Five Point Holdings, LLC (NYSE:FPH) is Robotti Robert's 6th Largest Position

Robotti Robert lifted its holdings in shares of Five Point Holdings, LLC (NYSE:FPH - Free Report) by 1.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,779,047 shares of the company's stock after acquiring an additional 75,000 shares during the quarter. Five Point makes up about 4.5% of Robotti Robert's portfolio, making the stock its 6th biggest holding. Robotti Robert owned 4.57% of Five Point worth $25,625,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. LPL Financial LLC increased its holdings in shares of Five Point by 20.4% during the fourth quarter. LPL Financial LLC now owns 87,796 shares of the company's stock worth $332,000 after purchasing an additional 14,852 shares during the period. American Century Companies Inc. acquired a new stake in shares of Five Point during the 4th quarter worth $166,000. Raymond James Financial Inc. acquired a new stake in shares of Five Point in the 4th quarter valued at $1,274,000. Bfsg LLC raised its holdings in shares of Five Point by 8.5% during the 4th quarter. Bfsg LLC now owns 42,195 shares of the company's stock worth $159,000 after buying an additional 3,310 shares in the last quarter. Finally, Meixler Investment Management Ltd. bought a new stake in shares of Five Point during the 4th quarter worth $75,000. 38.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Zelman & Associates upgraded Five Point from a "neutral" rating to an "outperform" rating in a research note on Monday, January 27th.

Five Point Stock Down 1.8 %

NYSE FPH traded down $0.10 on Monday, hitting $5.21. The company's stock had a trading volume of 55,585 shares, compared to its average volume of 267,998. Five Point Holdings, LLC has a 1-year low of $2.83 and a 1-year high of $6.71. The firm has a market cap of $774.05 million, a PE ratio of 5.42 and a beta of 1.59. The company's 50-day moving average is $5.58 and its 200 day moving average is $4.45.

Five Point (NYSE:FPH - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The company reported $0.65 EPS for the quarter. Five Point had a return on equity of 3.38% and a net margin of 28.70%.

Insider Transactions at Five Point

In other Five Point news, insider Kim Tobler sold 18,496 shares of the business's stock in a transaction that occurred on Saturday, March 8th. The stock was sold at an average price of $5.78, for a total value of $106,906.88. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate 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.