Jane Street Group LLC Takes Position in Five Point Holdings, LLC (NYSE:FPH)

Jane Street Group LLC acquired a new position in shares of Five Point Holdings, LLC (NYSE:FPH) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 18,255 shares of the company’s stock, valued at approximately $76,000.

Other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP raised its position in Five Point by 0.4% in the third quarter. Wellington Management Group LLP now owns 957,856 shares of the company’s stock valued at $3,975,000 after purchasing an additional 4,281 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Five Point by 131.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 88,376 shares of the company’s stock worth $367,000 after purchasing an additional 50,234 shares during the last quarter. Pure Financial Advisors LLC purchased a new stake in Five Point in the 3rd quarter valued at about $73,000. O Keefe Stevens Advisory Inc. boosted its stake in Five Point by 18.4% during the third quarter. O Keefe Stevens Advisory Inc. now owns 2,018,525 shares of the company’s stock worth $8,377,000 after buying an additional 313,110 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of 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 acquiring an additional 77,369 shares during the last quarter. 38.09% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Sam Levinson purchased 3,283,024 shares of Five Point stock in a transaction on Tuesday, October 22nd. The shares were bought at an average price of $3.15 per share, with a total value of $10,341,525.60. Following the transaction, the director now directly owns 6,219,241 shares of the company’s stock, valued at approximately $19,590,609.15. This trade represents a 111.81 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.36% of the company’s stock.

Five Point Stock Up 1.6 %

Shares of NYSE FPH opened at $3.76 on Thursday. The business’s 50 day moving average is $3.80 and its two-hundred day moving average is $3.56. Five Point Holdings, LLC has a 52-week low of $2.73 and a 52-week high of $4.39. The firm has a market cap of $557.57 million, a price-to-earnings ratio of 5.37 and a beta of 1.46.

Five Point (NYSE:FPH) last posted its earnings results on Thursday, October 17th. The company reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $17.01 million for the quarter. Five Point had a return on equity of 2.57% and a net margin of 26.19%.

Five Point 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.