Third Avenue Management LLC raised its stake in shares of Trinity Place Holdings Inc. (OTCMKTS:TPHS) by 1.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,882,914 shares of the company’s stock after buying an additional 53,900 shares during the quarter. Trinity Place Holdings comprises about 1.5% of Third Avenue Management LLC’s investment portfolio, making the stock its 17th biggest holding. Third Avenue Management LLC owned about 15.53% of Trinity Place Holdings worth $34,718,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in TPHS. Boyar Asset Management Inc. increased its holdings in shares of Trinity Place Holdings by 2.6% in the 2nd quarter. Boyar Asset Management Inc. now owns 20,382 shares of the company’s stock worth $145,000 after purchasing an additional 516 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Trinity Place Holdings by 2.3% in the 2nd quarter. Northern Trust Corp now owns 201,250 shares of the company’s stock worth $1,431,000 after purchasing an additional 4,433 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Trinity Place Holdings in the 2nd quarter worth $162,000. Steel Canyon Capital LLC increased its holdings in shares of Trinity Place Holdings by 11.3% in the 2nd quarter. Steel Canyon Capital LLC now owns 252,768 shares of the company’s stock worth $1,797,000 after purchasing an additional 25,648 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Trinity Place Holdings by 14.2% in the 2nd quarter. Vanguard Group Inc. now owns 637,399 shares of the company’s stock worth $4,531,000 after purchasing an additional 79,086 shares in the last quarter.

Shares of Trinity Place Holdings Inc. (TPHS) traded down 1.40% during mid-day trading on Friday, hitting $7.02. The company had a trading volume of 19,198 shares. The company has a 50-day moving average price of $6.93 and a 200-day moving average price of $7.08. The company’s market capitalization is $220.74 million. Trinity Place Holdings Inc. has a 1-year low of $6.53 and a 1-year high of $10.13.

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In other news, insider Mfp Partners Lp bought 12,424 shares of Trinity Place Holdings stock in a transaction that occurred on Thursday, September 21st. The stock was bought at an average price of $6.89 per share, for a total transaction of $85,601.36. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Marcato Capital Management Lp sold 35,518 shares of the firm’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of $7.07, for a total value of $251,112.26. The disclosure for this sale can be found here. Insiders sold a total of 298,053 shares of company stock valued at $2,110,325 in the last 90 days.

Separately, TheStreet lowered Trinity Place Holdings from a “c-” rating to a “d+” rating in a report on Friday, August 4th.

Institutional Ownership by Quarter for Trinity Place Holdings (OTCMKTS:TPHS)

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