Five Point Holdings, LLC (NYSE:FPH) Short Interest Up 28.3% in December

Five Point Holdings, LLC (NYSE:FPH) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 87,100 shares, an increase of 28.3% from the November 30th total of 67,900 shares. Based on an average daily volume of 507,900 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

Five Point Stock Up 1.4 %

Shares of FPH stock opened at $3.63 on Tuesday. The business has a 50-day moving average price of $3.86 and a two-hundred day moving average price of $3.50. Five Point has a 12-month low of $2.60 and a 12-month high of $4.39. The firm has a market cap of $538.29 million, a P/E ratio of 5.19 and a beta of 1.45.

Five Point (NYSE:FPH) last issued its quarterly earnings results on Thursday, October 17th. The company reported $0.07 earnings per share for the quarter. Five Point had a return on equity of 2.57% and a net margin of 26.19%. The firm had revenue of $17.01 million during the quarter.

Insider Buying and Selling at Five Point

In related news, Director Sam Levinson purchased 3,283,024 shares of the firm’s stock in a transaction that occurred on Tuesday, October 22nd. The stock was acquired at an average price of $3.15 per share, for a total transaction of $10,341,525.60. Following the completion of the acquisition, the director now owns 6,219,241 shares of the company’s stock, valued at $19,590,609.15. This represents a 111.81 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.36% of the company’s stock.

Hedge Funds Weigh In On Five Point

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new stake in Five Point in the third quarter valued at approximately $70,000. Pure Financial Advisors LLC purchased a new position in Five Point in the third quarter worth approximately $73,000. Jane Street Group LLC purchased a new position in Five Point during the 3rd quarter valued at about $76,000. Virtu Financial LLC purchased a new stake in shares of Five Point in the 3rd quarter valued at approximately $105,000. Finally, WINTON GROUP Ltd increased its stake in Five Point by 89.3% in the second quarter. WINTON GROUP Ltd now owns 36,452 shares of the company’s stock valued at $107,000 after purchasing an additional 17,196 shares during the last quarter. 38.09% of the stock is owned by institutional investors.

About Five Point

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.