Connor Clark & Lunn Investment Management Ltd. Has $367,000 Holdings in Five Point Holdings, LLC (NYSE:FPH)

Connor Clark & Lunn Investment Management Ltd. grew its position in Five Point Holdings, LLC (NYSE:FPH) by 131.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 88,376 shares of the company’s stock after acquiring an additional 50,234 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Five Point were worth $367,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Pure Financial Advisors LLC acquired a new position in Five Point in the third quarter worth about $73,000. WINTON GROUP Ltd boosted its holdings in Five Point by 89.3% during 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 in the last quarter. Choreo LLC bought a new stake in shares of Five Point in the 2nd quarter valued at approximately $293,000. Dimensional Fund Advisors LP raised its holdings in shares of Five Point by 13.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 657,834 shares of the company’s stock worth $1,928,000 after buying an additional 77,369 shares in the last quarter. Finally, ACR Alpine Capital Research LLC lifted its position in shares of Five Point by 16.2% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 962,595 shares of the company’s stock worth $2,820,000 after buying an additional 134,472 shares during the period. 38.09% of the stock is currently owned by institutional investors.

Five Point Price Performance

Shares of FPH stock opened at $4.06 on Friday. The stock’s fifty day simple moving average is $3.95 and its 200 day simple moving average is $3.41. Five Point Holdings, LLC has a one year low of $2.38 and a one year high of $4.39. The firm has a market cap of $602.06 million, a price-to-earnings ratio of 5.80 and a beta of 1.47.

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

Insider Activity at Five Point

In other Five Point news, Director Sam Levinson acquired 3,283,024 shares of Five Point stock in a transaction on Tuesday, October 22nd. The shares were bought at an average price of $3.15 per share, with a total value of $10,341,525.60. Following the completion of the purchase, the director now 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 purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Luxor Capital Group, Lp sold 47,011 shares of the firm’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $3.42, for a total value of $160,777.62. Following the completion of the sale, the insider now owns 54,543 shares of the company’s stock, valued at approximately $186,537.06. This trade represents a 46.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,104,569 shares of company stock valued at $28,529,747 in the last ninety days. Insiders own 4.36% of the company’s stock.

Five Point 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.