Five Point Holdings, LLC (NYSE:FPH) Shares Sold by Private Management Group Inc.

Private Management Group Inc. lowered its stake in shares of Five Point Holdings, LLC (NYSE:FPH) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,918,547 shares of the company’s stock after selling 41,000 shares during the quarter. Private Management Group Inc.’s holdings in Five Point were worth $15,100,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aristeia Capital LLC acquired a new stake in Five Point during the third quarter worth approximately $54,000. WINTON GROUP Ltd acquired a new position in shares of Five Point in the 3rd quarter valued at $80,000. Bfsg LLC acquired a new position in shares of Five Point in the 3rd quarter valued at $116,000. LexAurum Advisors LLC increased its holdings in shares of Five Point by 386.1% in 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. Finally, Raymond James & Associates increased its holdings in shares of Five Point by 6.7% in the 3rd quarter. Raymond James & Associates now owns 285,914 shares of the company’s stock valued at $849,000 after acquiring an additional 17,833 shares during the period. Institutional investors and hedge funds own 38.09% of the company’s stock.

Five Point Stock Performance

Shares of Five Point stock remained flat at $3.00 during trading on Tuesday. 247,480 shares of the stock were exchanged, compared to its average volume of 91,264. The stock has a fifty day moving average price of $3.12 and a 200-day moving average price of $2.91. The company has a market capitalization of $444.87 million, a price-to-earnings ratio of 3.53 and a beta of 1.43. Five Point Holdings, LLC has a fifty-two week low of $2.13 and a fifty-two week high of $3.74.

Analyst Ratings Changes

Separately, TheStreet raised shares of Five Point from a “d” rating to a “c-” rating in a report on Friday, January 19th.

Insider Activity

In other Five Point news, major shareholder Luxor Capital Group, Lp sold 21,794 shares of the business’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $3.03, for a total value of $66,035.82. Following the transaction, the insider now directly owns 56,485 shares of the company’s stock, valued at approximately $171,149.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 108,272 shares of company stock valued at $333,539 in the last ninety days. 4.36% of the stock is currently owned by company insiders.

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.