Key Points
- Insider sale: Greg McWilliams sold 111,037 shares on March 9 at an average price of $5.23 for about $580,723, cutting his stake by 15.87% to 588,735 shares (valued ≈ $3.08M).
- Stock and recent results: FPH trades near $5.27 with a market cap of $775M and a P/E of 5.49; last quarter EPS was $0.31 on $75.9M revenue with a 64.5% net margin.
- Analyst and institutional view: Weiss Ratings downgraded Five Point from "buy" to "hold" (consensus rating: Hold), and about 38.1% of the stock is held by institutional investors, with several funds recently increasing positions.
Five Point Holdings, LLC (NYSE:FPH - Get Free Report) insider Greg Mcwilliams sold 111,037 shares of the business's stock in a transaction on Monday, March 9th. The shares were sold at an average price of $5.23, for a total transaction of $580,723.51. Following the completion of the transaction, the insider directly owned 588,735 shares in the company, valued at $3,079,084.05. This represents a 15.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Five Point Stock Performance
FPH stock opened at $5.27 on Wednesday. Five Point Holdings, LLC has a one year low of $4.58 and a one year high of $6.64. The stock has a market capitalization of $775.06 million, a PE ratio of 5.49 and a beta of 1.39. The company has a fifty day moving average of $5.51 and a 200-day moving average of $5.78.
Five Point (NYSE:FPH - Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The company reported $0.31 earnings per share (EPS) for the quarter. The business had revenue of $75.90 million for the quarter. Five Point had a net margin of 64.50% and a return on equity of 3.14%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings downgraded Five Point from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, February 12th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of "Hold".
Read Our Latest Stock Report on Five Point
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its stake in shares of Five Point by 7.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 25,602 shares of the company's stock worth $157,000 after acquiring an additional 1,885 shares in the last quarter. Occudo Quantitative Strategies LP grew its holdings in shares of Five Point by 17.7% in the 3rd quarter. Occudo Quantitative Strategies LP now owns 16,844 shares of the company's stock worth $103,000 after acquiring an additional 2,537 shares during the period. Susquehanna International Group LLP increased its stake in Five Point by 11.8% in the 3rd quarter. Susquehanna International Group LLP now owns 31,404 shares of the company's stock valued at $193,000 after purchasing an additional 3,304 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Five Point by 14.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 60,523 shares of the company's stock valued at $323,000 after purchasing an additional 7,544 shares in the last quarter. Finally, JBF Capital Inc. acquired a new position in Five Point during the fourth quarter worth $56,000. 38.09% of the stock is owned by hedge funds and other institutional investors.
Five Point Company Profile
(
Get Free Report)
Five Point Holdings, L.P. (NYSE:FPH) is a California‐based master planned community developer specializing in residential, commercial and mixed‐use projects. Headquartered in Walnut Creek, the company focuses on acquiring and entitling raw land, designing infrastructure and delivering fully integrated neighborhoods that include single‐family homes, multifamily housing, retail centers, office space and community amenities.
Since its formation in 2014, Five Point has concentrated its land development efforts in the San Francisco Bay Area and the Los Angeles Basin, targeting key growth corridors with large‐scale, long-term projects.
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