Five Point Holdings, LLC (NYSE:FPH) Short Interest Update

Five Point Holdings, LLC (NYSE:FPH - Get Free Report) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 131,800 shares, a decrease of 12.9% from the March 15th total of 151,400 shares. Currently, 0.2% of the company's shares are sold short. Based on an average daily trading volume, of 90,600 shares, the short-interest ratio is presently 1.5 days.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In related news, major shareholder Luxor Capital Group, Lp sold 23,881 shares of the 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 transaction, the insider now directly owns 57,024 shares in the company, valued at approximately $175,063.68. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In the last three months, insiders have sold 48,554 shares of company stock worth $148,845. Corporate insiders own 4.28% of the company's stock.

Institutional Investors Weigh In On Five Point

A number of institutional investors and hedge funds have recently bought and sold shares of FPH. Swiss National Bank increased its position in shares of Five Point by 8.9% during the 1st quarter. Swiss National Bank now owns 140,900 shares of the company's stock valued at $861,000 after purchasing an additional 11,500 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Five Point by 60.0% during the 1st quarter. JPMorgan Chase & Co. now owns 31,405 shares of the company's stock valued at $192,000 after purchasing an additional 11,776 shares during the last quarter. Raymond James & Associates increased its position in shares of Five Point by 15.8% during the 1st quarter. Raymond James & Associates now owns 184,854 shares of the company's stock valued at $1,129,000 after purchasing an additional 25,199 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Five Point during the 1st quarter valued at $62,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Five Point by 25.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 589,837 shares of the company's stock valued at $3,604,000 after purchasing an additional 117,810 shares during the last quarter. 38.09% of the stock is owned by hedge funds and other institutional investors.

Five Point Stock Up 1.6 %

NYSE FPH traded up $0.05 on Friday, reaching $3.17. The company had a trading volume of 39,371 shares, compared to its average volume of 57,875. The stock has a market capitalization of $470.08 million, a P/E ratio of 4.23 and a beta of 1.43. The company's fifty day moving average is $3.15 and its 200 day moving average is $2.90. Five Point has a 52-week low of $2.13 and a 52-week high of $3.74.

Five Point (NYSE:FPH - Get Free Report) last released its quarterly earnings results on Thursday, January 18th. The company reported $0.39 EPS for the quarter. The business 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%.

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.

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