Five Point Holdings, LLC (NYSE:FPH) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP trimmed its stake in shares of Five Point Holdings, LLC (NYSE:FPH) by 15.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,001,199 shares of the company’s stock after selling 183,384 shares during the quarter. Wellington Management Group LLP owned about 0.67% of Five Point worth $3,074,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in FPH. LexAurum Advisors LLC increased its position in Five Point by 386.1% in the fourth quarter. LexAurum Advisors LLC now owns 102,561 shares of the company’s stock worth $315,000 after buying an additional 81,461 shares during the period. Park West Asset Management LLC grew its position in shares of Five Point by 75.0% during the fourth quarter. Park West Asset Management LLC now owns 350,000 shares of the company’s stock worth $1,074,000 after acquiring an additional 150,000 shares during the last quarter. ACR Alpine Capital Research LLC increased its holdings in shares of Five Point by 15.0% in the 4th quarter. ACR Alpine Capital Research LLC now owns 694,225 shares of the company’s stock worth $2,131,000 after acquiring an additional 90,342 shares during the period. TCW Group Inc. lifted its position in Five Point by 17.2% in the 4th quarter. TCW Group Inc. now owns 826,037 shares of the company’s stock valued at $2,536,000 after purchasing an additional 121,337 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. boosted its stake in Five Point by 1.6% during the 4th quarter. O Keefe Stevens Advisory Inc. now owns 1,548,559 shares of the company’s stock valued at $4,754,000 after purchasing an additional 24,387 shares during the period. Institutional investors own 38.09% of the company’s stock.

Five Point Trading Down 1.3 %

Shares of NYSE:FPH opened at $2.93 on Monday. The firm’s 50 day moving average is $3.08 and its two-hundred day moving average is $3.10. The firm has a market capitalization of $434.49 million, a P/E ratio of 3.45 and a beta of 1.45. Five Point Holdings, LLC has a 52 week low of $2.13 and a 52 week high of $3.74.

Five Point (NYSE:FPH) last posted its earnings results on Thursday, April 18th. The company reported $0.03 EPS for the quarter. Five Point had a return on equity of 3.19% and a net margin of 28.83%. The firm had revenue of $9.94 million for the quarter.

Insider Activity at Five Point

In other Five Point news, major shareholder Luxor Capital Group, Lp sold 11,796 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $2.99, for a total transaction of $35,270.04. Following the transaction, the insider now owns 56,353 shares of the company’s stock, valued at approximately $168,495.47. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold a total of 223,802 shares of company stock worth $688,069 over the last ninety days. 4.36% of the stock is currently owned by corporate insiders.

About Five Point

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.