UBS Group AG Has $3.27 Million Stock Holdings in FRP Holdings, Inc. $FRPH

UBS Group AG raised its stake in FRP Holdings, Inc. (NASDAQ:FRPH) by 2,000.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,499 shares of the financial services provider’s stock after acquiring an additional 136,667 shares during the period. UBS Group AG owned approximately 0.75% of FRP worth $3,270,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. HB Wealth Management LLC raised its holdings in shares of FRP by 16.8% during the 4th quarter. HB Wealth Management LLC now owns 81,092 shares of the financial services provider’s stock worth $1,848,000 after buying an additional 11,692 shares in the last quarter. CWM LLC raised its holdings in shares of FRP by 63.7% during the 4th quarter. CWM LLC now owns 2,488 shares of the financial services provider’s stock worth $57,000 after buying an additional 968 shares in the last quarter. Signaturefd LLC raised its holdings in shares of FRP by 297.9% during the 4th quarter. Signaturefd LLC now owns 1,154 shares of the financial services provider’s stock worth $26,000 after buying an additional 864 shares in the last quarter. Palisades Investment Partners LLC raised its holdings in shares of FRP by 1.9% during the 4th quarter. Palisades Investment Partners LLC now owns 46,454 shares of the financial services provider’s stock worth $1,059,000 after buying an additional 863 shares in the last quarter. Finally, Salem Investment Counselors Inc. raised its holdings in shares of FRP by 2.8% during the 4th quarter. Salem Investment Counselors Inc. now owns 114,734 shares of the financial services provider’s stock worth $2,615,000 after buying an additional 3,100 shares in the last quarter. Institutional investors and hedge funds own 45.42% of the company’s stock.

Insider Transactions at FRP

In other news, Director John D. Baker II bought 478,468 shares of the stock in a transaction on Monday, March 23rd. The stock was acquired at an average price of $20.90 per share, with a total value of $9,999,981.20. Following the acquisition, the director directly owned 3,050,243 shares in the company, valued at approximately $63,750,078.70. This trade represents a 18.60% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 24.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on FRPH. Wall Street Zen raised FRP from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings reissued a “sell (d+)” rating on shares of FRP in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

FRP Price Performance

Shares of FRPH opened at $22.63 on Monday. FRP Holdings, Inc. has a 12-month low of $20.53 and a 12-month high of $28.35. The business has a 50-day simple moving average of $21.88 and a two-hundred day simple moving average of $22.91. The stock has a market cap of $433.82 million, a PE ratio of 565.89 and a beta of 0.49.

FRP (NASDAQ:FRPH) last issued its earnings results on Tuesday, May 12th. The financial services provider reported ($0.04) earnings per share (EPS) for the quarter. FRP had a return on equity of 0.29% and a net margin of 2.16%.The firm had revenue of $10.59 million during the quarter.

FRP Profile

FRP Holdings, Inc (NASDAQ: FRPH) is an industrial services holding company that provides asset integrity and life-extension solutions to heavy-industry clients. Through its operating subsidiaries, FRP offers a broad suite of non-destructive testing (NDT), inspection services, mechanical maintenance, protective coatings, thermal spray and surface-preparation services. These offerings help clients maintain and extend the service life of critical equipment and infrastructure across multiple sectors.

The company’s core activities include ultrasonic, radiographic and magnetic-particle testing, site-based inspections, welding and fabrication support, and specialized coating applications designed to withstand extreme environments.