Five Point Holdings, LLC (NYSE:FPH) Shares Sold by American Century Companies Inc.

American Century Companies Inc. reduced its position in Five Point Holdings, LLC (NYSE:FPH) by 17.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,811 shares of the company’s stock after selling 6,397 shares during the quarter. American Century Companies Inc.’s holdings in Five Point were worth $90,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Hillsdale Investment Management Inc. grew its stake in Five Point by 12.6% during the 1st quarter. Hillsdale Investment Management Inc. now owns 44,700 shares of the company’s stock worth $140,000 after buying an additional 5,000 shares during the last quarter. Choreo LLC acquired a new stake in Five Point in the second quarter worth about $293,000. Park West Asset Management LLC grew its stake 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 grew its stake in shares of Five Point by 19.3% during the first quarter. ACR Alpine Capital Research LLC now owns 828,123 shares of the company’s stock worth $2,592,000 after acquiring an additional 133,898 shares during the last quarter. Finally, TCW Group Inc. increased its holdings in shares of Five Point by 0.4% during the second quarter. TCW Group Inc. now owns 1,133,537 shares of the company’s stock valued at $3,321,000 after acquiring an additional 5,000 shares in the last quarter. 38.09% of the stock is owned by institutional investors and hedge funds.

Five Point Stock Down 0.9 %

FPH stock opened at $4.24 on Friday. The stock has a market capitalization of $628.75 million, a PE ratio of 4.99 and a beta of 1.46. Five Point Holdings, LLC has a 52 week low of $2.13 and a 52 week high of $4.39. The firm has a 50 day moving average of $3.32 and a 200 day moving average of $3.16.

Five Point (NYSE:FPH) last posted its quarterly earnings data on Thursday, July 18th. The company reported $0.21 EPS for the quarter. The business had revenue of $51.19 million during the quarter. Five Point had a net margin of 21.73% and a return on equity of 2.70%.

Insiders Place Their Bets

In other news, major shareholder Luxor Capital Group, Lp sold 47,011 shares of the stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $3.42, for a total value of $160,777.62. Following the transaction, the insider now directly owns 54,543 shares of the company’s stock, valued at approximately $186,537.06. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders sold 9,214,153 shares of company stock valued at $28,871,935. 4.36% of the stock is owned by company 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.