Five Point Holdings, LLC (NYSE:FPH) Shares Bought by Squarepoint Ops LLC

Squarepoint Ops LLC raised its holdings in Five Point Holdings, LLC (NYSE:FPH) by 14.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,003 shares of the company’s stock after purchasing an additional 5,447 shares during the period. Squarepoint Ops LLC’s holdings in Five Point were worth $159,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Lazard Asset Management LLC acquired a new stake in shares of Five Point in the fourth quarter valued at about $45,000. Envestnet Asset Management Inc. boosted its holdings in Five Point by 21.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 17,364 shares of the company’s stock worth $66,000 after buying an additional 3,052 shares during the last quarter. Jump Financial LLC acquired a new stake in Five Point in the 4th quarter worth about $70,000. Meixler Investment Management Ltd. acquired a new stake in Five Point in the 4th quarter worth about $75,000. Finally, XTX Topco Ltd boosted its stake in shares of Five Point by 24.5% in the fourth quarter. XTX Topco Ltd now owns 21,079 shares of the company’s stock worth $80,000 after acquiring an additional 4,145 shares during the last quarter. Institutional investors and hedge funds own 38.09% of the company’s stock.

Five Point Price Performance

Shares of NYSE:FPH opened at $5.58 on Monday. The business’s 50 day moving average price is $5.27 and its 200-day moving average price is $4.96. The firm has a market capitalization of $830.26 million, a PE ratio of 5.82 and a beta of 1.54. Five Point Holdings, LLC has a 1 year low of $2.88 and a 1 year high of $6.71.

Five Point (NYSE:FPH) last announced its earnings results on Thursday, April 24th. The company reported $0.32 earnings per share (EPS) for the quarter. Five Point had a net margin of 28.70% and a return on equity of 3.38%. The company had revenue of $13.16 million for the quarter.

Five Point 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.