FRP Holdings, Inc. $FRPH Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. boosted its holdings in shares of FRP Holdings, Inc. (NASDAQ:FRPH) by 5,299.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,257 shares of the financial services provider’s stock after buying an additional 12,030 shares during the period. Russell Investments Group Ltd. owned approximately 0.06% of FRP worth $350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Wells Fargo & Company MN raised its stake in shares of 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 last quarter. Barclays PLC raised its stake in shares of FRP by 9.9% in the fourth quarter. Barclays PLC now owns 25,035 shares of the financial services provider’s stock worth $767,000 after purchasing an additional 2,264 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of FRP by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,135,837 shares of the financial services provider’s stock worth $34,790,000 after purchasing an additional 14,124 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of FRP by 9.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,586 shares of the financial services provider’s stock worth $417,000 after purchasing an additional 1,159 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of FRP by 14.1% in the fourth quarter. Northern Trust Corp now owns 133,030 shares of the financial services provider’s stock worth $4,075,000 after purchasing an additional 16,489 shares during the last quarter. 45.42% of the stock is owned by institutional investors and hedge funds.

FRP Stock Down 0.5%

Shares of NASDAQ:FRPH opened at $25.70 on Tuesday. FRP Holdings, Inc. has a 52-week low of $24.72 and a 52-week high of $33.00. The stock has a market cap of $491.13 million, a price-to-earnings ratio of 91.79 and a beta of 0.62. The business has a 50-day moving average price of $26.56 and a 200-day moving average price of $27.46.

FRP (NASDAQ:FRPH) last announced its quarterly earnings data on Wednesday, August 6th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter. FRP had a return on equity of 1.15% and a net margin of 12.59%.

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.