Five Point Holdings, LLC (NYSE:FPH) Shares Bought by Private Management Group Inc.

Private Management Group Inc. lifted its stake in Five Point Holdings, LLC (NYSE:FPH) by 0.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,032,469 shares of the company’s stock after buying an additional 8,595 shares during the period. Private Management Group Inc. owned approximately 3.39% of Five Point worth $20,885,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FPH. O Keefe Stevens Advisory Inc. lifted its holdings in Five Point by 18.4% in the 3rd quarter. O Keefe Stevens Advisory Inc. now owns 2,018,525 shares of the company’s stock worth $8,377,000 after buying an additional 313,110 shares in the last quarter. ACR Alpine Capital Research LLC raised its stake in shares of Five Point by 16.2% in the 2nd quarter. ACR Alpine Capital Research LLC now owns 962,595 shares of the company’s stock valued at $2,820,000 after purchasing an additional 134,472 shares in the last quarter. Choreo LLC bought a new position in shares of Five Point during the second quarter worth about $293,000. Dimensional Fund Advisors LP grew its stake in Five Point by 13.3% in the second quarter. Dimensional Fund Advisors LP now owns 657,834 shares of the company’s stock worth $1,928,000 after purchasing an additional 77,369 shares in the last quarter. Finally, WINTON GROUP Ltd increased its holdings in 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. Institutional investors and hedge funds own 38.09% of the company’s stock.

Five Point Stock Up 0.7 %

NYSE:FPH traded up $0.03 during trading hours on Friday, reaching $4.05. 216,107 shares of the stock were exchanged, compared to its average volume of 193,164. The stock has a market capitalization of $600.57 million, a P/E ratio of 5.79 and a beta of 1.46. The firm has a 50 day simple moving average of $3.69 and a 200-day simple moving average of $3.29. Five Point Holdings, LLC has a 52 week low of $2.38 and a 52 week high of $4.39.

Five Point (NYSE:FPH) last issued its earnings results on Thursday, October 17th. The company reported $0.07 earnings per share for the quarter. Five Point had a net margin of 26.19% and a return on equity of 2.57%. The company had revenue of $17.01 million for the quarter.

Insiders Place Their Bets

In other Five Point news, major shareholder Luxor Capital Group, Lp sold 8,990,369 shares of the firm’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $3.13, for a total value of $28,139,854.97. Following the sale, the insider now directly owns 4,248 shares in the company, valued at approximately $13,296.24. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Five Point news, Director Sam Levinson bought 3,283,024 shares of the stock in a transaction that occurred on Tuesday, October 22nd. The shares were purchased at an average cost of $3.15 per share, for a total transaction of $10,341,525.60. Following the transaction, the director now directly owns 6,219,241 shares in the company, valued at $19,590,609.15. The trade was a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Luxor Capital Group, Lp sold 8,990,369 shares of Five Point stock in a transaction on 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 sale, 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 disclosure for this sale can be found here. Insiders have sold 9,104,569 shares of company stock valued at $28,529,747 over the last quarter. Insiders own 4.36% of the company’s stock.

Five Point 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.