WINTON GROUP Ltd Increases Holdings in Five Point Holdings, LLC (NYSE:FPH)

WINTON GROUP Ltd boosted its holdings in shares of Five Point Holdings, LLC (NYSE:FPH) by 89.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,452 shares of the company’s stock after purchasing an additional 17,196 shares during the period. WINTON GROUP Ltd’s holdings in Five Point were worth $107,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FPH. Park West Asset Management LLC increased its holdings in Five Point by 75.0% during the 4th quarter. Park West Asset Management LLC now owns 350,000 shares of the company’s stock valued at $1,074,000 after purchasing an additional 150,000 shares during the period. ACR Alpine Capital Research LLC grew its holdings in shares of Five Point by 16.2% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 962,595 shares of the company’s stock worth $2,820,000 after acquiring an additional 134,472 shares during the period. O Keefe Stevens Advisory Inc. grew its holdings 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 worth $4,997,000 after acquiring an additional 128,015 shares during the period. Private Management Group Inc. grew its holdings in shares of Five Point by 2.5% during the 2nd quarter. Private Management Group Inc. now owns 5,023,874 shares of the company’s stock worth $14,720,000 after acquiring an additional 124,806 shares during the period. Finally, TCW Group Inc. grew its holdings in shares of Five Point by 17.2% during the 4th quarter. TCW Group Inc. now owns 826,037 shares of the company’s stock worth $2,536,000 after acquiring an additional 121,337 shares during the period. Hedge funds and other institutional investors own 38.09% of the company’s stock.

Five Point Stock Performance

FPH stock opened at $3.36 on Thursday. Five Point Holdings, LLC has a fifty-two week low of $2.13 and a fifty-two week high of $3.60. The business’s 50 day moving average price is $3.14 and its two-hundred day moving average price is $3.10. The company has a market capitalization of $498.25 million, a price-to-earnings ratio of 3.94 and a beta of 1.45.

Five Point (NYSE:FPH) last posted its earnings results on Thursday, July 18th. The company reported $0.21 earnings per share for the quarter. Five Point had a return on equity of 2.70% and a net margin of 21.73%. The firm had revenue of $51.19 million for the quarter.

Insiders Place Their Bets

In other news, major shareholder Luxor Capital Group, Lp sold 106,984 shares of the business’s stock in a transaction that occurred on Friday, July 19th. The stock was sold at an average price of $3.12, for a total value of $333,790.08. Following the sale, the insider now directly owns 54,928 shares of the company’s stock, valued at approximately $171,375.36. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 4.36% of the company’s stock.

About Five Point

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.