Walleye Capital LLC Buys Shares of 47,576 Five Point Holdings, LLC (NYSE:FPH)

Walleye Capital LLC purchased a new position in shares of Five Point Holdings, LLC (NYSE:FPH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 47,576 shares of the company's stock, valued at approximately $180,000.

A number of other large investors have also modified their holdings of the company. O Keefe Stevens Advisory Inc. lifted its holdings in Five Point by 8.1% in the fourth quarter. O Keefe Stevens Advisory Inc. now owns 2,182,172 shares of the company's stock worth $8,249,000 after purchasing an additional 163,647 shares during the period. Jane Street Group LLC bought a new position in Five Point during the 3rd quarter valued at $76,000. SG Americas Securities LLC acquired a new position in shares of Five Point during the 4th quarter valued at $80,000. Raymond James Financial Inc. bought a new stake in shares of Five Point in the 4th quarter worth $1,274,000. Finally, Robotti Robert lifted its holdings 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 buying an additional 75,000 shares during the period. Institutional investors and hedge funds own 38.09% of the company's stock.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Five Point

In related 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 transaction of $106,906.88. Following the completion of the sale, 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 document filed with the SEC, which can be accessed through the SEC website. Company insiders own 21.49% of the company's stock.

Five Point Price Performance

Shares of NYSE:FPH traded up $0.11 on Friday, reaching $5.32. 33,608 shares of the company traded hands, compared to its average volume of 334,312. Five Point Holdings, LLC has a fifty-two week low of $2.88 and a fifty-two week high of $6.71. The stock has a market capitalization of $791.00 million, a PE ratio of 5.53 and a beta of 1.46. The company's 50 day moving average is $5.27 and its 200-day moving average is $4.67.

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

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.