Five Point Holdings, LLC (NYSE:FPH) Major Shareholder Sells $12,667.49 in Stock

Five Point Holdings, LLC (NYSE:FPH) major shareholder Luxor Capital Group, Lp sold 3,971 shares of Five Point stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $3.19, for a total value of $12,667.49. Following the completion of the sale, the insider now owns 5,359,147 shares of the company’s stock, valued at $17,095,678.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Luxor Capital Group, Lp also recently made the following trade(s):

• On Wednesday, April 10th, Luxor Capital Group, Lp sold 23,881 shares of Five Point stock. The stock was sold at an average price of $3.07, for a total value of $73,314.67.
• On Monday, April 1st, Luxor Capital Group, Lp sold 4,163 shares of Five Point stock. The stock was sold at an average price of $3.15, for a total value of $13,113.45.
• On Thursday, March 28th, Luxor Capital Group, Lp sold 1,251 shares of Five Point stock. The shares were sold at an average price of $3.20, for a total value of $4,003.20.
• On Tuesday, March 26th, Luxor Capital Group, Lp sold 7,732 shares of Five Point stock. The shares were sold at an average price of $3.19, for a total value of $24,665.08.
• On Tuesday, January 16th, Luxor Capital Group, Lp sold 7,556 shares of Five Point stock. The shares were sold at an average price of $2.79, for a total value of $21,081.24.

Five Point Stock Performance

NYSE FPH opened at $3.12 on Friday. Five Point Holdings, LLC has a 52 week low of $2.13 and a 52 week high of $3.74. The stock has a market capitalization of $462.66 million, a price-to-earnings ratio of 4.16 and a beta of 1.43. The stock’s 50 day moving average price is $3.16 and its two-hundred day moving average price is $2.90.

Five Point (NYSE:FPH) last announced its quarterly earnings data on Thursday, January 18th. The company reported $0.39 earnings per share (EPS) for the quarter. Five Point had a return on equity of 2.89% and a net margin of 26.16%. The company had revenue of $118.76 million for the quarter.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded Five Point from a “d” rating to a “c-” rating in a research note on Friday, January 19th.

Institutional Investors Weigh In On Five Point

A number of institutional investors and hedge funds have recently made changes to their positions in FPH. Swiss National Bank raised its stake in shares of Five Point by 8.9% during the 1st quarter. Swiss National Bank now owns 140,900 shares of the company’s stock worth $861,000 after purchasing an additional 11,500 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Five Point by 60.0% during the 1st quarter. JPMorgan Chase & Co. now owns 31,405 shares of the company’s stock worth $192,000 after acquiring an additional 11,776 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Five Point by 15.8% during the 1st quarter. Raymond James & Associates now owns 184,854 shares of the company’s stock worth $1,129,000 after acquiring an additional 25,199 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Five Point during the 1st quarter worth approximately $62,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Five Point by 25.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 589,837 shares of the company’s stock worth $3,604,000 after acquiring an additional 117,810 shares during the last quarter. Institutional investors own 38.09% of the company’s stock.

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.