Saber Capital Managment LLC Acquires Shares of 401,922 Five Point Holdings, LLC $FPH

Saber Capital Managment LLC acquired a new stake in Five Point Holdings, LLC (NYSE:FPH) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 401,922 shares of the company’s stock, valued at approximately $2,247,000. Five Point accounts for about 1.9% of Saber Capital Managment LLC’s investment portfolio, making the stock its 15th largest holding. Saber Capital Managment LLC owned approximately 0.27% of Five Point at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Robotti Robert boosted its holdings in Five Point by 2.7% in the 3rd quarter. Robotti Robert now owns 6,964,320 shares of the company’s stock valued at $42,691,000 after purchasing an additional 185,273 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Five Point by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,414,018 shares of the company’s stock valued at $8,667,000 after purchasing an additional 48,181 shares during the period. JBF Capital Inc. bought a new stake in Five Point in the 4th quarter valued at about $56,000. Marshall Wace LLP boosted its holdings in Five Point by 93.4% in the 4th quarter. Marshall Wace LLP now owns 140,460 shares of the company’s stock valued at $785,000 after purchasing an additional 67,835 shares during the period. Finally, American Century Companies Inc. boosted its holdings in Five Point by 39.3% in the 2nd quarter. American Century Companies Inc. now owns 129,904 shares of the company’s stock valued at $714,000 after purchasing an additional 36,659 shares during the period. Institutional investors own 38.09% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Five Point from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 4th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Five Point Trading Up 0.1%

Shares of NYSE:FPH opened at $5.17 on Monday. The firm has a 50 day moving average of $4.98 and a 200-day moving average of $5.31. The stock has a market capitalization of $767.00 million, a PE ratio of 8.47 and a beta of 1.33. Five Point Holdings, LLC has a 12 month low of $4.60 and a 12 month high of $6.64.

Five Point (NYSE:FPH) last issued its earnings results on Thursday, April 23rd. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.01. The company had revenue of $13.58 million during the quarter, compared to analysts’ expectations of $8.61 million. Five Point had a net margin of 41.16% and a return on equity of 1.99%.

Five Point Company Profile

Five Point Holdings, L.P. (NYSE:FPH) is a California‐based master planned community developer specializing in residential, commercial and mixed‐use projects. Headquartered in Walnut Creek, the company focuses on acquiring and entitling raw land, designing infrastructure and delivering fully integrated neighborhoods that include single‐family homes, multifamily housing, retail centers, office space and community amenities.

Since its formation in 2014, Five Point has concentrated its land development efforts in the San Francisco Bay Area and the Los Angeles Basin, targeting key growth corridors with large‐scale, long-term projects.