Guardian Wealth Management Inc. Has $3.14 Million Holdings in FRP Holdings, Inc. (NASDAQ:FRPH)

Guardian Wealth Management Inc. increased its position in FRP Holdings, Inc. (NASDAQ:FRPH - Free Report) by 49.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 109,927 shares of the financial services provider's stock after acquiring an additional 36,360 shares during the quarter. FRP comprises about 2.1% of Guardian Wealth Management Inc.'s investment portfolio, making the stock its 17th biggest position. Guardian Wealth Management Inc. owned about 0.58% of FRP worth $3,141,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in FRP in the 4th quarter worth $1,789,000. JPMorgan Chase & Co. grew its position in FRP by 58.7% in the 4th quarter. JPMorgan Chase & Co. now owns 61,160 shares of the financial services provider's stock worth $1,873,000 after purchasing an additional 22,620 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in FRP by 92.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 38,447 shares of the financial services provider's stock worth $1,178,000 after purchasing an additional 18,452 shares during the last quarter. Northern Trust Corp grew its position in FRP by 14.1% in the 4th 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 during the last quarter. Finally, Two Sigma Investments LP acquired a new stake in FRP in the 4th quarter worth $476,000. Institutional investors own 45.42% of the company's stock.

FRP Stock Down 0.1%

NASDAQ FRPH traded down $0.03 during midday trading on Friday, hitting $27.22. The company had a trading volume of 24,947 shares, compared to its average volume of 51,107. The stock has a market cap of $519.63 million, a price-to-earnings ratio of 75.61 and a beta of 0.61. The firm has a fifty day simple moving average of $27.10 and a two-hundred day simple moving average of $28.29. FRP Holdings, Inc. has a fifty-two week low of $25.37 and a fifty-two week high of $33.00.

FRP (NASDAQ:FRPH - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. FRP had a net margin of 16.20% and a return on equity of 1.47%. The company had revenue of $10.31 million for the quarter.

FRP Company Profile

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.