Five Point (FPH) Scheduled to Post Earnings on Thursday

Five Point (NYSE:FPH) will be announcing its earnings results after the market closes on Thursday, April 18th. Investors interested in listening to the company’s conference call can do so using this link.

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

Five Point Stock Performance

Shares of FPH opened at $3.09 on Tuesday. Five Point has a 52 week low of $2.13 and a 52 week high of $3.74. The firm has a market cap of $458.22 million, a P/E ratio of 4.12 and a beta of 1.43. The firm’s 50-day simple moving average is $3.15 and its 200 day simple moving average is $2.90.

Wall Street Analyst Weigh In

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

Insider Transactions at Five Point

In other news, major shareholder Luxor Capital Group, Lp sold 23,881 shares of the firm’s stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $3.07, for a total transaction of $73,314.67. Following the transaction, the insider now directly owns 57,024 shares of the company’s stock, valued at $175,063.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders have sold 42,269 shares of company stock valued at $131,760. 4.28% of the stock is currently owned by company insiders.

Institutional Trading of Five Point

Several large investors have recently made changes to their positions in FPH. Lazard Asset Management LLC acquired a new stake in shares of Five Point during the 1st quarter worth approximately $37,000. Elkhorn Partners Limited Partnership boosted its position in shares of Five Point by 70.0% during the 4th quarter. Elkhorn Partners Limited Partnership now owns 17,000 shares of the company’s stock worth $40,000 after acquiring an additional 7,000 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Five Point during the 1st quarter worth approximately $62,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Five Point during the 1st quarter worth approximately $62,000. Finally, Two Sigma Investments LP acquired a new stake in shares of Five Point during the 4th quarter worth approximately $76,000. Institutional investors and hedge funds 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.