Luxor Capital Group, Lp Sells 3,400 Shares of Five Point Holdings, LLC (NYSE:FPH) Stock

Five Point Holdings, LLC (NYSE:FPH) major shareholder Luxor Capital Group, Lp sold 3,400 shares of Five Point stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $3.05, for a total value of $10,370.00. Following the completion of the transaction, the insider now directly owns 56,334 shares of the company’s stock, valued at $171,818.70. The transaction was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Luxor Capital Group, Lp also recently made the following trade(s):

• On Monday, May 6th, Luxor Capital Group, Lp sold 99,730 shares of Five Point stock. The shares were sold at an average price of $3.09, for a total value of $308,165.70.
• On Wednesday, April 24th, Luxor Capital Group, Lp sold 11,796 shares of Five Point stock. The stock was sold at an average price of $2.99, for a total value of $35,270.04.
• On Friday, April 19th, Luxor Capital Group, Lp sold 43,509 shares of Five Point stock. The shares were sold at an average price of $3.07, for a total transaction of $133,572.63.
• On Monday, April 22nd, Luxor Capital Group, Lp sold 21,794 shares of Five Point stock. The stock was sold at an average price of $3.03, for a total value of $66,035.82.
• On Wednesday, April 17th, Luxor Capital Group, Lp sold 700 shares of Five Point stock. The stock was sold at an average price of $3.10, for a total value of $2,170.00.
• On Monday, April 15th, Luxor Capital Group, Lp sold 725 shares of Five Point stock. The stock was sold at an average price of $3.17, for a total transaction of $2,298.25.
• On Friday, April 12th, Luxor Capital Group, Lp sold 546 shares of Five Point stock. The stock was sold at an average price of $3.11, for a total transaction of $1,698.06.
• On Wednesday, April 10th, Luxor Capital Group, Lp sold 23,881 shares of Five Point stock. The stock was sold at an average price of $3.07, for a total value of $73,314.67.
• On Monday, April 8th, Luxor Capital Group, Lp sold 3,971 shares of Five Point stock. The shares were sold at an average price of $3.19, for a total value of $12,667.49.
• On Monday, April 1st, Luxor Capital Group, Lp sold 4,163 shares of Five Point stock. The shares were sold at an average price of $3.15, for a total transaction of $13,113.45.

Five Point Trading Down 1.1 %

FPH opened at $3.12 on Wednesday. The company has a 50 day moving average of $3.09 and a 200 day moving average of $2.94. Five Point Holdings, LLC has a 12 month low of $2.13 and a 12 month high of $3.74. The company has a market cap of $461.92 million, a PE ratio of 3.66 and a beta of 1.41.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded shares of Five Point from a “d” rating to a “c-” rating in a research note on Friday, January 19th.

Hedge Funds Weigh In On Five Point

Large investors have recently made changes to their positions in the stock. O Keefe Stevens Advisory Inc. lifted its holdings in shares of Five Point by 1.9% in the first quarter. O Keefe Stevens Advisory Inc. now owns 1,577,400 shares of the company’s stock worth $4,937,000 after buying an additional 28,841 shares in the last quarter. Wellington Management Group LLP increased its stake in Five Point by 1.7% in the third quarter. Wellington Management Group LLP now owns 1,184,583 shares of the company’s stock valued at $3,518,000 after acquiring an additional 19,262 shares during the last quarter. ACR Alpine Capital Research LLC raised its position in Five Point by 19.3% during the first quarter. ACR Alpine Capital Research LLC now owns 828,123 shares of the company’s stock valued at $2,592,000 after purchasing an additional 133,898 shares in the last quarter. TCW Group Inc. lifted its stake in Five Point by 17.2% during the fourth quarter. TCW Group Inc. now owns 826,037 shares of the company’s stock worth $2,536,000 after purchasing an additional 121,337 shares during the last quarter. Finally, Park West Asset Management LLC increased its position in shares of Five Point by 75.0% during the 4th quarter. Park West Asset Management LLC now owns 350,000 shares of the company’s stock valued at $1,074,000 after purchasing an additional 150,000 shares during the last quarter. 38.09% of the stock is owned by institutional investors.

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.