Five Point (FPH) Scheduled to Post Earnings on Thursday

Five Point (NYSE:FPH - Get Free Report) will be announcing its earnings results after the market closes on Thursday, April 18th.

Five Point (NYSE:FPH - Get Free Report) last released its quarterly earnings results on Thursday, January 18th. The company reported $0.39 earnings per share for the quarter. The firm had revenue of $118.76 million during the quarter. Five Point had a return on equity of 2.89% and a net margin of 26.16%.

Five Point Stock Performance

Five Point stock traded down $0.08 on Monday, reaching $3.09. The company's stock had a trading volume of 37,086 shares, compared to its average volume of 87,896. The business's fifty day moving average price is $3.15 and its 200 day moving average price is $2.90. The company has a market cap of $458.22 million, a price-to-earnings ratio of 4.12 and a beta of 1.43. Five Point has a twelve month low of $2.13 and a twelve month high of $3.74.

Analyst Ratings Changes

Separately, TheStreet upgraded shares of Five Point from a "d" rating to a "c-" rating in a research report on Friday, January 19th.

Insider Activity

In other news, major shareholder Luxor Capital Group, Lp sold 23,881 shares of Five Point stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of $3.07, for a total value of $73,314.67. Following the completion of the sale, the insider now directly owns 57,024 shares of the company's stock, valued at approximately $175,063.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 49,825 shares of company stock valued at $152,841 over the last three months. 4.28% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company boosted its position in shares of Five Point by 0.5% in the 1st quarter. The Manufacturers Life Insurance Company now owns 4,937,392 shares of the company's stock worth $30,167,000 after purchasing an additional 26,671 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in Five Point by 21.1% in the third quarter. Neuberger Berman Group LLC now owns 860,161 shares of the company's stock valued at $2,237,000 after buying an additional 149,820 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Five Point by 25.0% during the first quarter. Dimensional Fund Advisors LP now owns 589,837 shares of the company's stock worth $3,604,000 after buying an additional 117,810 shares during the last quarter. TCW Group Inc. grew its position in shares of Five Point by 79.3% during the 1st quarter. TCW Group Inc. now owns 547,000 shares of the company's stock worth $1,291,000 after buying an additional 242,000 shares during the period. Finally, Millennium Management LLC grew its position in shares of Five Point by 240.8% during the 4th quarter. Millennium Management LLC now owns 507,928 shares of the company's stock worth $1,183,000 after buying an additional 358,883 shares during the period. Institutional investors own 38.09% of the company's stock.

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.