Dimensional Fund Advisors LP Buys 77,369 Shares of Five Point Holdings, LLC (NYSE:FPH)

Dimensional Fund Advisors LP lifted its stake in shares of Five Point Holdings, LLC (NYSE:FPH) by 13.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 657,834 shares of the company’s stock after purchasing an additional 77,369 shares during the quarter. Dimensional Fund Advisors LP owned 0.44% of Five Point worth $1,928,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Management Group Inc. grew its position in Five Point by 2.5% during the second 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 in the last quarter. O Keefe Stevens Advisory Inc. grew its position in Five Point by 8.1% during the second quarter. O Keefe Stevens Advisory Inc. now owns 1,705,415 shares of the company’s stock worth $4,997,000 after buying an additional 128,015 shares in the last quarter. TCW Group Inc. grew its position in 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 buying an additional 5,000 shares in the last quarter. ACR Alpine Capital Research LLC grew its position in Five Point by 16.2% during the second quarter. ACR Alpine Capital Research LLC now owns 962,595 shares of the company’s stock worth $2,820,000 after buying an additional 134,472 shares in the last quarter. Finally, Choreo LLC purchased a new position in Five Point during the second quarter worth about $293,000. 38.09% of the stock is currently owned by institutional investors.

Insider Transactions at Five Point

In other news, major shareholder Luxor Capital Group, Lp sold 47,011 shares of the company’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $3.42, for a total value of $160,777.62. Following the completion of the transaction, the insider now directly owns 54,543 shares in the company, valued at approximately $186,537.06. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders sold 9,214,153 shares of company stock worth $28,871,935. 4.36% of the stock is currently owned by corporate insiders.

Five Point Price Performance

Five Point stock opened at $4.01 on Friday. Five Point Holdings, LLC has a 52 week low of $2.13 and a 52 week high of $4.39. The business has a 50-day simple moving average of $3.39 and a 200 day simple moving average of $3.20. The stock has a market cap of $593.90 million, a price-to-earnings ratio of 5.56 and a beta of 1.46.

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

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.