15,548 Shares in FRP Holdings, Inc. (NASDAQ:FRPH) Acquired by Two Sigma Investments LP

Two Sigma Investments LP purchased a new stake in shares of FRP Holdings, Inc. (NASDAQ:FRPH) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 15,548 shares of the financial services provider’s stock, valued at approximately $476,000. Two Sigma Investments LP owned approximately 0.08% of FRP as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in FRPH. KLP Kapitalforvaltning AS bought a new stake in shares of FRP in the fourth quarter worth $104,000. Deutsche Bank AG boosted its holdings in shares of FRP by 22.4% during the fourth quarter. Deutsche Bank AG now owns 7,699 shares of the financial services provider’s stock valued at $236,000 after acquiring an additional 1,409 shares during the period. Wells Fargo & Company MN lifted its holdings in FRP by 25.4% in the fourth quarter. Wells Fargo & Company MN now owns 8,423 shares of the financial services provider’s stock worth $258,000 after purchasing an additional 1,704 shares during the period. American Century Companies Inc. lifted its holdings in FRP by 4.6% in the 4th quarter. American Century Companies Inc. now owns 13,328 shares of the financial services provider’s stock valued at $408,000 after acquiring an additional 592 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in FRP by 9.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,586 shares of the financial services provider’s stock valued at $417,000 after acquiring an additional 1,159 shares during the last quarter. Hedge funds and other institutional investors own 45.42% of the company’s stock.

FRP Trading Up 1.1%

NASDAQ FRPH opened at $27.15 on Tuesday. The stock’s 50-day moving average price is $27.01 and its two-hundred day moving average price is $29.18. The company has a market cap of $518.21 million, a PE ratio of 67.88 and a beta of 0.62. FRP Holdings, Inc. has a 1 year low of $25.37 and a 1 year high of $33.00.

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

FRP Profile

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.