Proficio Capital Partners LLC Buys Shares of 16,877 FRP Holdings, Inc. (NASDAQ:FRPH)

Proficio Capital Partners LLC acquired a new position in FRP Holdings, Inc. (NASDAQ:FRPH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,877 shares of the financial services provider’s stock, valued at approximately $517,000. Proficio Capital Partners LLC owned approximately 0.09% of FRP at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FRPH. R Squared Ltd acquired a new stake in shares of FRP in the 4th quarter worth $65,000. GSA Capital Partners LLP boosted its position in shares of FRP by 7.1% in the 3rd quarter. GSA Capital Partners LLP now owns 20,065 shares of the financial services provider’s stock worth $599,000 after purchasing an additional 1,329 shares in the last quarter. Rhumbline Advisers boosted its position in shares of FRP by 2.3% in the 4th quarter. Rhumbline Advisers now owns 20,995 shares of the financial services provider’s stock worth $643,000 after purchasing an additional 465 shares in the last quarter. Barclays PLC boosted its position in shares of FRP by 217.5% in the 3rd quarter. Barclays PLC now owns 22,771 shares of the financial services provider’s stock worth $681,000 after purchasing an additional 15,599 shares in the last quarter. Finally, Meixler Investment Management Ltd. acquired a new stake in shares of FRP in the 4th quarter worth $793,000. Institutional investors and hedge funds own 45.42% of the company’s stock.

FRP Price Performance

FRP stock opened at $29.77 on Monday. The stock has a market capitalization of $566.52 million, a price-to-earnings ratio of 74.43 and a beta of 0.49. FRP Holdings, Inc. has a 1-year low of $26.99 and a 1-year high of $33.00. The business has a fifty day moving average price of $30.59 and a 200-day moving average price of $30.36.

FRP (NASDAQ:FRPH) last issued its earnings results on Wednesday, March 5th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $10.53 million during the quarter. FRP had a return on equity of 1.67% and a net margin of 18.35%.

About FRP

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.