Five Point (FPH) Scheduled to Post Earnings on Thursday

Five Point (NYSE:FPH) is scheduled to be announcing its earnings results after the market closes on Thursday, April 18th. Investors that wish to register for the company’s conference call can do so using this link.

Five Point (NYSE:FPH) last released its earnings results on Thursday, January 18th. The company reported $0.39 earnings per share for the quarter. The firm had revenue of $118.76 million for the quarter. Five Point had a net margin of 26.16% and a return on equity of 2.89%.

Five Point Stock Down 2.5 %

FPH opened at $3.09 on Tuesday. The stock has a market cap of $458.22 million, a price-to-earnings ratio of 4.12 and a beta of 1.43. Five Point has a twelve month low of $2.13 and a twelve month high of $3.74. The company’s 50-day moving average price is $3.15 and its two-hundred day moving average price is $2.90.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded shares of Five Point from a “d” rating to a “c-” rating in a research note on Friday, January 19th.

Insider Activity

In other news, major shareholder Luxor Capital Group, Lp sold 23,881 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $3.07, for a total value of $73,314.67. Following the sale, the insider now owns 57,024 shares of the company’s stock, valued at $175,063.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 42,269 shares of company stock valued at $131,760 over the last quarter. Company insiders own 4.28% of the company’s stock.

Institutional Trading of Five Point

Hedge funds and other institutional investors have recently modified their holdings of the business. Millennium Management LLC increased its holdings in Five Point by 240.8% during the 4th quarter. Millennium Management LLC now owns 507,928 shares of the company’s stock worth $1,183,000 after acquiring an additional 358,883 shares during the period. TCW Group Inc. increased its holdings in Five Point by 79.3% during the 1st quarter. TCW Group Inc. now owns 547,000 shares of the company’s stock worth $1,291,000 after acquiring an additional 242,000 shares during the period. Neuberger Berman Group LLC increased its holdings in Five Point by 21.1% during the 3rd quarter. Neuberger Berman Group LLC now owns 860,161 shares of the company’s stock worth $2,237,000 after acquiring an additional 149,820 shares during the period. Dimensional Fund Advisors LP increased its holdings in Five Point by 25.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 589,837 shares of the company’s stock worth $3,604,000 after acquiring an additional 117,810 shares during the period. Finally, HRT Financial LP bought a new stake in Five Point during the 4th quarter worth approximately $143,000. 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.