Five Point Holdings, LLC (NYSE:FPH - Get Free Report) was up 4.3% during trading on Thursday . The stock traded as high as $6.08 and last traded at $6.03. Approximately 208,002 shares traded hands during trading, a decline of 29% from the average daily volume of 294,688 shares. The stock had previously closed at $5.78.
Five Point Trading Down 0.2%
The company has a market cap of $896.72 million, a price-to-earnings ratio of 4.82 and a beta of 1.53. The firm's fifty day simple moving average is $5.57 and its 200 day simple moving average is $5.28.
Five Point (NYSE:FPH - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.32 EPS for the quarter. Five Point had a net margin of 37.01% and a return on equity of 4.23%. The company had revenue of $13.16 million during the quarter.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Robotti Robert boosted its holdings in shares of Five Point by 1.1% in the 4th quarter. Robotti Robert now owns 6,779,047 shares of the company's stock valued at $25,625,000 after buying an additional 75,000 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of 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 valued at $10,769,000 after buying an additional 7,666 shares in the last quarter. O Keefe Stevens Advisory Inc. boosted its holdings in shares of Five Point by 2.5% in the 1st 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 in the last quarter. Wellington Management Group LLP boosted its holdings in shares of Five Point by 10.3% in the 1st quarter. Wellington Management Group LLP now owns 1,030,817 shares of the company's stock valued at $5,505,000 after buying an additional 96,300 shares in the last quarter. Finally, ACR Alpine Capital Research LLC boosted its holdings in shares of Five Point by 3.4% in the 1st quarter. ACR Alpine Capital Research LLC now owns 998,198 shares of the company's stock valued at $5,330,000 after buying an additional 32,540 shares in the last quarter. Institutional investors and hedge funds own 38.09% of the company's stock.
About Five Point
(
Get Free Report)
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.
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