Five Point Holdings, LLC (NYSE:FPH) Shares Purchased by O Keefe Stevens Advisory Inc.

O Keefe Stevens Advisory Inc. increased its stake in shares of Five Point Holdings, LLC (NYSE:FPH - Free Report) by 8.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,182,172 shares of the company's stock after purchasing an additional 163,647 shares during the period. Five Point makes up approximately 2.6% of O Keefe Stevens Advisory Inc.'s investment portfolio, making the stock its 16th largest position. O Keefe Stevens Advisory Inc. owned 1.47% of Five Point worth $8,249,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. TCW Group Inc. increased its stake in Five Point by 3.1% during 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 during the period. Wellington Management Group LLP increased its stake in Five Point by 0.4% during the 3rd quarter. Wellington Management Group LLP now owns 957,856 shares of the company's stock worth $3,975,000 after buying an additional 4,281 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Five Point by 13.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 657,834 shares of the company's stock worth $1,928,000 after buying an additional 77,369 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in Five Point by 131.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 88,376 shares of the company's stock valued at $367,000 after buying an additional 50,234 shares during the period. Finally, Virtu Financial LLC purchased a new position in Five Point in the 3rd quarter valued at approximately $105,000. Institutional investors and hedge funds own 38.09% of the company's stock.

Five Point Price Performance

Shares of NYSE FPH traded up $0.18 during mid-day trading on Friday, hitting $4.09. The company had a trading volume of 425,161 shares, compared to its average volume of 205,126. The company has a market capitalization of $606.51 million, a PE ratio of 5.84 and a beta of 1.46. The business's 50-day simple moving average is $3.80 and its 200 day simple moving average is $3.58. Five Point Holdings, LLC has a 1-year low of $2.83 and a 1-year high of $4.39.

Five Point (NYSE:FPH - Get Free Report) last issued its earnings results on Thursday, October 17th. The company reported $0.07 earnings per share for the quarter. Five Point had a net margin of 26.19% and a return on equity of 2.57%. The firm had revenue of $17.01 million for the quarter.

Insider Activity

In related news, Director Sam Levinson acquired 3,283,024 shares of the firm's stock in a transaction on Tuesday, October 22nd. The stock was bought at an average price of $3.15 per share, for a total transaction of $10,341,525.60. Following the completion of the purchase, the director now directly owns 6,219,241 shares of the company's stock, valued at approximately $19,590,609.15. The trade was a 111.81 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.36% of the company's stock.

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.