Shares of Five Point Holdings, LLC (NYSE:FPH – Get Free Report) fell 3.9% on Monday . The stock traded as low as $3.90 and last traded at $3.90. 129,587 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 191,976 shares. The stock had previously closed at $4.06.
Five Point Stock Down 3.7 %
The stock has a fifty day moving average price of $3.60 and a 200-day moving average price of $3.26. The firm has a market cap of $579.81 million, a price-to-earnings ratio of 5.67 and a beta of 1.46.
Five Point (NYSE:FPH – Get Free Report) last announced its quarterly earnings data on Thursday, October 17th. The company reported $0.07 EPS for the quarter. Five Point had a net margin of 26.19% and a return on equity of 2.57%. The firm had revenue of $17.01 million during the quarter.
Insider Activity at Five Point
Hedge Funds Weigh In On Five Point
Hedge funds and other institutional investors have recently modified their holdings of the company. WINTON GROUP Ltd grew its stake in shares of Five Point by 89.3% in the second quarter. WINTON GROUP Ltd now owns 36,452 shares of the company’s stock valued at $107,000 after buying an additional 17,196 shares in the last quarter. Hillsdale Investment Management Inc. lifted its position in Five Point by 12.6% in the 1st quarter. Hillsdale Investment Management Inc. now owns 44,700 shares of the company’s stock valued at $140,000 after purchasing an additional 5,000 shares during the last quarter. Choreo LLC bought a new stake in shares of Five Point during the second quarter valued at approximately $293,000. Dimensional Fund Advisors LP boosted 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 acquiring an additional 77,369 shares during the period. Finally, ACR Alpine Capital Research LLC lifted its holdings in Five Point by 19.3% in the first quarter. ACR Alpine Capital Research LLC now owns 828,123 shares of the company’s stock worth $2,592,000 after purchasing an additional 133,898 shares during the period. 38.09% of the stock is owned by institutional investors and hedge funds.
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.
See Also
- Five stocks we like better than Five Point
- What Investors Need to Know to Beat the Market
- Inflation Risk Rising, Key Trades Investors Are Making Now
- What is the FTSE 100 index?
- 3 Oil Stocks to Watch Before Earnings Come Out
- How to Effectively Use the MarketBeat Ratings Screener
- Is American Express Stock’s Sell-the-News Reaction a Buying Opp?
Receive News & Ratings for Five Point Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Point and related companies with MarketBeat.com's FREE daily email newsletter.