FRP Holdings, Inc. (NASDAQ:FRPH) is Intrepid Capital Management Inc.’s 8th Largest Position

Intrepid Capital Management Inc. decreased its position in shares of FRP Holdings, Inc. (NASDAQ:FRPH) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 195,402 shares of the financial services provider’s stock after selling 1,450 shares during the period. FRP makes up about 3.1% of Intrepid Capital Management Inc.’s investment portfolio, making the stock its 8th largest position. Intrepid Capital Management Inc. owned 1.03% of FRP worth $5,985,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FRPH. JPMorgan Chase & Co. raised its holdings in shares of FRP by 33.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 38,540 shares of the financial services provider’s stock valued at $1,151,000 after purchasing an additional 9,558 shares in the last quarter. HighTower Advisors LLC acquired a new position in shares of FRP in the fourth quarter valued at about $59,067,000. Proficio Capital Partners LLC purchased a new position in shares of FRP during the fourth quarter worth $517,000. Barclays PLC boosted its position in FRP by 217.5% in the 3rd quarter. Barclays PLC now owns 22,771 shares of the financial services provider’s stock worth $681,000 after purchasing an additional 15,599 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of FRP by 1.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 109,415 shares of the financial services provider’s stock worth $3,267,000 after acquiring an additional 1,845 shares in the last quarter. Institutional investors own 45.42% of the company’s stock.

FRP Price Performance

NASDAQ FRPH opened at $28.90 on Wednesday. FRP Holdings, Inc. has a 1-year low of $26.99 and a 1-year high of $33.00. The stock’s 50 day simple moving average is $30.07 and its 200-day simple moving average is $30.26. The company has a market cap of $551.61 million, a PE ratio of 72.25 and a beta of 0.49.

FRP (NASDAQ:FRPH) last posted its quarterly earnings results on Wednesday, March 5th. The financial services provider reported $0.09 earnings per share for the quarter. FRP had a net margin of 18.35% and a return on equity of 1.67%. The business had revenue of $10.53 million during the quarter.

About FRP

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.