O Keefe Stevens Advisory Inc. Has $11.94 Million Holdings in Five Point Holdings, LLC (NYSE:FPH)

O Keefe Stevens Advisory Inc. lifted its position in shares of Five Point Holdings, LLC (NYSE:FPH - Free Report) by 2.5% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,236,313 shares of the company's stock after buying an additional 54,141 shares during the quarter. Five Point comprises 3.9% of O Keefe Stevens Advisory Inc.'s holdings, making the stock its 9th biggest position. O Keefe Stevens Advisory Inc. owned 1.50% of Five Point worth $11,942,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Lazard Asset Management LLC bought a new position in Five Point in the fourth quarter valued at about $45,000. 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. Jump Financial LLC bought a new stake in Five Point in the fourth quarter valued at approximately $70,000. Wolverine Trading LLC bought a new stake in Five Point in the fourth quarter valued at approximately $74,000. Finally, Meixler Investment Management Ltd. bought a new stake in Five Point in the fourth quarter valued at approximately $75,000. Institutional investors and hedge funds own 38.09% of the company's stock.

Five Point Trading Down 0.2%

FPH stock traded down $0.01 during trading on Thursday, hitting $5.67. The company had a trading volume of 31,443 shares, compared to its average volume of 291,194. Five Point Holdings, LLC has a one year low of $2.88 and a one year high of $6.71. The business has a 50-day moving average of $5.26 and a 200-day moving average of $4.92. The stock has a market cap of $843.20 million, a PE ratio of 5.91 and a beta of 1.51.

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

Insider Activity

In other news, insider Kim Tobler sold 18,496 shares of the firm's stock in a transaction that occurred on 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 transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 21.49% of the stock is currently owned by corporate insiders.

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.