Five Point Holdings, LLC (NYSE:FPH) Insider Sells $106,906.88 in Stock

Five Point Holdings, LLC (NYSE:FPH) insider Kim Tobler sold 18,496 shares of Five Point stock in a transaction dated Saturday, March 8th. The shares were sold at an average price of $5.78, for a total value of $106,906.88. Following the completion of the transaction, the insider now owns 17,927 shares of the company’s stock, valued at approximately $103,618.06. This represents a 50.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Five Point Stock Performance

Shares of NYSE FPH opened at $5.30 on Friday. The firm has a fifty day moving average of $5.18 and a 200 day moving average of $4.25. The firm has a market cap of $787.43 million, a PE ratio of 5.52 and a beta of 1.59. Five Point Holdings, LLC has a one year low of $2.83 and a one year high of $6.71.

Five Point (NYSE:FPH) last released its earnings results on Thursday, January 23rd. The company reported $0.65 EPS for the quarter. Five Point had a net margin of 28.70% and a return on equity of 3.38%.

Institutional Investors Weigh In On Five Point

Institutional investors have recently bought and sold shares of the company. Private Management Group Inc. lifted its position in shares of Five Point by 9.8% in the fourth quarter. Private Management Group Inc. now owns 5,525,607 shares of the company’s stock valued at $20,887,000 after acquiring an additional 493,138 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Five Point by 2,431.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 436,686 shares of the company’s stock valued at $1,651,000 after purchasing an additional 419,436 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Five Point in the 4th quarter valued at $1,274,000. Dimensional Fund Advisors LP boosted its stake in Five Point by 26.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 947,949 shares of the company’s stock worth $3,583,000 after purchasing an additional 198,103 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. grew its holdings in shares of Five Point by 8.1% during the fourth quarter. O Keefe Stevens Advisory Inc. now owns 2,182,172 shares of the company’s stock worth $8,249,000 after buying an additional 163,647 shares in the last quarter. 38.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Zelman & Associates raised Five Point from a “neutral” rating to an “outperform” rating in a report on Monday, January 27th.

About Five Point

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.