17,510 Shares in Five Point Holdings, LLC (NYSE:FPH) Purchased by Pure Financial Advisors LLC

Pure Financial Advisors LLC acquired a new position in shares of Five Point Holdings, LLC (NYSE:FPH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 17,510 shares of the company’s stock, valued at approximately $73,000.

Several other large investors have also made changes to their positions in FPH. ACR Alpine Capital Research LLC raised its holdings in Five Point by 19.3% in the 1st quarter. ACR Alpine Capital Research LLC now owns 828,123 shares of the company’s stock valued at $2,592,000 after acquiring an additional 133,898 shares in the last quarter. Hillsdale Investment Management Inc. raised its stake in shares of Five Point by 12.6% in the first 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 in the last quarter. O Keefe Stevens Advisory Inc. raised its stake in shares of Five Point by 8.1% in the second quarter. O Keefe Stevens Advisory Inc. now owns 1,705,415 shares of the company’s stock valued at $4,997,000 after purchasing an additional 128,015 shares in the last quarter. TCW Group Inc. raised its stake in shares of Five Point by 0.4% in the second quarter. TCW Group Inc. now owns 1,133,537 shares of the company’s stock valued at $3,321,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Private Management Group Inc. raised its stake in shares of Five Point by 2.5% in the second quarter. Private Management Group Inc. now owns 5,023,874 shares of the company’s stock valued at $14,720,000 after purchasing an additional 124,806 shares in the last quarter. Institutional investors and hedge funds own 38.09% of the company’s stock.

Five Point Trading Up 0.5 %

Shares of NYSE FPH opened at $4.07 on Tuesday. The business has a fifty day simple moving average of $3.69 and a 200 day simple moving average of $3.29. The firm has a market capitalization of $603.54 million, a price-to-earnings ratio of 5.81 and a beta of 1.47. Five Point Holdings, LLC has a one year low of $2.38 and a one year high of $4.39.

Five Point (NYSE:FPH) last issued its earnings results on Thursday, October 17th. The company reported $0.07 EPS for the quarter. The business had revenue of $17.01 million during the quarter. Five Point had a return on equity of 2.57% and a net margin of 26.19%.

Insiders Place Their Bets

In other Five Point news, major shareholder Luxor Capital Group, Lp sold 67,189 shares of the stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $3.41, for a total transaction of $229,114.49. Following the completion of the transaction, the insider now directly owns 53,853 shares in the company, valued at $183,638.73. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Five Point news, Director Sam Levinson bought 3,283,024 shares of the firm’s stock in a transaction dated Tuesday, October 22nd. The shares were bought at an average price of $3.15 per share, for a total transaction of $10,341,525.60. Following the completion of the acquisition, the director now owns 6,219,241 shares of the company’s stock, valued at approximately $19,590,609.15. This trade represents a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Luxor Capital Group, Lp sold 67,189 shares of the stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $3.41, for a total value of $229,114.49. Following the sale, the insider now owns 53,853 shares in the company, valued at $183,638.73. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,104,569 shares of company stock worth $28,529,747 over the last three months. 4.36% of the stock is currently owned by corporate insiders.

Five Point 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.