FRP Holdings Inc (NASDAQ:FRPH) CFO John D. Milton, Jr. sold 3,375 shares of the business’s stock in a transaction dated Tuesday, December 4th. The shares were sold at an average price of $46.50, for a total transaction of $156,937.50. Following the completion of the transaction, the chief financial officer now owns 3,375 shares in the company, valued at $156,937.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

NASDAQ:FRPH traded down $0.45 on Thursday, reaching $45.52. The stock had a trading volume of 1,895 shares, compared to its average volume of 20,257. The firm has a market cap of $463.22 million, a PE ratio of 124.24 and a beta of 0.57. FRP Holdings Inc has a 1-year low of $41.90 and a 1-year high of $67.70. The company has a quick ratio of 2.52, a current ratio of 2.52 and a debt-to-equity ratio of 0.23.

FRP (NASDAQ:FRPH) last released its quarterly earnings results on Wednesday, November 7th. The financial services provider reported $0.20 EPS for the quarter. The firm had revenue of $5.74 million for the quarter. FRP had a net margin of 376.58% and a return on equity of 1.39%.

Hedge funds have recently made changes to their positions in the company. MetLife Investment Advisors LLC lifted its position in shares of FRP by 59.6% during the third quarter. MetLife Investment Advisors LLC now owns 5,410 shares of the financial services provider’s stock worth $336,000 after purchasing an additional 2,021 shares in the last quarter. AXA acquired a new position in shares of FRP during the third quarter worth approximately $404,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of FRP during the second quarter worth approximately $478,000. Swiss National Bank acquired a new position in shares of FRP during the second quarter worth approximately $790,000. Finally, Renaissance Technologies LLC lifted its position in shares of FRP by 298.3% during the second quarter. Renaissance Technologies LLC now owns 23,900 shares of the financial services provider’s stock worth $1,548,000 after purchasing an additional 17,900 shares in the last quarter. Institutional investors own 49.94% of the company’s stock.

A number of research firms have commented on FRPH. BidaskClub lowered shares of FRP from a “hold” rating to a “sell” rating in a research report on Monday, November 12th. ValuEngine lowered shares of FRP from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd.

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FRP Company Profile

FRP Holdings, Inc, through its subsidiaries, engages in various real estate businesses in the United States. The company operates through four segments: Asset Management, Mining Royalty Lands, Land Development and Construction, and RiverFront on the Anacostia. The Asset Management segment owns, leases, and manages warehouses and office buildings primarily located in the Baltimore, northern Virginia, and Washington, DC market areas.

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Insider Buying and Selling by Quarter for FRP (NASDAQ:FRPH)

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