FRP Holdings, Inc. (NASDAQ:FRPH) COO David H. Devilliers III Sells 1,725 Shares

FRP Holdings, Inc. (NASDAQ:FRPH) COO David H. Devilliers III sold 1,725 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $28.46, for a total transaction of $49,093.50. Following the completion of the transaction, the chief operating officer now directly owns 46,604 shares in the company, valued at $1,326,349.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

FRP Trading Up 1.5 %

NASDAQ FRPH opened at $29.01 on Friday. FRP Holdings, Inc. has a 1-year low of $26.59 and a 1-year high of $32.50. The company has a market capitalization of $552.06 million, a PE ratio of 92.10 and a beta of 0.47. The firm’s fifty day simple moving average is $29.16 and its 200-day simple moving average is $29.65.

FRP (NASDAQ:FRPH) last issued its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $10.48 million during the quarter. FRP had a net margin of 18.12% and a return on equity of 1.67%.

Institutional Investors Weigh In On FRP

A number of large investors have recently bought and sold shares of FRPH. Hyman Charles D boosted its holdings in FRP by 100.0% in the second quarter. Hyman Charles D now owns 1,937,268 shares of the financial services provider’s stock worth $55,251,000 after purchasing an additional 968,822 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in FRP by 101.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,096,293 shares of the financial services provider’s stock worth $31,266,000 after purchasing an additional 553,265 shares in the last quarter. LB Partners LLC boosted its holdings in FRP by 100.0% in the second quarter. LB Partners LLC now owns 125,802 shares of the financial services provider’s stock worth $3,588,000 after purchasing an additional 62,901 shares in the last quarter. Salem Investment Counselors Inc. boosted its holdings in FRP by 98.9% in the second quarter. Salem Investment Counselors Inc. now owns 110,734 shares of the financial services provider’s stock worth $3,158,000 after purchasing an additional 55,067 shares in the last quarter. Finally, Oppenheimer & Close LLC boosted its holdings in FRP by 100.0% in the second quarter. Oppenheimer & Close LLC now owns 93,368 shares of the financial services provider’s stock worth $2,663,000 after purchasing an additional 46,684 shares in the last quarter. 45.42% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of FRP from a “hold” rating to a “buy” rating in a research note on Sunday, August 25th.

FRP Company Profile

FRP Holdings, Inc engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia.