Four Corners Property Trust, Inc. (NYSE: FCPT) is a real estate investment trust (REIT) that focuses on owning and acquiring high-quality, net-leased restaurant and retail properties. The company operates primarily in the United States and is known for its strategic acquisitions and management of properties. FCPT competes with other REITs in the market, aiming to provide stable returns to its investors.
On March 11, 2026, Lenehan William H, the director, President, and CEO of FCPT, purchased 3,924 shares of the company's common stock at approximately $25.45 per share. This insider transaction increased his total ownership to 769,769 shares. Insider trading activities like this are reported under Form 4, which can be accessed through the SEC filing for more details.
In contrast, Citigroup Inc. has reduced its stake in FCPT by 37.9% during the most recent quarter. The financial institution sold 56,502 shares, leaving it with 92,452 shares, which account for about 0.09% of the company's total shares. This reduction in holdings is valued at $2.3 million, as highlighted by DefenseWorld.net.
Despite Citigroup's reduction, other institutional investors have adjusted their positions in FCPT. Rye Brook Capital LLC increased its holdings by 0.4% in the third quarter, now owning 123,100 shares valued at $3 million. Additionally, the Arizona State Retirement System raised its stake by 1.9% during the same period, indicating varied investor sentiment towards FCPT.
The stock for FCPT is currently priced at $25.46, reflecting a decrease of $0.14, or approximately -0.55% in percentage terms. During the trading day, the stock fluctuated between a low of $25.29 and a high of $25.66. Over the past year, FCPT has reached a high of $28.98 and a low of $22.78. The company has a market capitalization of approximately $2.79 billion, with today's trading volume at 689,921 shares.
