Five Point Holdings, LLC (NYSE:FPH) Short Interest Up 62.5% in February

Five Point Holdings, LLC (NYSE:FPH) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 416,700 shares, an increase of 62.5% from the January 31st total of 256,500 shares. Based on an average trading volume of 392,400 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.8% of the company’s stock are sold short.

Institutional Investors Weigh In On Five Point

Several institutional investors have recently bought and sold shares of the company. XTX Topco Ltd purchased a new stake in shares of Five Point during the third quarter valued at $70,000. O Keefe Stevens Advisory Inc. raised its position 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 worth $8,249,000 after acquiring an additional 163,647 shares during the period. Jane Street Group LLC purchased a new stake in shares of Five Point during the 3rd quarter worth about $76,000. SG Americas Securities LLC acquired a new stake in shares of Five Point during the 4th quarter valued at about $80,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Five Point by 131.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 88,376 shares of the company’s stock valued at $367,000 after purchasing an additional 50,234 shares in 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 shares of Five Point from a “neutral” rating to an “outperform” rating in a research report on Monday, January 27th.

Five Point Stock Performance

NYSE:FPH traded up $0.00 during trading hours on Tuesday, reaching $5.61. The company’s stock had a trading volume of 195,314 shares, compared to its average volume of 259,528. The company has a market capitalization of $832.20 million, a P/E ratio of 5.85 and a beta of 1.54. The stock has a 50 day moving average price of $4.92 and a two-hundred day moving average price of $4.14. Five Point has a 12 month low of $2.83 and a 12 month high of $6.71.

Five Point (NYSE:FPH) last issued its quarterly earnings data on Thursday, January 23rd. The company reported $0.65 earnings per share for the quarter. Five Point had a return on equity of 3.38% and a net margin of 28.70%.

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.