Five Point Holdings LLC (NYSE:FPH) major shareholder Luxor Capital Group, Lp bought 225,440 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were purchased at an average cost of $3.91 per share, for a total transaction of $881,470.40. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Luxor Capital Group, Lp also recently made the following trade(s):

  • On Friday, March 20th, Luxor Capital Group, Lp bought 356,849 shares of Five Point stock. The shares were purchased at an average cost of $4.25 per share, for a total transaction of $1,516,608.25.
  • On Monday, March 16th, Luxor Capital Group, Lp bought 111,984 shares of Five Point stock. The shares were purchased at an average cost of $4.56 per share, for a total transaction of $510,647.04.
  • On Wednesday, March 18th, Luxor Capital Group, Lp bought 1,134,650 shares of Five Point stock. The shares were purchased at an average cost of $3.83 per share, for a total transaction of $4,345,709.50.

Five Point stock opened at $4.63 on Thursday. Five Point Holdings LLC has a 52 week low of $3.62 and a 52 week high of $9.40. The company’s 50 day moving average price is $7.21 and its two-hundred day moving average price is $7.20. The stock has a market cap of $572.10 million, a P/E ratio of 38.58 and a beta of 0.94.

Five Point (NYSE:FPH) last posted its earnings results on Monday, March 16th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.01). Five Point had a negative return on equity of 2.24% and a net margin of 4.90%. The firm had revenue of $146.91 million for the quarter. As a group, sell-side analysts expect that Five Point Holdings LLC will post 0.36 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of FPH. Luxor Capital Group LP lifted its position in shares of Five Point by 35.3% during the 3rd quarter. Luxor Capital Group LP now owns 4,598,111 shares of the company’s stock worth $34,486,000 after buying an additional 1,200,784 shares in the last quarter. State of New Jersey Common Pension Fund D bought a new position in shares of Five Point during the 4th quarter worth approximately $2,215,000. Schroder Investment Management Group lifted its position in shares of Five Point by 8.8% during the 4th quarter. Schroder Investment Management Group now owns 1,215,358 shares of the company’s stock worth $8,447,000 after buying an additional 98,749 shares in the last quarter. Levin Capital Strategies L.P. bought a new position in shares of Five Point during the 4th quarter worth approximately $490,000. Finally, Delta Investment Management LLC lifted its position in shares of Five Point by 380.0% during the 4th quarter. Delta Investment Management LLC now owns 60,000 shares of the company’s stock worth $417,000 after buying an additional 47,500 shares in the last quarter. 33.92% of the stock is currently owned by hedge funds and other institutional investors.

About Five Point

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, plans, develops, and owns mixed-use communities in California, the United States. The company operates through four segments: Newhall, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates properties; and provides development management services.

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