V3 Capital Management buys $43.8 Million stake in Four Corners Property Trust Inc (FCPT)

Four Corners Property Trust Inc (FCPT) : V3 Capital Management scooped up 982,596 additional shares in Four Corners Property Trust Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 2,299,474 shares of Four Corners Property Trust Inc which is valued at $43.8 Million.Four Corners Property Trust Inc makes up approximately 11.72% of V3 Capital Management’s portfolio.

Other Hedge Funds, Including , Alliancebernstein boosted its stake in FCPT in the latest quarter, The investment management firm added 11,686 additional shares and now holds a total of 40,471 shares of Four Corners Property Trust Inc which is valued at $770,568. Oppenheimerfunds added FCPT to its portfolio by purchasing 1,009,395 company shares during the most recent quarter which is valued at $19.2 Million. Four Corners Property Trust Inc makes up approx 0.03% of Oppenheimerfunds’s portfolio.Focused Wealth Management Inc reduced its stake in FCPT by selling 27 shares or 60.0% in the most recent quarter. The Hedge Fund company now holds 18 shares of FCPT which is valued at $343. Ftb Advisors sold out all of its stake in FCPT during the most recent quarter. The investment firm sold 84 shares of FCPT which is valued $1,599.Exane Derivatives boosted its stake in FCPT in the latest quarter, The investment management firm added 233 additional shares and now holds a total of 869 shares of Four Corners Property Trust Inc which is valued at $16,528.

Many Wall Street Analysts have commented on Four Corners Property Trust Inc. Four Corners Property Trust Inc was Initiated by Raymond James to “Mkt Perform” on Apr 22, 2016.

Four Corners Property Trust Inc. is engaged in owning acquiring and leasing properties on a triple-net basis for use in the restaurant industry and other industries. The Company owns approximately 424 restaurant properties. The Company’s properties are located across approximately 44 states in the United States. The Company’s portfolio includes around 300 Olive Garden restaurants 104 LongHorn Steakhouse restaurants 11 Bahama Breeze restaurants two Seasons 52 restaurants one Wildfish Seafood Grille restaurant as well as the six properties that consist of the LongHorn San Antonio Business. The Company acquires properties to lease to restaurant operators on a triple-net basis through sale-leaseback transactions. The Company operates as a dining company. The Company operates around 40 restaurants in the west 41 in the northeast 161 in the southeast 115 in the Midwest and 61 in the south in the United States.

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