Cubist Systematic Strategies LLC Purchases 54,516 Shares of Five Point Holdings, LLC (NYSE:FPH)

Cubist Systematic Strategies LLC lifted its stake in shares of Five Point Holdings, LLC (NYSE:FPH - Free Report) by 313.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,892 shares of the company's stock after acquiring an additional 54,516 shares during the quarter. Cubist Systematic Strategies LLC's holdings in Five Point were worth $272,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. O Keefe Stevens Advisory Inc. increased its position in Five Point by 8.1% during the fourth quarter. O Keefe Stevens Advisory Inc. now owns 2,182,172 shares of the company's stock worth $8,249,000 after buying an additional 163,647 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Five Point during the fourth quarter worth about $80,000. Private Management Group Inc. grew its position in Five Point by 9.8% during the fourth quarter. Private Management Group Inc. now owns 5,525,607 shares of the company's stock worth $20,887,000 after buying an additional 493,138 shares in the last quarter. Meixler Investment Management Ltd. acquired a new stake in Five Point during the fourth quarter worth about $75,000. Finally, Bfsg LLC grew its position in Five Point by 8.5% during the fourth quarter. Bfsg LLC now owns 42,195 shares of the company's stock worth $159,000 after buying an additional 3,310 shares in the last quarter. 38.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Five Point Stock Down 1.0%

FPH stock traded down $0.06 during trading on Friday, hitting $5.41. The company had a trading volume of 85,689 shares, compared to its average volume of 283,866. The firm has a 50-day moving average price of $5.25 and a 200-day moving average price of $4.83. Five Point Holdings, LLC has a 12 month low of $2.88 and a 12 month high of $6.71. The stock has a market cap of $803.79 million, a price-to-earnings ratio of 5.63 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. Five Point had a net margin of 28.70% and a return on equity of 3.38%. The company had revenue of $13.16 million during the quarter.

Insider Buying and Selling

In related news, insider Kim Tobler sold 18,496 shares of the firm's stock in a transaction dated Saturday, March 8th. The shares were sold at an average price of $5.78, for a total value of $106,906.88. Following the completion of the sale, the insider now directly owns 17,927 shares in the company, valued at approximately $103,618.06. This trade represents a 50.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 21.49% of the company's stock.

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.