Dimensional Fund Advisors LP Has $3.58 Million Stake in Five Point Holdings, LLC (NYSE:FPH)

Dimensional Fund Advisors LP lifted its position in shares of Five Point Holdings, LLC (NYSE:FPH - Free Report) by 26.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and 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 about 0.64% of Five Point worth $3,583,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in FPH. Envestnet Asset Management Inc. boosted its holdings in Five Point by 21.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 17,364 shares of the company's stock valued at $66,000 after acquiring an additional 3,052 shares during the last quarter. Jane Street Group LLC bought a new stake in Five Point in the third quarter valued at approximately $76,000. Jump Financial LLC bought a new stake in Five Point in the fourth quarter valued at approximately $70,000. Meixler Investment Management Ltd. bought a new stake in Five Point in the fourth quarter valued at approximately $75,000. Finally, XTX Topco Ltd boosted its holdings in Five Point by 24.5% in the fourth quarter. XTX Topco Ltd now owns 21,079 shares of the company's stock valued at $80,000 after acquiring an additional 4,145 shares during the last quarter. 38.09% of the stock is currently owned by institutional investors.

Five Point Stock Up 5.4%

FPH traded up $0.30 during trading on Monday, hitting $5.84. The company's stock had a trading volume of 237,084 shares, compared to its average volume of 282,905. Five Point Holdings, LLC has a twelve month low of $2.88 and a twelve month high of $6.71. The stock's fifty day moving average price is $5.24 and its 200-day moving average price is $4.80. The firm has a market capitalization of $868.48 million, a P/E ratio of 6.08 and a beta of 1.51.

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

Insider Buying and Selling at Five Point

In other news, insider Kim Tobler sold 18,496 shares of the company's stock in a transaction that occurred on Saturday, March 8th. The stock was sold at an average price of $5.78, for a total transaction of $106,906.88. Following the transaction, the insider now directly owns 17,927 shares of the company's stock, valued at $103,618.06. This represents a 50.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 21.49% of the company's stock.

Analysts Set New Price Targets

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

Five Point Company Profile

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.