG Americas Securities LLC boosted its holdings in shares of Four Corners Property Trust Inc (NYSE:FCPT) by 352.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,817 shares of the financial services provider’s stock after purchasing an additional 32,584 shares during the quarter. SG Americas Securities LLC owned approximately 0.07% of Four Corners Property Trust worth $1,030,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Rhumbline Advisers grew its position in shares of Four Corners Property Trust by 1.5% in the 2nd quarter. Rhumbline Advisers now owns 159,602 shares of the financial services provider’s stock worth $3,931,000 after acquiring an additional 2,327 shares in the last quarter. Profund Advisors LLC grew its position in shares of Four Corners Property Trust by 23.6% in the 1st quarter. Profund Advisors LLC now owns 14,211 shares of the financial services provider’s stock worth $328,000 after acquiring an additional 2,714 shares in the last quarter. 6 Meridian grew its position in shares of Four Corners Property Trust by 11.1% in the 1st quarter. 6 Meridian now owns 27,450 shares of the financial services provider’s stock worth $634,000 after acquiring an additional 2,740 shares in the last quarter. Virginia Retirement Systems ET AL grew its position in shares of Four Corners Property Trust by 3.2% in the 1st quarter. Virginia Retirement Systems ET AL now owns 103,500 shares of the financial services provider’s stock worth $2,390,000 after acquiring an additional 3,200 shares in the last quarter. Finally, Barclays PLC grew its position in shares of Four Corners Property Trust by 20.0% in the 1st quarter. Barclays PLC now owns 24,669 shares of the financial services provider’s stock worth $570,000 after acquiring an additional 4,106 shares in the last quarter. Institutional investors own 88.54% of the company’s stock.

FCPT has been the subject of several research reports. LADENBURG THALM/SH SH lowered Four Corners Property Trust from a “buy” rating to a “neutral” rating and set a $26.00 target price for the company. in a research report on Tuesday, July 31st. Zacks Investment Research upgraded Four Corners Property Trust from a “sell” rating to a “hold” rating in a research report on Thursday, August 9th.

NYSE:FCPT opened at $26.80 on Friday. Four Corners Property Trust Inc has a 12-month low of $21.28 and a 12-month high of $27.48. The company has a market cap of $1.69 billion, a P/E ratio of 19.41 and a beta of 0.03. The company has a quick ratio of 6.59, a current ratio of 6.59 and a debt-to-equity ratio of 0.90.

Four Corners Property Trust (NYSE:FCPT) last released its quarterly earnings data on Wednesday, July 25th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.09. Four Corners Property Trust had a return on equity of 14.59% and a net margin of 59.38%. The business had revenue of $34.70 million during the quarter, compared to analyst estimates of $34.86 million. During the same quarter in the previous year, the firm posted $0.34 EPS. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. equities analysts expect that Four Corners Property Trust Inc will post 1.41 EPS for the current fiscal year.

Four Corners Property Trust Profile

FCPT is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease for use in the restaurant and related food services industry.

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Institutional Ownership by Quarter for Four Corners Property Trust (NYSE:FCPT)

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