Trexquant Investment LP Invests $254,000 in Five Point Holdings, LLC $FPH

Trexquant Investment LP bought a new stake in Five Point Holdings, LLC (NYSE:FPH) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 47,600 shares of the company’s stock, valued at approximately $254,000.

A number of other hedge funds have also recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its position in Five Point by 26.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 947,949 shares of the company’s stock worth $3,583,000 after purchasing an additional 198,103 shares in the last quarter. Bank of America Corp DE lifted its holdings in Five Point by 0.3% in the 4th quarter. Bank of America Corp DE now owns 2,848,981 shares of the company’s stock valued at $10,769,000 after purchasing an additional 7,666 shares in the last quarter. Squarepoint Ops LLC lifted its holdings in Five Point by 14.9% in the 4th quarter. Squarepoint Ops LLC now owns 42,003 shares of the company’s stock valued at $159,000 after purchasing an additional 5,447 shares in the last quarter. Millennium Management LLC increased its stake in shares of Five Point by 11.3% in the 4th quarter. Millennium Management LLC now owns 270,955 shares of the company’s stock worth $1,024,000 after acquiring an additional 27,531 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in shares of Five Point in the 4th quarter worth $45,000. Hedge funds and other institutional investors own 38.09% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Five Point from a “strong-buy” rating to a “hold” rating in a research report on Saturday, July 26th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Five Point presently has a consensus rating of “Buy”.

Five Point Price Performance

Five Point stock opened at $5.97 on Wednesday. Five Point Holdings, LLC has a 12 month low of $3.13 and a 12 month high of $6.71. The business has a 50 day simple moving average of $5.71 and a 200-day simple moving average of $5.50. The stock has a market capitalization of $890.10 million, a PE ratio of 5.48 and a beta of 1.55.

Five Point (NYSE:FPH) last announced its quarterly earnings data on Thursday, July 24th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $7.47 million for the quarter. Five Point had a return on equity of 3.61% and a net margin of 39.43%.

Five Point Company 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.