16,877 Shares in FRP Holdings, Inc. (NASDAQ:FRPH) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new position in shares of FRP Holdings, Inc. (NASDAQ:FRPH - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 16,877 shares of the financial services provider's stock, valued at approximately $517,000. Proficio Capital Partners LLC owned approximately 0.09% of FRP at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. R Squared Ltd purchased a new stake in FRP during the fourth quarter worth $65,000. GSA Capital Partners LLP boosted its position in shares of FRP by 7.1% in the 3rd quarter. GSA Capital Partners LLP now owns 20,065 shares of the financial services provider's stock worth $599,000 after buying an additional 1,329 shares in the last quarter. Rhumbline Advisers grew its stake in FRP by 2.3% in the 4th quarter. Rhumbline Advisers now owns 20,995 shares of the financial services provider's stock valued at $643,000 after acquiring an additional 465 shares during the last quarter. Barclays PLC increased its holdings in FRP by 217.5% during the 3rd quarter. Barclays PLC now owns 22,771 shares of the financial services provider's stock valued at $681,000 after acquiring an additional 15,599 shares in the last quarter. Finally, Meixler Investment Management Ltd. purchased a new position in FRP during the 4th quarter valued at about $793,000. Institutional investors and hedge funds own 45.42% of the company's stock.

FRP Price Performance

Shares of NASDAQ FRPH traded down $1.07 on Thursday, hitting $27.56. The company's stock had a trading volume of 22,417 shares, compared to its average volume of 31,520. The stock has a 50 day moving average of $30.46 and a 200-day moving average of $30.33. The company has a market capitalization of $524.49 million, a price-to-earnings ratio of 68.90 and a beta of 0.49. FRP Holdings, Inc. has a 12-month low of $26.99 and a 12-month high of $33.00.

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

FRP Profile

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.