William Blair Investment Management LLC Acquires Shares of 982,742 Four Corners Property Trust, Inc. $FCPT

Posted by Francis Steltz on Aug 23rd, 2026

William Blair Investment Management LLC acquired a new stake in Four Corners Property Trust, Inc. (NYSE:FCPT – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 982,742 shares of the financial services provider’s stock, valued at approximately $24,126,000.

A number of other hedge funds also recently made changes to their positions in the business. Parallel Advisors LLC boosted its stake in shares of Four Corners Property Trust by 80.1% during the 3rd quarter. Parallel Advisors LLC now owns 1,041 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 463 shares during the period. Farther Finance Advisors LLC raised its stake in Four Corners Property Trust by 829.2% in the 4th quarter. Farther Finance Advisors LLC now owns 1,115 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 995 shares during the period. Huntington National Bank lifted its holdings in Four Corners Property Trust by 114.1% during the 4th quarter. Huntington National Bank now owns 1,569 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 836 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in Four Corners Property Trust during the 4th quarter valued at $36,000. Finally, Bessemer Group Inc. boosted its position in Four Corners Property Trust by 326.1% during the first quarter. Bessemer Group Inc. now owns 1,649 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 1,262 shares during the period. 98.66% of the stock is owned by institutional investors and hedge funds.

Four Corners Property Trust Trading Down 0.5%

FCPT stock opened at $25.26 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.14 and a current ratio of 0.14. The company’s 50-day simple moving average is $25.25 and its 200 day simple moving average is $25.04. Four Corners Property Trust, Inc. has a 52 week low of $22.78 and a 52 week high of $26.86. The company has a market capitalization of $2.77 billion, a PE ratio of 22.76 and a beta of 0.79.

Four Corners Property Trust (NYSE:FCPT – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.16. The business had revenue of $78.42 million during the quarter, compared to analysts’ expectations of $79.02 million. Four Corners Property Trust had a net margin of 38.70% and a return on equity of 7.35%. The business’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.44 EPS. As a group, sell-side analysts anticipate that Four Corners Property Trust, Inc. will post 1.76 earnings per share for the current year.

Four Corners Property Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.1222 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 5.8%. Four Corners Property Trust’s dividend payout ratio (DPR) is currently 132.43%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on FCPT. Weiss Ratings lowered shares of Four Corners Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. UBS Group reaffirmed a “buy” rating and set a $30.00 target price on shares of Four Corners Property Trust in a report on Thursday, July 9th. Huntington started coverage on shares of Four Corners Property Trust in a report on Wednesday, July 15th. They issued an “outperform” rating and a $27.00 price target on the stock. Barclays lowered 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, July 22nd. Finally, Wells Fargo & Company boosted their price objective on Four Corners Property Trust from $25.00 to $26.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $27.78.

Check Out Our Latest Report on FCPT

About Four Corners Property Trust

(Free Report)

Four Corners Property Trust is a publicly traded real estate investment trust focused on acquiring and managing single-tenant commercial properties subject to long-term, triple-net leases. The company targets industrial, manufacturing, distribution, office and retail facilities leased to creditworthy tenants. By concentrating on net-lease structures, Four Corners seeks to generate stable, predictable income streams and mitigate operating cost variability.

The firm’s core activities include sourcing off-market and broker-sourced acquisition opportunities, conducting rigorous credit and property due diligence, and structuring lease agreements that shift property taxes, insurance and maintenance expenses to tenants.