Five Point Holdings, LLC (NYSE:FPH) Holdings Boosted by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership lifted its position in shares of Five Point Holdings, LLC (NYSE:FPH - Free Report) by 2,431.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 436,686 shares of the company's stock after acquiring an additional 419,436 shares during the period. Arrowstreet Capital Limited Partnership owned 0.29% of Five Point worth $1,651,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Robotti Robert increased its stake in shares of Five Point by 1.1% in the fourth quarter. Robotti Robert now owns 6,779,047 shares of the company's stock valued at $25,625,000 after purchasing an additional 75,000 shares during the period. Private Management Group Inc. raised its stake in Five Point by 9.8% during the 4th 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. O Keefe Stevens Advisory Inc. boosted its position in 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 acquiring an additional 163,647 shares during the period. TCW Group Inc. grew its stake in shares of Five Point by 3.1% in the third 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 in the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of Five Point by 0.4% during the third quarter. Wellington Management Group LLP now owns 957,856 shares of the company's stock valued at $3,975,000 after purchasing an additional 4,281 shares during the period. Institutional investors and hedge funds own 38.09% of the company's stock.

Insider Activity at Five Point

In related news, insider Kim Tobler sold 18,496 shares of Five Point stock in a transaction dated Saturday, March 8th. The stock was sold at an average price of $5.78, for a total value of $106,906.88. Following the transaction, the insider now owns 17,927 shares of the company's stock, valued at approximately $103,618.06. This trade represents a 50.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 4.36% of the company's stock.

Analyst Ratings Changes

Separately, Zelman & Associates upgraded shares of Five Point from a "neutral" rating to an "outperform" rating in a research report on Monday, January 27th.

Five Point Trading Down 1.3 %

NYSE:FPH traded down $0.07 during midday trading on Wednesday, hitting $4.86. 7,301 shares of the stock were exchanged, compared to its average volume of 272,243. The company has a market capitalization of $722.00 million, a price-to-earnings ratio of 5.06 and a beta of 1.46. Five Point Holdings, LLC has a one year low of $2.83 and a one year high of $6.71. The business has a 50-day moving average price of $5.42 and a two-hundred day moving average price of $4.58.

Five Point (NYSE:FPH - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The company reported $0.65 earnings per share for the quarter. Five Point had a return on equity of 3.38% and a net margin of 28.70%.

Five Point Company 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.