Five Point (NYSE:FPH) Shares Down 3.2% - Should You Sell?

Five Point Holdings, LLC (NYSE:FPH - Get Free Report) shares traded down 3.2% on Monday . The stock traded as low as $5.35 and last traded at $5.37. 101,024 shares were traded during mid-day trading, a decline of 62% from the average session volume of 264,904 shares. The stock had previously closed at $5.55.

Analysts Set New Price Targets

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

Five Point Trading Down 2.1 %

The business's 50 day moving average price is $5.39 and its 200-day moving average price is $4.34. The company has a market cap of $814.94 million, a price-to-earnings ratio of 5.71 and a beta of 1.59.

Five Point (NYSE:FPH - Get Free Report) last issued 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%.

Insider Buying and Selling at Five Point

In related news, insider Kim Tobler sold 18,496 shares of Five Point stock in a transaction that occurred on Saturday, March 8th. The shares were sold at an average price of $5.78, for a total transaction of $106,906.88. Following the sale, the insider now directly owns 17,927 shares of the company's stock, valued at approximately $103,618.06. The trade was a 50.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 4.36% of the company's stock.

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Institutional Investors Weigh In On Five Point

Several hedge funds and other institutional investors have recently made changes to their positions in FPH. Private Management Group Inc. grew its holdings 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 valued at $20,887,000 after purchasing an additional 493,138 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Five Point by 2,431.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 436,686 shares of the company's stock worth $1,651,000 after acquiring an additional 419,436 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Five Point during the 4th quarter worth approximately $1,274,000. Dimensional Fund Advisors LP grew its holdings in Five Point by 26.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 947,949 shares of the company's stock worth $3,583,000 after acquiring an additional 198,103 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. grew its holdings 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 last quarter. 38.09% of the stock is owned by institutional investors.

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.