Five Point Holdings, LLC (NYSE:FPH) Shares Purchased by O Keefe Stevens Advisory Inc.

O Keefe Stevens Advisory Inc. grew its position in shares of Five Point Holdings, LLC (NYSE:FPH) by 18.4% during the third quarter, Holdings Channel reports. The firm owned 2,018,525 shares of the company’s stock after acquiring an additional 313,110 shares during the quarter. Five Point makes up approximately 2.5% of O Keefe Stevens Advisory Inc.’s portfolio, making the stock its 15th biggest holding. O Keefe Stevens Advisory Inc.’s holdings in Five Point were worth $8,377,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. WINTON GROUP Ltd raised its holdings in shares of Five Point by 89.3% in the 2nd 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 period. Hillsdale Investment Management Inc. boosted its holdings in Five Point by 12.6% during the 1st quarter. Hillsdale Investment Management Inc. now owns 44,700 shares of the company’s stock valued at $140,000 after acquiring an additional 5,000 shares during the period. Choreo LLC acquired a new position in Five Point in the 2nd quarter valued at about $293,000. Park West Asset Management LLC increased its stake in Five Point by 75.0% during the fourth quarter. Park West Asset Management LLC now owns 350,000 shares of the company’s stock worth $1,074,000 after purchasing an additional 150,000 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Five Point by 13.3% during 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. 38.09% of the stock is currently owned by hedge funds and other institutional investors.

Five Point Stock Performance

NYSE FPH opened at $4.09 on Wednesday. Five Point Holdings, LLC has a one year low of $2.13 and a one year high of $4.39. The firm has a 50 day simple moving average of $3.35 and a 200-day simple moving average of $3.18. The firm has a market cap of $606.51 million, a price-to-earnings ratio of 4.81 and a beta of 1.46.

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

Insider Activity at Five Point

In other Five Point 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 transaction of $160,777.62. Following the sale, the insider now owns 54,543 shares in the company, valued at $186,537.06. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders sold 9,214,153 shares of company stock worth $28,871,935. Company 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.