TIAA CREF Investment Management LLC decreased its holdings in FRP Holdings, Inc. (NASDAQ:FRPH) by 13.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,543 shares of the financial services provider’s stock after selling 2,833 shares during the quarter. TIAA CREF Investment Management LLC owned about 0.18% of FRP Holdings worth $810,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Wells Fargo & Company MN lifted its stake in FRP Holdings by 2.5% in the second quarter. Wells Fargo & Company MN now owns 4,720 shares of the financial services provider’s stock worth $218,000 after acquiring an additional 115 shares during the period. Schwab Charles Investment Management Inc. lifted its stake in FRP Holdings by 0.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 33,421 shares of the financial services provider’s stock worth $1,543,000 after acquiring an additional 133 shares during the period. Teton Advisors Inc. lifted its stake in FRP Holdings by 2.4% in the second quarter. Teton Advisors Inc. now owns 25,100 shares of the financial services provider’s stock worth $1,158,000 after acquiring an additional 600 shares during the period. Bank of New York Mellon Corp lifted its stake in FRP Holdings by 6.7% in the second quarter. Bank of New York Mellon Corp now owns 27,609 shares of the financial services provider’s stock worth $1,274,000 after acquiring an additional 1,730 shares during the period. Finally, Teachers Advisors LLC lifted its stake in FRP Holdings by 27.5% in the second quarter. Teachers Advisors LLC now owns 12,326 shares of the financial services provider’s stock worth $569,000 after acquiring an additional 2,662 shares during the period. 45.51% of the stock is owned by institutional investors.

In other FRP Holdings news, CFO John D. Milton, Jr. sold 1,877 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $44.00, for a total transaction of $82,588.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP John D. Milton, Jr. sold 2,000 shares of the firm’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $45.73, for a total value of $91,460.00. Following the transaction, the vice president now directly owns 1,800 shares of the company’s stock, valued at approximately $82,314. The disclosure for this sale can be found here. Company insiders own 23.34% of the company’s stock.

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FRP Holdings, Inc. (NASDAQ FRPH) opened at $45.65 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.48 and a quick ratio of 0.48. FRP Holdings, Inc. has a 52-week low of $34.00 and a 52-week high of $49.35.

Separately, BidaskClub raised FRP Holdings from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th.

FRP Holdings Company Profile

FRP Holdings, Inc is a holding company engaged in various real estate businesses. The Company conducts its business through its subsidiaries, FRP Maryland, Inc, FRP Development Corp. and Florida Rock Properties, Inc The segments of the Company include leasing and management of warehouse and office building owned by the Company (the Asset Management Segment), leasing and management of mining royalty land owned by the Company (the Mining Royalty Lands Segment) and real property acquisition, entitlement, development and construction primarily for warehouse and office buildings (the Land Development and Construction Segment).

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Institutional Ownership by Quarter for FRP Holdings (NASDAQ:FRPH)

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