FRP Holdings Inc (NASDAQ:FRPH) insider John D. Klopfenstein sold 1,415 shares of FRP stock in a transaction on Friday, September 14th. The shares were sold at an average price of $64.50, for a total value of $91,267.50. Following the completion of the sale, the insider now directly owns 1,415 shares of the company’s stock, valued at $91,267.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Shares of FRP stock traded up $0.06 during trading on Friday, reaching $53.63. 10,767 shares of the company were exchanged, compared to its average volume of 21,507. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.23. FRP Holdings Inc has a twelve month low of $41.90 and a twelve month high of $67.70.
FRP (NASDAQ:FRPH) last announced its quarterly earnings data on Thursday, August 2nd. The financial services provider reported ($0.09) EPS for the quarter. FRP had a negative return on equity of 3.93% and a net margin of 375.17%. The company had revenue of $5.55 million for the quarter.
Several institutional investors have recently made changes to their positions in FRPH. SG Americas Securities LLC bought a new position in FRP during the first quarter worth about $143,000. Barclays PLC lifted its holdings in FRP by 141.0% during the first quarter. Barclays PLC now owns 2,767 shares of the financial services provider’s stock worth $154,000 after acquiring an additional 1,619 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in FRP by 42.0% during the first quarter. The Manufacturers Life Insurance Company now owns 5,152 shares of the financial services provider’s stock worth $289,000 after acquiring an additional 1,525 shares in the last quarter. Port Capital LLC bought a new position in FRP during the second quarter worth about $292,000. Finally, Raymond James Financial Services Advisors Inc. bought a new position in FRP during the second quarter worth about $478,000. 50.13% of the stock is owned by institutional investors and hedge funds.
FRP Holdings, Inc, through its subsidiaries, engages in various real estate businesses in the United States. The company operates through four segments: Asset Management, Mining Royalty Lands, Land Development and Construction, and RiverFront on the Anacostia. The Asset Management segment owns, leases, and manages warehouses and office buildings primarily located in the Baltimore, northern Virginia, and Washington, DC market areas.
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