Four Corners Property Trust, Inc. (FCPT): Paul E. Szurek , director of Four Corners Property Trust, Inc. purchased 1,202 shares on May 25, 2016. The Insider buying transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $19.42 per share for a total value of $23,374.70 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 13, 2015, Douglas B Hansen (director) purchased 3,000 shares at $20.40 per share price.On Nov 12, 2015, Marran H. Ogilvie (director) purchased 4,400 shares at $20.55 per share price.Also, On Nov 12, 2015, William H Lenehan (CEO) purchased 10,000 shares at $19.63 per share price.On Nov 10, 2015, James L Brat (General Counsel) purchased 1,750 shares at $19.99 per share price.
Company has been under the radar of several Street Analysts.Four Corners Property Trust Inc is Initiated by Raymond James to Mkt Perform. The Rating was issued 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.