Shares of Five Point Holdings, LLC (NYSE:FPH - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $6.44 and last traded at $6.46, with a volume of 563563 shares. The stock had previously closed at $6.04.
Wall Street Analyst Weigh In
Separately, Zelman & Associates raised Five Point from a "neutral" rating to an "outperform" rating in a research report on Monday, January 27th.
Read Our Latest Stock Analysis on FPH
Five Point Trading Down 5.2 %
The stock has a 50-day moving average of $4.15 and a 200-day moving average of $3.77. The firm has a market cap of $923.85 million, a price-to-earnings ratio of 6.49 and a beta of 1.53.
Five Point (NYSE:FPH - Get Free Report) last announced its quarterly earnings data 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%.
Hedge Funds Weigh In On Five Point
Large investors have recently made changes to their positions in the business. XTX Topco Ltd bought a new stake in Five Point during the 3rd quarter worth about $70,000. Pure Financial Advisors LLC acquired a new stake in Five Point in the third quarter valued at $73,000. Jane Street Group LLC acquired a new position in shares of Five Point during the 3rd quarter worth approximately $76,000. Meixler Investment Management Ltd. bought a new position in Five Point in the 4th quarter valued at about $75,000. Finally, SG Americas Securities LLC acquired a new position in shares of Five Point in the fourth quarter valued at about $80,000. Institutional investors and hedge funds own 38.09% of the company's stock.
Five Point Company Profile
(
Get Free Report)
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.
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