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

Saber Capital Managment LLC bought a new stake in Five Point Holdings, LLC (NYSE:FPH) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 401,922 shares of the company’s stock, valued at approximately $2,247,000. Five Point makes up 1.9% of Saber Capital Managment LLC’s investment portfolio, making the stock its 15th biggest holding.

A number of other large investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its holdings in shares of Five Point by 7.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 25,602 shares of the company’s stock valued at $157,000 after purchasing an additional 1,885 shares in the last quarter. Occudo Quantitative Strategies LP boosted its holdings in shares of Five Point by 17.7% in the 3rd quarter. Occudo Quantitative Strategies LP now owns 16,844 shares of the company’s stock valued at $103,000 after purchasing an additional 2,537 shares in the last quarter. Susquehanna International Group LLP boosted its holdings in shares of Five Point by 11.8% in the 3rd quarter. Susquehanna International Group LLP now owns 31,404 shares of the company’s stock valued at $193,000 after purchasing an additional 3,304 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Five Point by 14.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 60,523 shares of the company’s stock valued at $323,000 after purchasing an additional 7,544 shares in the last quarter. Finally, JBF Capital Inc. acquired a new position in Five Point during the 4th quarter worth approximately $56,000. Institutional investors and hedge funds own 38.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded shares of Five Point from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Five Point Price Performance

Shares of NYSE:FPH opened at $5.17 on Monday. The company has a market cap of $767.00 million, a price-to-earnings ratio of 8.47 and a beta of 1.33. The firm has a 50 day simple moving average of $4.98 and a 200 day simple moving average of $5.31. Five Point Holdings, LLC has a one year low of $4.60 and a one year high of $6.64.

Five Point (NYSE:FPH) last issued its quarterly earnings data on Thursday, April 23rd. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.01. The business had revenue of $13.58 million during the quarter, compared to the consensus estimate 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.