John D. Milton, Jr. Sells 960 Shares of FRP Holdings, Inc. (NASDAQ:FRPH) Stock

FRP Holdings, Inc. (NASDAQ:FRPH) EVP John D. Milton, Jr. sold 960 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $31.25, for a total value of $30,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FRP Price Performance

Shares of FRPH stock opened at $31.17 on Friday. The firm has a market cap of $593.17 million, a P/E ratio of 77.93 and a beta of 0.47. FRP Holdings, Inc. has a fifty-two week low of $26.99 and a fifty-two week high of $32.50. The stock’s 50-day moving average is $29.78 and its two-hundred day moving average is $29.56.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered FRP from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th.

Institutional Trading of FRP

A number of institutional investors have recently added to or reduced their stakes in FRPH. Barclays PLC raised its holdings in shares of FRP by 217.5% during the 3rd quarter. Barclays PLC now owns 22,771 shares of the financial services provider’s stock valued at $681,000 after purchasing an additional 15,599 shares in the last quarter. State Street Corp increased its position in FRP by 0.4% during the third quarter. State Street Corp now owns 283,930 shares of the financial services provider’s stock worth $8,478,000 after buying an additional 1,005 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in FRP by 1.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 109,415 shares of the financial services provider’s stock valued at $3,267,000 after buying an additional 1,845 shares in the last quarter. GSA Capital Partners LLP raised its holdings in FRP by 7.1% during the third quarter. GSA Capital Partners LLP now owns 20,065 shares of the financial services provider’s stock valued at $599,000 after buying an additional 1,329 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of FRP in the third quarter worth about $155,000. 45.42% of the stock is currently owned by institutional investors and hedge funds.

About FRP

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.