FRP Holdings, Inc. (NASDAQ:FRPH) Stake Lowered by Hyman Charles D


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Hyman Charles D lowered its holdings in FRP Holdings, Inc. (NASDAQ:FRPH) by 0.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 962,094 shares of the financial services provider’s stock after selling 4,300 shares during the quarter. FRP comprises 3.5% of Hyman Charles D’s investment portfolio, making the stock its 5th biggest holding. Hyman Charles D owned about 10.25% of FRP worth $47,354,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Great West Life Assurance Co. Can increased its holdings in shares of FRP by 38.3% in the 3rd quarter. Great West Life Assurance Co. Can now owns 1,227 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 340 shares during the last quarter. Captrust Financial Advisors purchased a new position in shares of FRP in the 4th quarter valued at about $34,000. Rhumbline Advisers increased its holdings in shares of FRP by 12.6% in the 4th quarter. Rhumbline Advisers now owns 11,554 shares of the financial services provider’s stock valued at $526,000 after acquiring an additional 1,289 shares during the last quarter. Credit Suisse AG boosted its position in shares of FRP by 22.1% in the 4th quarter. Credit Suisse AG now owns 8,493 shares of the financial services provider’s stock valued at $386,000 after purchasing an additional 1,537 shares during the period. Finally, Strs Ohio acquired a new stake in shares of FRP in the 4th quarter valued at about $72,000. Institutional investors and hedge funds own 47.88% of the company’s stock.

Shares of NASDAQ FRPH traded down $0.78 during trading hours on Tuesday, reaching $54.12. The stock had a trading volume of 3 shares, compared to its average volume of 14,235. The firm has a market cap of $508.08 million, a price-to-earnings ratio of 38.94 and a beta of 0.70. FRP Holdings, Inc. has a fifty-two week low of $37.68 and a fifty-two week high of $54.90. The firm has a 50-day moving average of $50.00 and a 200-day moving average of $46.42.

FRP (NASDAQ:FRPH) last announced its earnings results on Monday, March 1st. The financial services provider reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $5.85 million during the quarter. FRP had a return on equity of 3.52% and a net margin of 58.13%.

FRP Profile

FRP Holdings, Inc is a holding company, which engages in the provision of real estate business. It operates through the following segments: Asset Management, Development, Mining Royalty Lands and Stabilized Joint Venture. The Asset Management segment owns, leases and manages warehouse and office buildings primarily located in the Baltimore, Northern Virginia and Washington DC area.

Further Reading: Gross Domestic Product (GDP)

Institutional Ownership by Quarter for FRP (NASDAQ:FRPH)

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