FRP Holdings, Inc. (NASDAQ:FRPH) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC decreased its position in shares of FRP Holdings, Inc. (NASDAQ:FRPH) by 43.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,126 shares of the financial services provider’s stock after selling 878 shares during the quarter. Tower Research Capital LLC TRC’s holdings in FRP were worth $34,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in FRPH. Barclays PLC boosted its position in shares of FRP by 217.5% in the 3rd quarter. Barclays PLC now owns 22,771 shares of the financial services provider’s stock valued at $681,000 after purchasing an additional 15,599 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of FRP by 33.0% in the third quarter. JPMorgan Chase & Co. now owns 38,540 shares of the financial services provider’s stock valued at $1,151,000 after acquiring an additional 9,558 shares during the period. R Squared Ltd acquired a new stake in shares of FRP in the fourth quarter valued at approximately $65,000. Rhumbline Advisers grew its position in shares of FRP by 2.3% during the fourth quarter. Rhumbline Advisers now owns 20,995 shares of the financial services provider’s stock worth $643,000 after acquiring an additional 465 shares during the last quarter. Finally, Meixler Investment Management Ltd. acquired a new position in shares of FRP in the 4th quarter valued at $793,000. Institutional investors and hedge funds own 45.42% of the company’s stock.

FRP Price Performance

Shares of NASDAQ:FRPH opened at $26.30 on Thursday. FRP Holdings, Inc. has a 1-year low of $25.37 and a 1-year high of $33.00. The stock has a market cap of $501.99 million, a P/E ratio of 65.75 and a beta of 0.59. The firm has a fifty day moving average price of $27.52 and a 200 day moving average price of $29.65.

FRP (NASDAQ:FRPH) last announced its earnings results on Monday, May 12th. The financial services provider reported $0.09 EPS for the quarter. FRP had a net margin of 18.35% and a return on equity of 1.67%. The business had revenue of $10.31 million during the quarter.

About FRP

FRP Holdings, Inc engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia.