Bfsg LLC Purchases 3,310 Shares of Five Point Holdings, LLC (NYSE:FPH)

Bfsg LLC lifted its position in shares of Five Point Holdings, LLC (NYSE:FPH) by 8.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,195 shares of the company’s stock after buying an additional 3,310 shares during the quarter. Bfsg LLC’s holdings in Five Point were worth $159,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Private Management Group Inc. lifted its stake in shares of Five Point by 9.8% during the 4th quarter. Private Management Group Inc. now owns 5,525,607 shares of the company’s stock worth $20,887,000 after purchasing an additional 493,138 shares during the last quarter. O Keefe Stevens Advisory Inc. lifted its stake in shares of Five Point by 8.1% during the 4th quarter. O Keefe Stevens Advisory Inc. now owns 2,182,172 shares of the company’s stock worth $8,249,000 after purchasing an additional 163,647 shares during the last quarter. TCW Group Inc. lifted its stake in shares of Five Point by 3.1% during the 3rd quarter. TCW Group Inc. now owns 1,168,437 shares of the company’s stock worth $4,849,000 after purchasing an additional 34,900 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Five Point by 0.4% during the 3rd quarter. Wellington Management Group LLP now owns 957,856 shares of the company’s stock worth $3,975,000 after purchasing an additional 4,281 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Five Point by 131.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 88,376 shares of the company’s stock worth $367,000 after purchasing an additional 50,234 shares during the last quarter. Institutional investors own 38.09% of the company’s stock.

Five Point Stock Performance

Five Point stock opened at $5.99 on Wednesday. The stock has a 50-day moving average of $4.59 and a two-hundred day moving average of $3.98. Five Point Holdings, LLC has a one year low of $2.83 and a one year high of $6.71. The stock has a market cap of $887.52 million, a PE ratio of 6.23 and a beta of 1.54.

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

Wall Street Analysts Forecast Growth

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

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.