American Century Companies Inc. Sells 6,397 Shares of Five Point Holdings, LLC (NYSE:FPH)

American Century Companies Inc. lowered its holdings in shares of Five Point Holdings, LLC (NYSE:FPH) by 17.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,811 shares of the company’s stock after selling 6,397 shares during the quarter. American Century Companies Inc.’s holdings in Five Point were worth $90,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of FPH. TCW Group Inc. increased its position in shares of Five Point by 0.4% during the second quarter. TCW Group Inc. now owns 1,133,537 shares of the company’s stock worth $3,321,000 after acquiring an additional 5,000 shares during the period. Hillsdale Investment Management Inc. increased its holdings in Five Point by 12.6% during the 1st quarter. Hillsdale Investment Management Inc. now owns 44,700 shares of the company’s stock worth $140,000 after purchasing an additional 5,000 shares during the period. O Keefe Stevens Advisory Inc. raised its position in Five Point by 1.9% during the 1st quarter. O Keefe Stevens Advisory Inc. now owns 1,577,400 shares of the company’s stock valued at $4,937,000 after purchasing an additional 28,841 shares in the last quarter. Choreo LLC purchased a new stake in shares of Five Point in the 2nd quarter worth $293,000. Finally, Private Management Group Inc. lifted its holdings in shares of Five Point by 2.5% in the 2nd quarter. Private Management Group Inc. now owns 5,023,874 shares of the company’s stock worth $14,720,000 after buying an additional 124,806 shares during the period. Institutional investors own 38.09% of the company’s stock.

Five Point Trading Down 0.9 %

Shares of Five Point stock opened at $4.24 on Friday. The stock’s fifty day moving average price is $3.32 and its 200-day moving average price is $3.16. The firm has a market cap of $628.75 million, a P/E ratio of 4.99 and a beta of 1.46. Five Point Holdings, LLC has a 12 month low of $2.13 and a 12 month high of $4.39.

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

Insider Activity at Five Point

In other Five Point news, major shareholder Luxor Capital Group, Lp sold 47,011 shares of the company’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $3.42, for a total transaction of $160,777.62. Following the completion of the sale, the insider now owns 54,543 shares in the company, valued at $186,537.06. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 9,214,153 shares of company stock valued at $28,871,935 over the last ninety days. 4.36% of the stock is owned by company insiders.

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.