UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in FRP Holdings, Inc. (NASDAQ:FRPH - Free Report) by 92.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,447 shares of the financial services provider's stock after purchasing an additional 18,452 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.20% of FRP worth $1,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of FRPH. HighTower Advisors LLC bought a new position in FRP in the 4th quarter worth $59,067,000. Dimensional Fund Advisors LP boosted its stake in shares of FRP by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,135,837 shares of the financial services provider's stock worth $34,790,000 after acquiring an additional 14,124 shares during the period. Vanguard Group Inc. grew its position in shares of FRP by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 661,164 shares of the financial services provider's stock worth $20,251,000 after purchasing an additional 10,663 shares in the last quarter. Northern Trust Corp grew its position in shares of FRP by 14.1% during the fourth quarter. Northern Trust Corp now owns 133,030 shares of the financial services provider's stock worth $4,075,000 after purchasing an additional 16,489 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in FRP by 25.8% during the 4th quarter. Renaissance Technologies LLC now owns 62,400 shares of the financial services provider's stock valued at $1,911,000 after purchasing an additional 12,800 shares during the period. 45.42% of the stock is currently owned by institutional investors.
FRP Stock Up 0.2%
FRPH stock traded up $0.06 during midday trading on Thursday, hitting $27.41. The company's stock had a trading volume of 9,308 shares, compared to its average volume of 32,684. FRP Holdings, Inc. has a 12 month low of $25.37 and a 12 month high of $33.00. The company has a 50 day moving average of $26.98 and a two-hundred day moving average of $29.16. The firm has a market capitalization of $523.17 million, a price-to-earnings ratio of 68.53 and a beta of 0.62.
FRP (NASDAQ:FRPH - Get Free Report) last issued its earnings results on Monday, May 12th. The financial services provider reported $0.09 earnings per share for the quarter. The firm had revenue of $10.31 million during the quarter. FRP had a net margin of 18.35% and a return on equity of 1.67%.
FRP Profile
(
Free Report)
FRP Holdings, Inc engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia.
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