Five Point Holdings, LLC (NYSE:FPH) Short Interest Update

Five Point Holdings, LLC (NYSE:FPH) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 151,400 shares, an increase of 14.9% from the March 31st total of 131,800 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 76,600 shares, the days-to-cover ratio is presently 2.0 days.

Five Point Stock Up 1.4 %

Shares of FPH stock traded up $0.04 during mid-day trading on Monday, reaching $2.93. 60,235 shares of the company’s stock traded hands, compared to its average volume of 91,138. The company’s 50-day moving average price is $3.10 and its 200-day moving average price is $2.92. The company has a market cap of $434.49 million, a P/E ratio of 3.45 and a beta of 1.43. Five Point has a 12 month low of $2.13 and a 12 month high of $3.74.

Analyst Ratings Changes

Separately, TheStreet upgraded Five Point from a “d” rating to a “c-” rating in a research note on Friday, January 19th.

Insider Transactions at Five Point

In other Five Point news, major shareholder Luxor Capital Group, Lp sold 11,796 shares of the business’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $2.99, for a total transaction of $35,270.04. Following the transaction, the insider now directly owns 56,353 shares of the company’s stock, valued at approximately $168,495.47. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders have sold 120,068 shares of company stock worth $368,809. 4.36% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of FPH. Wellington Management Group LLP boosted its position in shares of Five Point by 1.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,184,583 shares of the company’s stock worth $3,518,000 after purchasing an additional 19,262 shares in the last quarter. LexAurum Advisors LLC lifted its stake in Five Point by 386.1% during the 4th quarter. LexAurum Advisors LLC now owns 102,561 shares of the company’s stock valued at $315,000 after acquiring an additional 81,461 shares during the period. Raymond James & Associates grew its stake in shares of Five Point by 6.7% in the third quarter. Raymond James & Associates now owns 285,914 shares of the company’s stock worth $849,000 after acquiring an additional 17,833 shares during the period. Bfsg LLC bought a new position in Five Point during the third quarter valued at approximately $116,000. Finally, O Keefe Stevens Advisory Inc. boosted its holdings in Five Point by 1.6% in the fourth quarter. O Keefe Stevens Advisory Inc. now owns 1,548,559 shares of the company’s stock worth $4,754,000 after purchasing an additional 24,387 shares during the last quarter. 38.09% of the stock is owned by hedge funds and other institutional investors.

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.