Short Interest in Five Point Holdings, LLC (NYSE:FPH) Rises By 152.9%

Five Point Holdings, LLC (NYSE:FPH - Get Free Report) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 220,300 shares, an increase of 152.9% from the December 31st total of 87,100 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 218,600 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FPH. Private Management Group Inc. raised its holdings in Five Point by 9.8% during the fourth quarter. Private Management Group Inc. now owns 5,525,607 shares of the company's stock valued at $20,887,000 after acquiring an additional 493,138 shares during the period. O Keefe Stevens Advisory Inc. lifted its holdings in Five Point by 8.1% in the 4th quarter. O Keefe Stevens Advisory Inc. now owns 2,182,172 shares of the company's stock worth $8,249,000 after purchasing an additional 163,647 shares in the last quarter. TCW Group Inc. boosted its stake in Five Point by 3.1% in the 3rd 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 boosted its stake in Five Point by 0.4% in the 3rd quarter. Wellington Management Group LLP now owns 957,856 shares of the company's stock worth $3,975,000 after purchasing an additional 4,281 shares during the period. Finally, Dimensional Fund Advisors LP grew 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 valued at $1,928,000 after buying an additional 77,369 shares in the last quarter. Institutional investors own 38.09% of the company's stock.

Five Point Trading Up 1.1 %

NYSE:FPH traded up $0.07 during mid-day trading on Wednesday, reaching $6.04. The company's stock had a trading volume of 403,707 shares, compared to its average volume of 560,981. The firm's fifty day moving average price is $3.96 and its two-hundred day moving average price is $3.67. The stock has a market cap of $894.93 million, a P/E ratio of 8.62 and a beta of 1.46. Five Point has a 12-month low of $2.83 and a 12-month high of $6.37.

Five Point (NYSE:FPH - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The company reported $0.65 earnings per share (EPS) for the quarter. Five Point had a return on equity of 2.57% and a net margin of 26.19%.

Wall Street Analyst Weigh In

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

About Five Point

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.

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