Five Point Holdings, LLC (NYSE:FPH) Short Interest Update

Five Point Holdings, LLC (NYSE:FPH) saw a significant increase in short interest during 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. Based on an average daily trading volume, of 218,600 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the company’s shares are sold short.

Institutional Investors Weigh In On Five Point

A number of hedge funds have recently bought and sold shares of the stock. XTX Topco Ltd purchased a new stake in Five Point during the third quarter worth approximately $70,000. Pure Financial Advisors LLC acquired a new position in Five Point during the third quarter worth approximately $73,000. Jane Street Group LLC acquired a new position in Five Point during the third quarter worth approximately $76,000. Meixler Investment Management Ltd. acquired a new position in Five Point during the fourth quarter worth approximately $75,000. Finally, SG Americas Securities LLC acquired a new position in Five Point during the fourth quarter worth approximately $80,000. Institutional investors and hedge funds own 38.09% of the company’s stock.

Analyst Ratings Changes

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

Five Point Stock Performance

Shares of FPH traded up $0.40 during trading hours on Thursday, hitting $6.44. 683,547 shares of the stock were exchanged, compared to its average volume of 567,432. Five Point has a 12-month low of $2.83 and a 12-month high of $6.46. The company has a market cap of $954.25 million, a price-to-earnings ratio of 9.19 and a beta of 1.46. The stock’s 50-day moving average price is $4.05 and its two-hundred day moving average price is $3.71.

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

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.