News coverage about Five Point Holdings (NYSE:FPH) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Five Point Holdings earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.8630900849141 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Five Point Holdings (NYSE:FPH) traded down 0.43% during trading on Friday, hitting $13.75. 224,219 shares of the company’s stock were exchanged. The company’s market cap is $856.38 million. The firm has a 50 day moving average price of $14.54 and a 200 day moving average price of $14.92. Five Point Holdings has a 52-week low of $13.50 and a 52-week high of $16.74.

FPH has been the subject of several recent research reports. Citigroup Inc. initiated coverage on shares of Five Point Holdings in a research note on Monday, June 5th. They issued a “buy” rating and a $20.00 price target for the company. Wells Fargo & Company initiated coverage on shares of Five Point Holdings in a research report on Monday, June 5th. They issued a “market perform” rating on the stock. J P Morgan Chase & Co initiated coverage on shares of Five Point Holdings in a research report on Monday, June 5th. They issued a “neutral” rating and a $18.00 price objective on the stock. Evercore ISI initiated coverage on shares of Five Point Holdings in a research report on Monday, June 5th. They issued an “outperform” rating and a $18.50 price objective on the stock. Finally, JMP Securities initiated coverage on shares of Five Point Holdings in a research report on Monday, June 5th. They issued an “outperform” rating and a $23.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $19.70.

ILLEGAL ACTIVITY WARNING: “Five Point Holdings (NYSE:FPH) Earning Somewhat Favorable Media Coverage, Report Finds” was first published by Daily Political and is the sole property of of Daily Political. If you are viewing this report on another site, it was stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/08/12/five-point-holdings-nysefph-earning-somewhat-favorable-media-coverage-report-finds.html.

In related news, insider Michael Alvarado purchased 14,000 shares of Five Point Holdings stock in a transaction that occurred on Monday, May 15th. The shares were bought at an average price of $14.00 per share, with a total value of $196,000.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Stuart A. Miller purchased 100,000 shares of Five Point Holdings stock in a transaction that occurred on Monday, May 15th. The stock was bought at an average cost of $14.00 per share, for a total transaction of $1,400,000.00. Following the purchase, the director now directly owns 100,000 shares in the company, valued at $1,400,000. The disclosure for this purchase can be found here. Insiders purchased a total of 1,899,714 shares of company stock worth $26,595,996 in the last ninety days.

Five Point Holdings Company Profile

Five Point Holdings, LLC, formerly Newhall Holding Company, LLC, is the owner and developer of mixed-use, planned communities in coastal California. The Company is primarily engaged in the business of planning and developing its three mixed-use, planned communities. It operates in three segments: Newhall, San Francisco and Great Park.

Receive News & Ratings for Five Point Holdings LLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Point Holdings LLC and related companies with MarketBeat.com's FREE daily email newsletter.