Renaissance Technologies LLC Has $1.91 Million Stock Holdings in FRP Holdings, Inc. (NASDAQ:FRPH)

Renaissance Technologies LLC boosted its holdings in shares of FRP Holdings, Inc. (NASDAQ:FRPH - Free Report) by 25.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,400 shares of the financial services provider's stock after purchasing an additional 12,800 shares during the period. Renaissance Technologies LLC owned 0.33% of FRP worth $1,911,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. HighTower Advisors LLC acquired a new stake in shares of FRP in the fourth quarter valued at $59,067,000. Vanguard Group Inc. grew its holdings in FRP by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 661,164 shares of the financial services provider's stock worth $20,251,000 after acquiring an additional 10,663 shares during the last quarter. State Street Corp increased its position in FRP by 0.4% in the 3rd quarter. State Street Corp now owns 283,930 shares of the financial services provider's stock valued at $8,478,000 after acquiring an additional 1,005 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of FRP by 58.7% in the fourth quarter. JPMorgan Chase & Co. now owns 61,160 shares of the financial services provider's stock worth $1,873,000 after acquiring an additional 22,620 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of FRP during the fourth quarter worth approximately $1,789,000. Institutional investors own 45.42% of the company's stock.

FRP Trading Up 0.4 %

Shares of FRP stock traded up $0.11 during midday trading on Tuesday, reaching $26.88. The company had a trading volume of 33,401 shares, compared to its average volume of 29,291. The stock has a fifty day simple moving average of $28.41 and a 200 day simple moving average of $29.86. FRP Holdings, Inc. has a 1-year low of $25.37 and a 1-year high of $33.00. The company has a market capitalization of $513.06 million, a price-to-earnings ratio of 67.20 and a beta of 0.53.

FRP (NASDAQ:FRPH - Get Free Report) last released its earnings results on Wednesday, March 5th. The financial services provider reported $0.09 EPS for the quarter. The company had revenue of $10.53 million during 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.