Five Point Holdings, LLC (NYSE:FPH) Insider Kim Tobler Sells 18,496 Shares

Five Point Holdings, LLC (NYSE:FPH) insider Kim Tobler sold 18,496 shares of the firm’s stock in a transaction dated Saturday, March 8th. The shares were sold at an average price of $5.78, for a total transaction of $106,906.88. Following the completion of the sale, the insider now owns 17,927 shares of the company’s stock, valued at $103,618.06. This trade represents a 50.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Five Point Stock Down 0.1 %

NYSE FPH traded down $0.01 during mid-day trading on Tuesday, hitting $5.35. The stock had a trading volume of 211,468 shares, compared to its average volume of 262,672. The company has a 50 day simple moving average of $5.15 and a 200 day simple moving average of $4.25. The company has a market cap of $794.87 million, a price-to-earnings ratio of 5.57 and a beta of 1.59. Five Point Holdings, LLC has a 52-week low of $2.83 and a 52-week high of $6.71.

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

Wall Street Analysts Forecast Growth

Separately, Zelman & Associates raised shares of Five Point from a “neutral” rating to an “outperform” rating in a report on Monday, January 27th.

Institutional Investors Weigh In On Five Point

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its holdings in shares of Five Point by 21.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 17,364 shares of the company’s stock worth $66,000 after acquiring an additional 3,052 shares during the last quarter. Bfsg LLC increased its position in 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 purchasing an additional 3,310 shares in the last quarter. XTX Topco Ltd raised its stake in Five Point by 24.5% in the 4th quarter. XTX Topco Ltd now owns 21,079 shares of the company’s stock valued at $80,000 after purchasing an additional 4,145 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Five Point by 0.4% in the 3rd quarter. Wellington Management Group LLP now owns 957,856 shares of the company’s stock valued at $3,975,000 after purchasing an additional 4,281 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its stake in shares of Five Point by 14.9% during the 4th quarter. Squarepoint Ops LLC now owns 42,003 shares of the company’s stock worth $159,000 after purchasing an additional 5,447 shares during the last quarter. Hedge funds and other institutional investors own 38.09% of the company’s stock.

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.