FRP Holdings, Inc. (NASDAQ:FRPH – Get Rating) EVP John D. Milton, Jr. sold 5,912 shares of FRP stock in a transaction on Monday, March 13th. The shares were sold at an average price of $55.98, for a total value of $330,953.76. Following the completion of the transaction, the executive vice president now directly owns 2,158 shares of the company’s stock, valued at $120,804.84. The sale was disclosed in a legal filing with the SEC, which is available through this link.
FRP Price Performance
Shares of NASDAQ FRPH opened at $56.00 on Wednesday. The stock has a market capitalization of $529.76 million, a PE ratio of 116.67 and a beta of 0.58. The business has a fifty day moving average price of $56.21 and a two-hundred day moving average price of $56.59. FRP Holdings, Inc. has a fifty-two week low of $53.08 and a fifty-two week high of $63.52.
Hedge Funds Weigh In On FRP
Several hedge funds and other institutional investors have recently added to or reduced their stakes in FRPH. Swiss National Bank raised its holdings in FRP by 7.4% in the 1st quarter. Swiss National Bank now owns 14,500 shares of the financial services provider’s stock valued at $838,000 after acquiring an additional 1,000 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of FRP by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 469,931 shares of the financial services provider’s stock valued at $27,162,000 after purchasing an additional 4,782 shares during the last quarter. Guardian Wealth Management Inc. increased its stake in shares of FRP by 1.8% in the 1st quarter. Guardian Wealth Management Inc. now owns 18,981 shares of the financial services provider’s stock valued at $1,097,000 after purchasing an additional 330 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of FRP by 2.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 47,247 shares of the financial services provider’s stock valued at $2,731,000 after purchasing an additional 1,150 shares during the last quarter. Finally, Ancora Advisors LLC bought a new position in shares of FRP in the 1st quarter valued at $151,000. 45.89% of the stock is owned by institutional investors and hedge funds.
FRP Company Profile
FRP Holdings, Inc is a holding company, which engages in the provision of real estate business. It operates through the following segments: Asset Management, Development, Mining Royalty Lands and Stabilized Joint Venture. The Asset Management segment owns, leases and manages warehouse and office buildings primarily located in the Baltimore, Northern Virginia and Washington DC area.
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