Militia Capital Partners LP Has $1.49 Million Holdings in Five Point Holdings, LLC $FPH

Militia Capital Partners LP lessened its holdings in shares of Five Point Holdings, LLC (NYSE:FPH) by 58.2% during the first quarter, Holdings Channel.com reports. The firm owned 279,200 shares of the company’s stock after selling 388,662 shares during the quarter. Five Point makes up 1.2% of Militia Capital Partners LP’s investment portfolio, making the stock its 19th biggest holding. Militia Capital Partners LP’s holdings in Five Point were worth $1,491,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Walleye Capital LLC lifted its holdings in shares of Five Point by 4.7% during the first quarter. Walleye Capital LLC now owns 49,824 shares of the company’s stock worth $266,000 after purchasing an additional 2,248 shares during the period. Squarepoint Ops LLC lifted its holdings in shares of Five Point by 14.9% during the fourth quarter. Squarepoint Ops LLC now owns 42,003 shares of the company’s stock worth $159,000 after purchasing an additional 5,447 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Five Point by 14.2% during the first quarter. Goldman Sachs Group Inc. now owns 60,523 shares of the company’s stock worth $323,000 after purchasing an additional 7,544 shares during the period. Bank of America Corp DE lifted its holdings in shares of Five Point by 0.3% during the fourth quarter. Bank of America Corp DE now owns 2,848,981 shares of the company’s stock worth $10,769,000 after purchasing an additional 7,666 shares during the period. Finally, Jump Financial LLC lifted its holdings in shares of Five Point by 48.2% during the first quarter. Jump Financial LLC now owns 27,400 shares of the company’s stock worth $146,000 after purchasing an additional 8,914 shares during the period. Institutional investors and hedge funds own 38.09% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered shares of Five Point from a “strong-buy” rating to a “hold” rating in a report on Saturday, July 26th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Five Point presently has a consensus rating of “Buy”.

Five Point Stock Up 1.5%

FPH stock opened at $5.98 on Friday. The firm has a market cap of $891.62 million, a price-to-earnings ratio of 5.49 and a beta of 1.55. Five Point Holdings, LLC has a 12-month low of $3.13 and a 12-month high of $6.71. The company’s fifty day simple moving average is $5.72 and its 200 day simple moving average is $5.50.

Five Point (NYSE:FPH) last released its earnings results on Thursday, July 24th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $7.47 million for the quarter. Five Point had a net margin of 39.43% and a return on equity of 3.61%.

Five Point 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.