Universal Beteiligungs und Servicegesellschaft mbH Buys Shares of 10,652 FRP Holdings, Inc. $FRPH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in FRP Holdings, Inc. (NASDAQ:FRPH) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,652 shares of the financial services provider’s stock, valued at approximately $286,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of FRP at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Creative Planning bought a new position in shares of FRP during the 2nd quarter valued at approximately $1,602,000. Thompson Davis & CO. Inc. purchased a new position in FRP during the second quarter valued at approximately $1,856,000. Meixler Investment Management Ltd. boosted its position in shares of FRP by 17.6% in the second quarter. Meixler Investment Management Ltd. now owns 72,598 shares of the financial services provider’s stock worth $1,952,000 after purchasing an additional 10,882 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of FRP by 59.6% in the first quarter. Goldman Sachs Group Inc. now owns 120,192 shares of the financial services provider’s stock worth $3,434,000 after purchasing an additional 44,874 shares during the period. Finally, Strs Ohio bought a new stake in shares of FRP during the 1st quarter valued at $74,000. 45.42% of the stock is owned by institutional investors.

FRP Stock Performance

FRP stock opened at $23.30 on Friday. The company has a 50 day moving average price of $24.02 and a 200-day moving average price of $25.63. The company has a market capitalization of $445.31 million, a PE ratio of 83.20 and a beta of 0.62. FRP Holdings, Inc. has a fifty-two week low of $21.68 and a fifty-two week high of $32.33.

FRP (NASDAQ:FRPH) last issued its earnings results on Wednesday, November 5th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $10.78 million for the quarter. FRP had a net margin of 12.59% and a return on equity of 1.15%.

Wall Street Analysts Forecast Growth

FRPH has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of FRP from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. Weiss Ratings reiterated a “sell (d+)” rating on shares of FRP in a research report on Monday, November 24th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

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.