FRP Holdings, Inc. (NASDAQ:FRPH) COO David H. Devilliers III Sells 1,725 Shares

FRP Holdings, Inc. (NASDAQ:FRPH) COO David H. Devilliers III sold 1,725 shares of the business’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $28.46, for a total transaction of $49,093.50. Following the transaction, the chief operating officer now owns 46,604 shares in the company, valued at approximately $1,326,349.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

FRP Trading Up 0.5 %

NASDAQ FRPH traded up $0.14 on Tuesday, hitting $28.67. 4,969 shares of the company were exchanged, compared to its average volume of 22,193. FRP Holdings, Inc. has a 1-year low of $26.59 and a 1-year high of $32.50. The firm has a 50 day moving average of $29.11 and a two-hundred day moving average of $29.67. The company has a market cap of $545.59 million, a P/E ratio of 90.57 and a beta of 0.47.

FRP (NASDAQ:FRPH) last released its earnings results on Wednesday, August 7th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $10.48 million during the quarter. FRP had a return on equity of 1.67% and a net margin of 18.12%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of FRP from a “hold” rating to a “buy” rating in a report on Sunday, August 25th.

Institutional Trading of FRP

Several institutional investors and hedge funds have recently bought and sold shares of FRPH. Intrepid Capital Management Inc. grew its stake in FRP by 0.3% in the fourth quarter. Intrepid Capital Management Inc. now owns 99,731 shares of the financial services provider’s stock valued at $6,271,000 after purchasing an additional 336 shares in the last quarter. Trust Co. of Vermont increased its stake in shares of FRP by 100.0% during the 2nd quarter. Trust Co. of Vermont now owns 1,700 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 850 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of FRP by 68.2% in the 1st quarter. BNP Paribas Financial Markets now owns 3,247 shares of the financial services provider’s stock valued at $199,000 after purchasing an additional 1,317 shares during the period. State Board of Administration of Florida Retirement System acquired a new stake in FRP in the 1st quarter valued at about $248,000. Finally, Sequoia Financial Advisors LLC increased its position in FRP by 100.0% during the second quarter. Sequoia Financial Advisors LLC now owns 9,218 shares of the financial services provider’s stock worth $263,000 after buying an additional 4,609 shares during the last quarter. Institutional investors own 45.42% of the company’s stock.

FRP Company Profile

FRP Holdings, Inc engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia.