O Keefe Stevens Advisory Inc. Raises Holdings in Five Point Holdings, LLC $FPH

O Keefe Stevens Advisory Inc. grew its position in shares of Five Point Holdings, LLC (NYSE:FPH) by 2.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,282,454 shares of the company’s stock after buying an additional 46,141 shares during the quarter. Five Point accounts for approximately 3.5% of O Keefe Stevens Advisory Inc.’s holdings, making the stock its 11th largest position. O Keefe Stevens Advisory Inc. owned approximately 1.53% of Five Point worth $12,553,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cubist Systematic Strategies LLC lifted its holdings in shares of Five Point by 110.6% during the 1st quarter. Cubist Systematic Strategies LLC now owns 151,383 shares of the company’s stock valued at $808,000 after buying an additional 79,491 shares during the period. Corsair Capital Management L.P. bought a new position in shares of Five Point during the 1st quarter valued at $481,000. Squarepoint Ops LLC lifted its holdings in shares of Five Point by 14.9% during the 4th quarter. Squarepoint Ops LLC now owns 42,003 shares of the company’s stock valued at $159,000 after buying an additional 5,447 shares during the period. Walleye Capital LLC lifted its holdings in shares of Five Point by 4.7% during the 1st quarter. Walleye Capital LLC now owns 49,824 shares of the company’s stock valued at $266,000 after buying an additional 2,248 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Five Point by 82.7% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 91,851 shares of the company’s stock valued at $490,000 after buying an additional 41,580 shares during the period. 38.09% of the stock is owned by institutional investors.

Five Point Price Performance

NYSE:FPH opened at $6.08 on Friday. The firm has a market capitalization of $906.53 million, a price-to-earnings ratio of 5.58 and a beta of 1.50. Five Point Holdings, LLC has a one year low of $3.42 and a one year high of $6.71. The business has a fifty day moving average price of $5.76 and a 200-day moving average price of $5.57.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Five Point in a report on Saturday, September 27th. Wall Street Zen lowered Five Point from a “strong-buy” rating to a “hold” rating in a research note on Saturday, July 26th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

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.