Five Point Holdings, LLC (NYSE:FPH) Short Interest Update

Five Point Holdings, LLC (NYSE:FPH) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 220,300 shares, a growth of 152.9% from the December 31st total of 87,100 shares. Based on an average trading volume of 218,600 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On Five Point

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Management Group Inc. grew its stake in shares of Five Point by 9.8% in the fourth quarter. Private Management Group Inc. now owns 5,525,607 shares of the company’s stock valued at $20,887,000 after buying an additional 493,138 shares in the last quarter. O Keefe Stevens Advisory Inc. grew its stake in shares of Five Point by 8.1% in the fourth quarter. O Keefe Stevens Advisory Inc. now owns 2,182,172 shares of the company’s stock valued at $8,249,000 after buying an additional 163,647 shares in the last quarter. TCW Group Inc. boosted its holdings in Five Point by 3.1% in the third quarter. TCW Group Inc. now owns 1,168,437 shares of the company’s stock valued at $4,849,000 after purchasing an additional 34,900 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Five Point by 0.4% in the third quarter. Wellington Management Group LLP now owns 957,856 shares of the company’s stock valued at $3,975,000 after purchasing an additional 4,281 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Five Point by 13.3% in the second quarter. Dimensional Fund Advisors LP now owns 657,834 shares of the company’s stock valued at $1,928,000 after purchasing an additional 77,369 shares during the last quarter. 38.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Zelman & Associates raised Five Point from a “neutral” rating to an “outperform” rating in a report on Monday.

Five Point Price Performance

FPH traded up $0.40 during trading on Thursday, reaching $6.44. 683,547 shares of the stock were exchanged, compared to its average volume of 567,432. The business’s 50 day moving average price is $4.05 and its two-hundred day moving average price is $3.71. The company has a market capitalization of $954.25 million, a price-to-earnings ratio of 9.19 and a beta of 1.46. Five Point has a 1 year low of $2.83 and a 1 year high of $6.46.

Five Point (NYSE:FPH) last released its earnings results on Thursday, January 23rd. The company reported $0.65 EPS for the quarter. Five Point had a return on equity of 2.57% and a net margin of 26.19%.

Five Point Company 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.