Five Point Holdings, LLC (NYSE:FPH) Short Interest Up 28.3% in December

Five Point Holdings, LLC (NYSE:FPH) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 87,100 shares, an increase of 28.3% from the November 30th total of 67,900 shares. Based on an average daily volume of 507,900 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Insiders Place Their Bets

In other news, Director Sam Levinson bought 3,283,024 shares of the firm’s stock in a transaction that occurred on Tuesday, October 22nd. The stock was purchased at an average cost of $3.15 per share, with a total value of $10,341,525.60. Following the transaction, the director now directly owns 6,219,241 shares in the company, valued at $19,590,609.15. This trade represents a 111.81 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 4.36% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Five Point

A number of institutional investors and hedge funds have recently made changes to their positions in the business. XTX Topco Ltd purchased a new position in Five Point in the 3rd quarter valued at $70,000. Pure Financial Advisors LLC purchased a new stake in shares of Five Point in the third quarter valued at about $73,000. Jane Street Group LLC acquired a new position in shares of Five Point during the third quarter worth about $76,000. Virtu Financial LLC purchased a new position in Five Point during the third quarter worth about $105,000. Finally, WINTON GROUP Ltd lifted its position in Five Point by 89.3% in the second quarter. WINTON GROUP Ltd now owns 36,452 shares of the company’s stock valued at $107,000 after purchasing an additional 17,196 shares during the period. 38.09% of the stock is owned by hedge funds and other institutional investors.

Five Point Trading Up 1.4 %

Shares of NYSE FPH opened at $3.63 on Tuesday. The stock has a market cap of $538.29 million, a P/E ratio of 5.19 and a beta of 1.45. Five Point has a twelve month low of $2.60 and a twelve month high of $4.39. The stock has a 50 day moving average of $3.86 and a two-hundred day moving average of $3.50.

Five Point (NYSE:FPH) last released its quarterly earnings results on Thursday, October 17th. The company reported $0.07 EPS for the quarter. Five Point had a net margin of 26.19% and a return on equity of 2.57%. The firm had revenue of $17.01 million during the quarter.

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.