Five Point (NYSE:FPH) Trading Up 4.6%

Shares of Five Point Holdings, LLC (NYSE:FPH) were up 4.6% during mid-day trading on Monday . The stock traded as high as $3.40 and last traded at $3.40. Approximately 22,771 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 81,149 shares. The stock had previously closed at $3.25.

Five Point Trading Up 3.4 %

The stock has a market capitalization of $498.25 million, a price-to-earnings ratio of 3.82 and a beta of 1.45. The firm’s 50 day simple moving average is $3.13 and its 200-day simple moving average is $3.10.

Five Point (NYSE:FPH) last released its quarterly earnings data on Thursday, July 18th. The company reported $0.21 earnings per share for the quarter. The company had revenue of $51.19 million for the quarter. Five Point had a net margin of 21.73% and a return on equity of 2.70%.

Insider Transactions at Five Point

In other news, major shareholder Luxor Capital Group, Lp sold 106,984 shares of the business’s stock in a transaction dated Friday, July 19th. The shares were sold at an average price of $3.12, for a total transaction of $333,790.08. Following the transaction, the insider now directly owns 54,928 shares in the company, valued at approximately $171,375.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.36% of the stock is owned by company insiders.

Institutional Trading of Five Point

A number of institutional investors have recently bought and sold shares of FPH. TCW Group Inc. lifted its holdings in shares of Five Point by 0.4% during the 2nd quarter. TCW Group Inc. now owns 1,133,537 shares of the company’s stock worth $3,321,000 after acquiring an additional 5,000 shares during the period. Hillsdale Investment Management Inc. lifted its holdings in shares of Five Point by 12.6% during the 1st quarter. Hillsdale Investment Management Inc. now owns 44,700 shares of the company’s stock worth $140,000 after acquiring an additional 5,000 shares during the period. WINTON GROUP Ltd lifted its holdings in shares of Five Point by 89.3% during the 2nd quarter. WINTON GROUP Ltd now owns 36,452 shares of the company’s stock worth $107,000 after acquiring an additional 17,196 shares during the period. O Keefe Stevens Advisory Inc. increased its position in Five Point by 1.9% during the 1st quarter. O Keefe Stevens Advisory Inc. now owns 1,577,400 shares of the company’s stock worth $4,937,000 after purchasing an additional 28,841 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in Five Point by 13.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 657,834 shares of the company’s stock worth $1,928,000 after purchasing an additional 77,369 shares in the last quarter. 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.