Jane Street Group LLC Acquires Shares of 18,255 Five Point Holdings, LLC (NYSE:FPH)

Jane Street Group LLC acquired a new position in shares of Five Point Holdings, LLC (NYSE:FPH) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 18,255 shares of the company’s stock, valued at approximately $76,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Wellington Management Group LLP grew its position in Five Point by 0.4% during the 3rd quarter. Wellington Management Group LLP now owns 957,856 shares of the company’s stock worth $3,975,000 after purchasing an additional 4,281 shares during the last quarter. WINTON GROUP Ltd lifted its stake in shares of Five Point by 89.3% in the 2nd quarter. WINTON GROUP Ltd now owns 36,452 shares of the company’s stock worth $107,000 after acquiring an additional 17,196 shares during the period. Pure Financial Advisors LLC acquired a new stake in shares of Five Point in the 3rd quarter worth $73,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Five Point by 131.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 88,376 shares of the company’s stock valued at $367,000 after acquiring an additional 50,234 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Five Point by 13.3% during the second quarter. Dimensional Fund Advisors LP now owns 657,834 shares of the company’s stock worth $1,928,000 after acquiring an additional 77,369 shares during the period. 38.09% of the stock is owned by hedge funds and other institutional investors.

Five Point Stock Up 1.6 %

NYSE FPH opened at $3.76 on Thursday. Five Point Holdings, LLC has a 52-week low of $2.73 and a 52-week high of $4.39. The firm has a 50-day moving average price of $3.80 and a 200 day moving average price of $3.56. The stock has a market capitalization of $557.57 million, a P/E ratio of 5.37 and a beta of 1.46.

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

Insider Buying and Selling

In other Five Point news, Director Sam Levinson bought 3,283,024 shares of Five Point stock in a transaction on Tuesday, October 22nd. The stock was bought at an average price of $3.15 per share, with a total value of $10,341,525.60. Following the completion of the acquisition, the director now owns 6,219,241 shares in the company, valued at $19,590,609.15. The trade was a 111.81 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 4.36% of the stock is currently owned by corporate 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.