O Keefe Stevens Advisory Inc. Raises Holdings in Five Point Holdings, LLC (NYSE:FPH)

O Keefe Stevens Advisory Inc. raised its position in Five Point Holdings, LLC (NYSE:FPH) by 18.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 2,018,525 shares of the company’s stock after purchasing an additional 313,110 shares during the period. Five Point accounts for approximately 2.5% of O Keefe Stevens Advisory Inc.’s portfolio, making the stock its 15th biggest holding. O Keefe Stevens Advisory Inc. owned approximately 1.36% of Five Point worth $8,377,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FPH. WINTON GROUP Ltd raised its position in shares of Five Point by 89.3% in the second quarter. WINTON GROUP Ltd now owns 36,452 shares of the company’s stock valued at $107,000 after buying an additional 17,196 shares during the last quarter. Hillsdale Investment Management Inc. lifted its stake in Five Point by 12.6% in 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 in the last quarter. Choreo LLC purchased a new position in Five Point in the 2nd quarter worth approximately $293,000. Park West Asset Management LLC boosted its holdings in shares of Five Point by 75.0% during the 4th quarter. Park West Asset Management LLC now owns 350,000 shares of the company’s stock worth $1,074,000 after purchasing an additional 150,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Five Point by 13.3% in the second quarter. Dimensional Fund Advisors LP now owns 657,834 shares of the company’s stock valued at $1,928,000 after purchasing an additional 77,369 shares in the last quarter. Institutional investors and hedge funds own 38.09% of the company’s stock.

Insider Buying and Selling

In other Five Point news, major shareholder Luxor Capital Group, Lp sold 8,990,369 shares of the business’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $3.13, for a total value of $28,139,854.97. Following the transaction, the insider now directly owns 4,248 shares in the company, valued at $13,296.24. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 9,214,153 shares of company stock worth $28,871,935. Insiders own 4.36% of the company’s stock.

Five Point Stock Performance

Shares of Five Point stock opened at $4.09 on Wednesday. The business’s 50 day moving average price is $3.35 and its 200 day moving average price is $3.18. The company has a market cap of $606.51 million, a price-to-earnings ratio of 4.81 and a beta of 1.46. Five Point Holdings, LLC has a one year low of $2.13 and a one year 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. The business had revenue of $51.19 million during the quarter. Five Point had a return on equity of 2.70% and a net margin of 21.73%.

Five Point Company 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.