FRP Holdings, Inc. (NASDAQ:FRPH) VP John D. Milton, Jr. sold 2,000 shares of the company’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $45.73, for a total transaction of $91,460.00. Following the transaction, the vice president now owns 1,800 shares of the company’s stock, valued at $82,314. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

FRP Holdings, Inc. (FRPH) traded up 0.77% during trading on Friday, reaching $45.95. 29,984 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $44.76 and a 200 day moving average price of $43.06. The firm has a market capitalization of $459.59 million, a price-to-earnings ratio of 62.52 and a beta of 0.55. FRP Holdings, Inc. has a 52 week low of $28.90 and a 52 week high of $49.35.

FRP Holdings (NASDAQ:FRPH) last released its earnings results on Thursday, August 3rd. The financial services provider reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. FRP Holdings had a return on equity of 3.40% and a net margin of 17.90%. The company had revenue of $9.36 million during the quarter. Equities research analysts forecast that FRP Holdings, Inc. will post $0.77 earnings per share for the current fiscal year.

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Institutional investors have recently added to or reduced their stakes in the business. Royce & Associates LP lifted its holdings in FRP Holdings by 4.7% in the second quarter. Royce & Associates LP now owns 756,249 shares of the financial services provider’s stock valued at $34,901,000 after acquiring an additional 33,900 shares during the period. Teton Advisors Inc. lifted its holdings in FRP Holdings by 2.4% in the second quarter. Teton Advisors Inc. now owns 25,100 shares of the financial services provider’s stock valued at $1,158,000 after acquiring an additional 600 shares during the period. Bank of New York Mellon Corp lifted its holdings in FRP Holdings by 6.7% in the second quarter. Bank of New York Mellon Corp now owns 27,609 shares of the financial services provider’s stock valued at $1,274,000 after acquiring an additional 1,730 shares during the period. Schwab Charles Investment Management Inc. lifted its holdings in FRP Holdings by 0.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 33,421 shares of the financial services provider’s stock valued at $1,543,000 after acquiring an additional 133 shares during the period. Finally, State Street Corp lifted its holdings in FRP Holdings by 7.1% in the second quarter. State Street Corp now owns 115,839 shares of the financial services provider’s stock valued at $5,349,000 after acquiring an additional 7,703 shares during the period. 45.52% of the stock is owned by institutional investors.

Separately, BidaskClub upgraded shares of FRP Holdings from a “hold” rating to a “buy” rating in a research report on Monday, July 31st.

FRP Holdings Company Profile

FRP Holdings, Inc is a holding company engaged in various real estate businesses. The Company conducts its business through its subsidiaries, FRP Maryland, Inc, FRP Development Corp. and Florida Rock Properties, Inc The segments of the Company include leasing and management of warehouse and office building owned by the Company (the Asset Management Segment), leasing and management of mining royalty land owned by the Company (the Mining Royalty Lands Segment) and real property acquisition, entitlement, development and construction primarily for warehouse and office buildings (the Land Development and Construction Segment).

Insider Buying and Selling by Quarter for FRP Holdings (NASDAQ:FRPH)

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