FRP Holdings, Inc. (NASDAQ:FRPH – Get Free Report) COO David H. Devilliers III sold 1,725 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $29.30, for a total transaction of $50,542.50. Following the transaction, the chief operating officer now owns 44,879 shares in the company, valued at approximately $1,314,954.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
FRP Price Performance
Shares of NASDAQ FRPH opened at $29.44 on Friday. The company has a 50-day moving average price of $29.34 and a 200-day moving average price of $29.64. The stock has a market capitalization of $559.95 million, a P/E ratio of 94.97 and a beta of 0.47. FRP Holdings, Inc. has a 1 year low of $26.59 and a 1 year high of $32.50.
FRP (NASDAQ:FRPH – Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $10.48 million during the quarter. FRP had a return on equity of 1.67% and a net margin of 18.12%.
Institutional Investors Weigh In On FRP
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of FRP from a “hold” rating to a “buy” rating in a research note on Sunday, August 25th.
Get Our Latest Stock Analysis on FRPH
About FRP
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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