FRP Holdings, Inc. (NASDAQ:FRPH) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of FRP Holdings, Inc. (NASDAQ:FRPH) by 92.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 38,447 shares of the financial services provider’s stock after buying an additional 18,452 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.20% of FRP worth $1,178,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. KLP Kapitalforvaltning AS acquired a new stake in shares of FRP in the fourth quarter valued at about $104,000. Deutsche Bank AG boosted its holdings in FRP by 22.4% in the 4th quarter. Deutsche Bank AG now owns 7,699 shares of the financial services provider’s stock worth $236,000 after acquiring an additional 1,409 shares during the period. Wells Fargo & Company MN grew its position 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 valued at $258,000 after acquiring an additional 1,704 shares in the last quarter. Two Sigma Advisers LP grew its position in FRP by 18.8% in the fourth quarter. Two Sigma Advisers LP now owns 12,000 shares of the financial services provider’s stock valued at $368,000 after acquiring an additional 1,900 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in shares of FRP by 4.6% during the fourth quarter. American Century Companies Inc. now owns 13,328 shares of the financial services provider’s stock valued at $408,000 after purchasing an additional 592 shares during the period. 45.42% of the stock is currently owned by institutional investors and hedge funds.

FRP Price Performance

Shares of FRPH stock opened at $27.15 on Tuesday. The company’s fifty day moving average price is $27.01 and its two-hundred day moving average price is $29.18. The firm has a market capitalization of $518.21 million, a P/E ratio of 67.88 and a beta of 0.62. FRP Holdings, Inc. has a 12 month low of $25.37 and a 12 month high of $33.00.

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

FRP Company 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.