FRP Holdings, Inc. (NASDAQ:FRPH) EVP Sells $30,000.00 in Stock

FRP Holdings, Inc. (NASDAQ:FRPH) EVP John D. Milton, Jr. sold 960 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $31.25, for a total value of $30,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

FRP Price Performance

NASDAQ:FRPH traded up $0.04 during mid-day trading on Thursday, reaching $30.69. The stock had a trading volume of 3,997 shares, compared to its average volume of 21,791. The stock has a market cap of $584.03 million, a P/E ratio of 76.63 and a beta of 0.47. The business’s 50 day moving average is $29.68 and its 200 day moving average is $29.55. FRP Holdings, Inc. has a fifty-two week low of $26.99 and a fifty-two week high of $32.50.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Trust Co. of Vermont boosted its stake in FRP by 100.0% during the 2nd quarter. Trust Co. of Vermont now owns 1,700 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 850 shares during the period. BNP Paribas Financial Markets boosted its position in shares of FRP by 68.2% in the first quarter. BNP Paribas Financial Markets now owns 3,247 shares of the financial services provider’s stock valued at $199,000 after acquiring an additional 1,317 shares during the period. State Board of Administration of Florida Retirement System acquired a new stake in shares of FRP in the first quarter worth $248,000. Mountain Lake Investment Management LLC bought a new position in FRP during the first quarter worth $307,000. Finally, SG Americas Securities LLC acquired a new position in FRP during the 3rd quarter valued at $155,000. 45.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut FRP from a “buy” rating to a “hold” rating in a report on Thursday, November 7th.

FRP Company 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.