Shares of FRPH opened at $30.20 on Friday. The company has a market capitalization of $574.40 million, a PE ratio of 97.42 and a beta of 0.47. FRP has a 12 month low of $26.75 and a 12 month high of $32.50. The stock's 50-day moving average price is $29.47 and its two-hundred day moving average price is $29.57.
FRP (NASDAQ:FRPH - Get Free Report) last announced its earnings results on Wednesday, August 7th. The financial services provider reported $0.11 EPS for the quarter. The firm had revenue of $10.48 million for the quarter. FRP had a return on equity of 1.67% and a net margin of 18.12%.
In other news, COO David H. Devilliers III sold 1,725 shares of the business's stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $29.62, for a total value of $51,094.50. Following the transaction, the chief operating officer now directly owns 48,329 shares of the company's stock, valued at $1,431,504.98. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, President David H. Devilliers, Jr. sold 4,134 shares of the business's stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $30.00, for a total value of $124,020.00. Following the completion of the sale, the president now directly owns 62,755 shares of the company's stock, valued at $1,882,650. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO David H. Devilliers III sold 1,725 shares of the business's stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $29.62, for a total value of $51,094.50. Following the completion of the sale, the chief operating officer now directly owns 48,329 shares of the company's stock, valued at $1,431,504.98. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,589 shares of company stock valued at $342,079 in the last ninety days. 22.80% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Trust Co. of Vermont increased its position in FRP by 100.0% in the 2nd quarter. Trust Co. of Vermont now owns 1,700 shares of the financial services provider's stock valued at $48,000 after buying an additional 850 shares in the last quarter. BNP Paribas Financial Markets increased its position in FRP by 68.2% in the 1st quarter. BNP Paribas Financial Markets now owns 3,247 shares of the financial services provider's stock valued at $199,000 after buying an additional 1,317 shares in the last quarter. State Board of Administration of Florida Retirement System bought a new stake in FRP in the 1st quarter valued at about $248,000. Sequoia Financial Advisors LLC increased its position in FRP by 100.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 9,218 shares of the financial services provider's stock valued at $263,000 after buying an additional 4,609 shares in the last quarter. Finally, Hsbc Holdings PLC increased its position in FRP by 116.2% in the 2nd quarter. Hsbc Holdings PLC now owns 9,272 shares of the financial services provider's stock valued at $266,000 after buying an additional 4,983 shares in the last quarter. 45.42% of the stock is owned by institutional investors.
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.
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