FRP Holdings, Inc. (NASDAQ:FRPH) Short Interest Update

FRP Holdings, Inc. (NASDAQ:FRPH - Get Free Report) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 142,900 shares, a growth of 29.4% from the March 15th total of 110,400 shares. Based on an average daily trading volume, of 39,400 shares, the short-interest ratio is presently 3.6 days. Currently, 1.0% of the company's stock are sold short.

FRP Price Performance

Shares of NASDAQ:FRPH traded down $0.00 during midday trading on Thursday, hitting $26.71. 7,556 shares of the company's stock were exchanged, compared to its average volume of 28,936. FRP has a 12 month low of $25.37 and a 12 month high of $33.00. The company has a market cap of $509.74 million, a PE ratio of 66.94 and a beta of 0.53. The stock has a 50 day moving average price of $28.70 and a 200-day moving average price of $29.92.

FRP (NASDAQ:FRPH - Get Free Report) last issued its quarterly earnings data on Wednesday, March 5th. The financial services provider reported $0.09 EPS for the quarter. FRP had a return on equity of 1.67% and a net margin of 18.35%. The firm had revenue of $10.53 million during the quarter.

Hedge Funds Weigh In On FRP

Several large investors have recently bought and sold shares of FRPH. Rhumbline Advisers raised its holdings in shares of FRP by 2.3% in the fourth quarter. Rhumbline Advisers now owns 20,995 shares of the financial services provider's stock valued at $643,000 after purchasing an additional 465 shares during the last quarter. American Century Companies Inc. increased its stake in FRP by 4.6% in the 4th quarter. American Century Companies Inc. now owns 13,328 shares of the financial services provider's stock valued at $408,000 after buying an additional 592 shares during the last quarter. Epacria Capital Partners LLC lifted its position in shares of FRP by 1.8% during the 4th quarter. Epacria Capital Partners LLC now owns 46,828 shares of the financial services provider's stock worth $1,434,000 after buying an additional 806 shares in the last quarter. State Street Corp boosted its stake in shares of FRP by 0.4% in the 3rd quarter. State Street Corp now owns 283,930 shares of the financial services provider's stock worth $8,478,000 after buying an additional 1,005 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of FRP by 9.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,586 shares of the financial services provider's stock valued at $417,000 after acquiring an additional 1,159 shares in the last quarter. 45.42% of the stock is currently owned by institutional investors.

About FRP

FRP Holdings, Inc engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia.