Barclays PLC Has $681,000 Position in FRP Holdings, Inc. (NASDAQ:FRPH)

Barclays PLC lifted its stake in shares of FRP Holdings, Inc. (NASDAQ:FRPH) by 217.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,771 shares of the financial services provider’s stock after purchasing an additional 15,599 shares during the quarter. Barclays PLC owned 0.12% of FRP worth $681,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. State Street Corp increased its holdings in FRP by 0.4% in the 3rd quarter. State Street Corp now owns 283,930 shares of the financial services provider’s stock worth $8,478,000 after purchasing an additional 1,005 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of FRP by 1.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 109,415 shares of the financial services provider’s stock valued at $3,267,000 after buying an additional 1,845 shares during the period. GSA Capital Partners LLP raised its holdings in FRP by 7.1% in the 3rd quarter. GSA Capital Partners LLP now owns 20,065 shares of the financial services provider’s stock valued at $599,000 after buying an additional 1,329 shares during the last quarter. SG Americas Securities LLC acquired a new stake in FRP during the 3rd quarter worth approximately $155,000. Finally, Hsbc Holdings PLC grew its holdings in FRP by 116.2% during the 2nd quarter. Hsbc Holdings PLC now owns 9,272 shares of the financial services provider’s stock worth $266,000 after acquiring an additional 4,983 shares during the last quarter. 45.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of FRP from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th.

FRP Stock Up 1.1 %

Shares of NASDAQ:FRPH opened at $30.27 on Friday. The firm has a market cap of $576.04 million, a P/E ratio of 75.68 and a beta of 0.50. FRP Holdings, Inc. has a 12-month low of $26.99 and a 12-month high of $33.00. The business has a fifty day simple moving average of $30.88 and a 200 day simple moving average of $29.87.

Insider Activity

In other news, EVP John D. Milton, Jr. sold 960 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $31.25, for a total value of $30,000.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, President David H. Devilliers, Jr. sold 1,281 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $31.22, for a total transaction of $39,992.82. Following the completion of the sale, the president now directly owns 60,987 shares in the company, valued at approximately $1,904,014.14. This represents a 2.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,841 shares of company stock valued at $339,972. Company insiders own 22.80% of the company’s stock.

FRP Profile

FRP Holdings, Inc engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia.