Five Point (NYSE:FPH) Shares Up 6.2%

Five Point Holdings, LLC (NYSE:FPH – Get Free Report)’s stock price rose 6.2% on Friday . The stock traded as high as $3.80 and last traded at $3.79. Approximately 496,619 shares traded hands during trading, an increase of 177% from the average daily volume of 179,317 shares. The stock had previously closed at $3.57. Five [...]

featured-image

Five Point Holdings, LLC ( NYSE:FPH – Get Free Report )’s stock price rose 6.2% on Friday . The stock traded as high as $3.

80 and last traded at $3.79. Approximately 496,619 shares traded hands during trading, an increase of 177% from the average daily volume of 179,317 shares.



The stock had previously closed at $3.57. Five Point Trading Up 12.

6 % The business’s 50-day moving average is $3.22 and its two-hundred day moving average is $3.13.

The stock has a market capitalization of $596.13 million, a PE ratio of 4.73 and a beta of 1.

45. Five Point ( NYSE:FPH – Get Free Report ) last announced its earnings results on Thursday, July 18th. The company reported $0.

21 EPS for the quarter. The business had revenue of $51.19 million for the quarter.

Five Point had a return on equity of 2.70% and a net margin of 21.73%.

Insider Activity Institutional Investors Weigh In On Five Point A number of hedge funds have recently bought and sold shares of FPH. Park West Asset Management LLC raised its holdings in Five Point by 75.0% in the fourth quarter.

Park West Asset Management LLC now owns 350,000 shares of the company’s stock valued at $1,074,000 after acquiring an additional 150,000 shares in the last quarter. O Keefe Stevens Advisory Inc. grew its stake in Five Point by 1.

9% in the first quarter. O Keefe Stevens Advisory Inc. now owns 1,577,400 shares of the company’s stock worth $4,937,000 after purchasing an additional 28,841 shares in the last quarter.

ACR Alpine Capital Research LLC increased 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 valued at $2,592,000 after buying an additional 133,898 shares during the last quarter.

Hillsdale Investment Management Inc. raised its stake in Five Point by 12.6% during the first quarter.

Hillsdale Investment Management Inc. now owns 44,700 shares of the company’s stock valued at $140,000 after buying an additional 5,000 shares in the last quarter. Finally, TCW Group Inc.

lifted its holdings in Five Point by 0.4% during the 2nd quarter. TCW Group Inc.

now owns 1,133,537 shares of the company’s stock worth $3,321,000 after buying an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 38.09% of the company’s stock.

Five Point Company Profile ( Get Free Report ) 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.

Featured Stories 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 ..