Five Point Holdings, LLC (NYSE:FPH) Short Interest Update

Five Point Holdings, LLC (NYSE:FPH - Get Free Report) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 256,500 shares, an increase of 109.6% from the January 15th total of 122,400 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 376,800 shares, the short-interest ratio is presently 0.7 days.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Five Point

Large investors have recently bought and sold shares of the stock. Lazard Asset Management LLC acquired a new stake in Five Point in the fourth quarter worth $45,000. XTX Topco Ltd acquired a new stake in Five Point in the third quarter worth $70,000. Envestnet Asset Management Inc. lifted its stake in shares of Five Point by 21.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 17,364 shares of the company's stock valued at $66,000 after buying an additional 3,052 shares in the last quarter. Pure Financial Advisors LLC bought a new position in shares of Five Point in the third quarter valued at $73,000. Finally, Jane Street Group LLC bought a new position in shares of Five Point in the third quarter valued at $76,000. 38.09% of the stock is currently owned by institutional investors and hedge funds.

Five Point Stock Down 1.6 %

NYSE FPH traded down $0.10 on Monday, hitting $5.90. The company's stock had a trading volume of 391,731 shares, compared to its average volume of 674,418. Five Point has a 1-year low of $2.83 and a 1-year high of $6.71. The company's 50-day moving average is $4.54 and its 200 day moving average is $3.96. The firm has a market cap of $874.17 million, a PE ratio of 6.14 and a beta of 1.54.

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

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.