Trinity Place Holdings Inc (NYSEAMERICAN:TPHS) insider Mfp Partners Lp bought 2,127,146 shares of the company’s stock in a transaction dated Tuesday, June 11th. The stock was purchased at an average cost of $3.60 per share, for a total transaction of $7,657,725.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
TPHS traded down $0.15 on Wednesday, reaching $3.91. 56,400 shares of the company traded hands, compared to its average volume of 43,651. Trinity Place Holdings Inc has a 52-week low of $3.53 and a 52-week high of $7.24.
Trinity Place (NYSEAMERICAN:TPHS) last announced its quarterly earnings data on Wednesday, May 8th. The company reported ($0.07) EPS for the quarter. The company had revenue of $1.29 million for the quarter.
Institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in Trinity Place by 6.0% during the first quarter. BlackRock Inc. now owns 976,803 shares of the company’s stock valued at $3,908,000 after buying an additional 55,038 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Trinity Place by 1.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 521,825 shares of the company’s stock worth $2,087,000 after purchasing an additional 6,852 shares during the period. Geode Capital Management LLC increased its holdings in Trinity Place by 8.3% during the 4th quarter. Geode Capital Management LLC now owns 107,854 shares of the company’s stock worth $468,000 after purchasing an additional 8,254 shares during the period. Boyar Asset Management Inc. increased its holdings in Trinity Place by 27.8% during the 1st quarter. Boyar Asset Management Inc. now owns 74,262 shares of the company’s stock worth $297,000 after purchasing an additional 16,160 shares during the period. Finally, CIBC World Markets Inc. increased its holdings in Trinity Place by 89.1% during the 1st quarter. CIBC World Markets Inc. now owns 69,502 shares of the company’s stock worth $278,000 after purchasing an additional 32,752 shares during the period.
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Trinity Place Company Profile
Trinity Place Holdings Inc, a real estate holding, investment, and asset management company, primarily acquires, invests in, owns, manages, develops or redevelops, and sells real estate assets and/or real estate related securities in the United States. The company's principal asset is located at 77 Greenwich Street in Lower Manhattan.
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