UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 18,452 Shares of FRP Holdings, Inc. (NASDAQ:FRPH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of FRP Holdings, Inc. (NASDAQ:FRPH) by 92.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,447 shares of the financial services provider’s stock after purchasing an additional 18,452 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in FRP were worth $1,178,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. KLP Kapitalforvaltning AS bought a new stake in shares of FRP during the 4th quarter worth $104,000. Deutsche Bank AG boosted its stake in FRP by 22.4% during the 4th quarter. Deutsche Bank AG now owns 7,699 shares of the financial services provider’s stock valued at $236,000 after purchasing an additional 1,409 shares during the period. Wells Fargo & Company MN grew its holdings in FRP by 25.4% in the 4th quarter. Wells Fargo & Company MN now owns 8,423 shares of the financial services provider’s stock valued at $258,000 after buying an additional 1,704 shares during the last quarter. Two Sigma Advisers LP grew its holdings in FRP by 18.8% in the 4th quarter. Two Sigma Advisers LP now owns 12,000 shares of the financial services provider’s stock valued at $368,000 after buying an additional 1,900 shares during the last quarter. Finally, American Century Companies Inc. increased its position in FRP by 4.6% in the 4th quarter. American Century Companies Inc. now owns 13,328 shares of the financial services provider’s stock worth $408,000 after buying an additional 592 shares during the period. Institutional investors and hedge funds own 45.42% of the company’s stock.

FRP Stock Performance

NASDAQ FRPH opened at $27.15 on Tuesday. FRP Holdings, Inc. has a twelve month low of $25.37 and a twelve month high of $33.00. The stock has a market cap of $518.21 million, a PE ratio of 67.88 and a beta of 0.62. The firm has a 50-day simple moving average of $27.01 and a 200 day simple moving average of $29.18.

FRP (NASDAQ:FRPH) last posted its earnings results on Monday, May 12th. The financial services provider reported $0.09 EPS for the quarter. The business had revenue of $10.31 million during the quarter. FRP had a return on equity of 1.67% and a net margin of 18.35%.

FRP 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.