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

Five Point Holdings, LLC (NYSE:FPH) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 256,500 shares, a growth of 109.6% from the January 15th total of 122,400 shares. Based on an average trading volume of 376,800 shares, the short-interest ratio is currently 0.7 days. Currently, 0.5% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Zelman & Associates upgraded shares of Five Point from a “neutral” rating to an “outperform” rating in a research report on Monday, January 27th.

Institutional Investors Weigh In On Five Point

A number of hedge funds have recently modified their holdings of FPH. Private Management Group Inc. grew its stake in Five Point by 9.8% during the 4th quarter. Private Management Group Inc. now owns 5,525,607 shares of the company’s stock valued at $20,887,000 after acquiring an additional 493,138 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Five Point by 2,431.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 436,686 shares of the company’s stock worth $1,651,000 after purchasing an additional 419,436 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Five Point in the fourth quarter valued at approximately $1,274,000. Dimensional Fund Advisors LP increased its holdings in shares of Five Point by 26.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 947,949 shares of the company’s stock valued at $3,583,000 after purchasing an additional 198,103 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. lifted its position in Five Point by 8.1% during the fourth quarter. O Keefe Stevens Advisory Inc. now owns 2,182,172 shares of the company’s stock worth $8,249,000 after buying an additional 163,647 shares in the last quarter. 38.09% of the stock is currently owned by institutional investors and hedge funds.

Five Point Trading Down 1.6 %

FPH stock opened at $5.90 on Friday. Five Point has a 12-month low of $2.83 and a 12-month high of $6.71. The business’s 50-day moving average is $4.50 and its 200 day moving average is $3.93. The stock has a market cap of $874.17 million, a price-to-earnings ratio of 6.14 and a beta of 1.54.

Five Point (NYSE:FPH) last issued its quarterly earnings results on Thursday, January 23rd. The company reported $0.65 EPS for the quarter. Five Point had a return on equity of 3.38% and a net margin of 28.70%.

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.