2 weeks Ago By ABMN Staff
Luxor Capital Group LP lowered its position in shares of Five Point Holdings, LLC ( NYSE:FPH – Free Report ) by 3.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,217,461 shares of the company’s stock after selling 314,832 shares during the period.
Five Point makes up about 2.1% of Luxor Capital Group LP’s investment portfolio, making the stock its 11th largest position. Luxor Capital Group LP owned approximately 6.
89% of Five Point worth $29,937,000 at the end of the most recent reporting period. A number of other institutional investors have also made changes to their positions in the company. Private Management Group Inc.
boosted its position in Five Point by 2.5% in the 2nd quarter. Private Management Group Inc.
now owns 5,023,874 shares of the company’s stock valued at $14,720,000 after buying an additional 124,806 shares during the last quarter. O Keefe Stevens Advisory Inc. boosted its stake in shares of Five Point by 8.
1% during the 2nd quarter. O Keefe Stevens Advisory Inc. now owns 1,705,415 shares of the company’s stock valued at $4,997,000 after buying an additional 128,015 shares during the last quarter.
TCW Group Inc. increased 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 worth $3,321,000 after buying an additional 5,000 shares during the last quarter. ACR Alpine Capital Research LLC raised its holdings in Five Point by 16.
2% in the second quarter. ACR Alpine Capital Research LLC now owns 962,595 shares of the company’s stock valued at $2,820,000 after acquiring an additional 134,472 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Five Point by 13.
3% during the second quarter. Dimensional Fund Advisors LP now owns 657,834 shares of the company’s stock valued at $1,928,000 after buying an additional 77,369 shares in the last quarter. 38.
09% of the stock is owned by institutional investors and hedge funds. Five Point Stock Up 1.4 % NYSE:FPH opened at $3.
57 on Friday. Five Point Holdings, LLC has a 52 week low of $2.13 and a 52 week high of $3.
63. The company has a market cap of $529.40 million, a PE ratio of 4.
20 and a beta of 1.45. The business’s 50 day moving average is $3.
20 and its two-hundred day moving average is $3.12. Insiders Place Their Bets In related news, major shareholder Luxor Capital Group, Lp sold 106,984 shares of Five Point stock in a transaction dated Friday, July 19th.
The shares were sold at an average price of $3.12, for a total transaction of $333,790.08.
Following the sale, the insider now directly owns 54,928 shares in the company, valued at $171,375.36. The sale was disclosed in a document filed with the SEC, which is available through the SEC website .
In the last quarter, insiders sold 9,214,153 shares of company stock worth $28,871,935. 4.36% of the stock is owned by company insiders.
About Five Point ( 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.
Further Reading Want to see what other hedge funds are holding FPH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five Point Holdings, LLC ( NYSE:FPH – Free Report ). 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.
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