Five Point (NYSE:FPH) Trading Down 5% - Should You Sell?

Shares of Five Point Holdings, LLC (NYSE:FPH - Get Free Report) traded down 5% during trading on Monday . The company traded as low as $5.38 and last traded at $5.39. 55,455 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 277,399 shares. The stock had previously closed at $5.68.

Analyst Ratings Changes

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

Five Point Stock Performance

The business has a 50 day simple moving average of $5.27 and a two-hundred day simple moving average of $4.67. The firm has a market capitalization of $786.69 million, a P/E ratio of 5.51 and a beta of 1.46.

Five Point (NYSE:FPH - Get Free Report) last issued its quarterly 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 firm had revenue of $13.16 million for the quarter.

Insiders Place Their Bets

In related news, insider Kim Tobler sold 18,496 shares of the stock in a transaction dated Saturday, March 8th. The stock was sold at an average price of $5.78, for a total transaction of $106,906.88. Following the completion of the sale, the insider now directly owns 17,927 shares in the company, valued at $103,618.06. This represents a 50.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 21.49% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Robotti Robert increased its position in shares of Five Point by 1.1% in the fourth quarter. Robotti Robert now owns 6,779,047 shares of the company's stock valued at $25,625,000 after acquiring an additional 75,000 shares during the period. Private Management Group Inc. raised its position in Five Point by 9.8% during the 4th quarter. Private Management Group Inc. now owns 5,525,607 shares of the company's stock valued at $20,887,000 after purchasing an additional 493,138 shares during the last quarter. Bank of America Corp DE lifted its holdings in Five Point by 0.3% in the 4th quarter. Bank of America Corp DE now owns 2,848,981 shares of the company's stock worth $10,769,000 after buying an additional 7,666 shares during the period. O Keefe Stevens Advisory Inc. increased its stake in shares of Five Point by 2.5% during the first quarter. O Keefe Stevens Advisory Inc. now owns 2,236,313 shares of the company's stock valued at $11,942,000 after buying an additional 54,141 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Five Point by 26.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 947,949 shares of the company's stock valued at $3,583,000 after acquiring an additional 198,103 shares in the last quarter. 38.09% of the stock is owned by hedge funds and other institutional investors.

About Five Point

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.