Barclays PLC Has $681,000 Stake in FRP Holdings, Inc. (NASDAQ:FRPH)

Barclays PLC lifted its stake in FRP Holdings, Inc. (NASDAQ:FRPH) by 217.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,771 shares of the financial services provider’s stock after purchasing an additional 15,599 shares during the period. Barclays PLC owned 0.12% of FRP worth $681,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. State Street Corp boosted its position in FRP by 0.4% in the 3rd quarter. State Street Corp now owns 283,930 shares of the financial services provider’s stock valued at $8,478,000 after buying an additional 1,005 shares during the last quarter. GSA Capital Partners LLP lifted its stake in shares of FRP by 7.1% during the third quarter. GSA Capital Partners LLP now owns 20,065 shares of the financial services provider’s stock valued at $599,000 after acquiring an additional 1,329 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in FRP by 1.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 109,415 shares of the financial services provider’s stock valued at $3,267,000 after acquiring an additional 1,845 shares during the last quarter. Hsbc Holdings PLC increased its position in FRP by 116.2% in the second quarter. Hsbc Holdings PLC now owns 9,272 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 4,983 shares during the period. Finally, SG Americas Securities LLC bought a new stake in FRP during the 3rd quarter worth about $155,000. Institutional investors own 45.42% of the company’s stock.

FRP Stock Performance

Shares of FRPH stock opened at $30.63 on Thursday. The firm’s 50 day moving average price is $30.87 and its two-hundred day moving average price is $29.80. The stock has a market cap of $582.89 million, a PE ratio of 76.58 and a beta of 0.50. FRP Holdings, Inc. has a 52-week low of $26.99 and a 52-week high of $33.00.

Insider Transactions at FRP

In related news, Director Martin E. Stein, Jr. sold 1,029 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $33.00, for a total value of $33,957.00. Following the sale, the director now directly owns 138,399 shares in the company, valued at $4,567,167. This trade represents a 0.74 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, President David H. Devilliers, Jr. sold 1,281 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $31.22, for a total transaction of $39,992.82. Following the transaction, the president now owns 60,987 shares of the company’s stock, valued at approximately $1,904,014.14. This represents a 2.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,841 shares of company stock worth $339,972 in the last three months. Insiders own 22.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of FRP from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th.

About FRP

FRP Holdings, Inc engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia.