Dimensional Fund Advisors LP Buys 198,103 Shares of Five Point Holdings, LLC (NYSE:FPH)

Dimensional Fund Advisors LP raised its stake in shares of Five Point Holdings, LLC (NYSE:FPH - Free Report) by 26.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 947,949 shares of the company's stock after purchasing an additional 198,103 shares during the period. Dimensional Fund Advisors LP owned 0.64% of Five Point worth $3,583,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of FPH. Envestnet Asset Management Inc. grew its holdings in Five Point by 21.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 17,364 shares of the company's stock worth $66,000 after acquiring an additional 3,052 shares during the period. Jump Financial LLC acquired a new stake in Five Point during the 4th quarter worth about $70,000. Meixler Investment Management Ltd. acquired a new stake in Five Point during the 4th quarter worth about $75,000. Jane Street Group LLC acquired a new stake in Five Point during the 3rd quarter worth about $76,000. Finally, SG Americas Securities LLC acquired a new stake in Five Point during the 4th quarter worth about $80,000. 38.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Zelman & Associates upgraded Five Point from a "neutral" rating to an "outperform" rating in a report on Monday, January 27th.

Five Point Trading Down 1.3%

Shares of Five Point stock opened at $5.47 on Wednesday. The business has a 50-day moving average price of $5.23 and a two-hundred day moving average price of $4.75. Five Point Holdings, LLC has a 1-year low of $2.88 and a 1-year high of $6.71. The company has a market cap of $813.45 million, a P/E ratio of 5.70 and a beta of 1.51.

Five Point (NYSE:FPH - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.32 EPS for the quarter. The company had revenue of $13.16 million during the quarter. Five Point had a return on equity of 3.38% and a net margin of 28.70%.

Insider Activity

In other Five Point news, insider Kim Tobler sold 18,496 shares of Five Point stock in a transaction dated Saturday, March 8th. The stock was sold at an average price of $5.78, for a total transaction of $106,906.88. Following the completion of the transaction, the insider now owns 17,927 shares in the company, valued at approximately $103,618.06. The trade was a 50.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 21.49% of the stock is currently owned by company insiders.

About Five Point

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, owns and develops mixed-use and planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates in four segments: Valencia, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates and owns a commercial office, research and development, medical campus, and other properties; and provides development and property management services.

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