Bfsg LLC Increases Stake in Five Point Holdings, LLC (NYSE:FPH)

Bfsg LLC boosted its stake in shares of Five Point Holdings, LLC (NYSE:FPH) by 8.5% in the 4th quarter, Holdings Channel reports. The fund owned 42,195 shares of the company’s stock after buying an additional 3,310 shares during the period. Bfsg LLC’s holdings in Five Point were worth $159,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of FPH. XTX Topco Ltd purchased a new position in Five Point during the third quarter valued at approximately $70,000. Pure Financial Advisors LLC purchased a new position in Five Point during the third quarter valued at approximately $73,000. Meixler Investment Management Ltd. purchased a new position in Five Point during the fourth quarter valued at approximately $75,000. Jane Street Group LLC purchased a new position in Five Point during the third quarter valued at approximately $76,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Five Point in the fourth quarter valued at approximately $80,000. 38.09% of the stock is currently owned by hedge funds and other institutional investors.

Five Point Price Performance

Five Point stock opened at $5.99 on Wednesday. The stock has a market capitalization of $887.52 million, a PE ratio of 6.23 and a beta of 1.54. Five Point Holdings, LLC has a 12 month low of $2.83 and a 12 month high of $6.71. The business has a 50 day simple moving average of $4.59 and a 200-day simple moving average of $3.98.

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

Wall Street Analyst Weigh In

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

Five Point Company Profile

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.