Schwab Charles Investment Management Inc. increased its position in FRP Holdings Inc (NASDAQ:FRPH) by 3.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,639 shares of the financial services provider’s stock after buying an additional 1,218 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.35% of FRP worth $1,568,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FRPH. Bank of New York Mellon Corp lifted its holdings in shares of FRP by 6.7% in the second quarter. Bank of New York Mellon Corp now owns 27,609 shares of the financial services provider’s stock valued at $1,274,000 after buying an additional 1,730 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of FRP by 2.5% in the second quarter. Wells Fargo & Company MN now owns 4,720 shares of the financial services provider’s stock valued at $218,000 after buying an additional 115 shares during the period. Alliancebernstein L.P. acquired a new stake in shares of FRP in the second quarter valued at $277,000. Teachers Advisors LLC lifted its holdings in shares of FRP by 27.5% in the second quarter. Teachers Advisors LLC now owns 12,326 shares of the financial services provider’s stock valued at $569,000 after buying an additional 2,662 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of FRP by 7.8% in the second quarter. Northern Trust Corp now owns 80,532 shares of the financial services provider’s stock valued at $3,717,000 after buying an additional 5,846 shares during the period. Institutional investors and hedge funds own 46.19% of the company’s stock.

In other news, CFO John D. Milton, Jr. sold 623 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $44.01, for a total value of $27,418.23. Following the completion of the sale, the chief financial officer now owns 623 shares in the company, valued at $27,418.23. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO John D. Milton, Jr. sold 1,877 shares of the company’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $44.00, for a total value of $82,588.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,500 shares of company stock valued at $330,256. Insiders own 23.34% of the company’s stock.

Separately, BidaskClub lowered FRP from a “hold” rating to a “sell” rating in a report on Saturday, December 9th.

Shares of FRP Holdings Inc (NASDAQ:FRPH) opened at $47.20 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.76 and a current ratio of 0.76. FRP Holdings Inc has a twelve month low of $35.80 and a twelve month high of $49.35.

FRP (NASDAQ:FRPH) last announced its quarterly earnings data on Wednesday, November 1st. The financial services provider reported ($1.37) earnings per share for the quarter. FRP had a net margin of 75.11% and a negative return on equity of 4.15%.

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FRP Profile

FRP Holdings, Inc is a holding company engaged in various real estate businesses. The Company conducts its business through its subsidiaries, FRP Maryland, Inc, FRP Development Corp. and Florida Rock Properties, Inc The segments of the Company include leasing and management of warehouse and office building owned by the Company (the Asset Management Segment), leasing and management of mining royalty land owned by the Company (the Mining Royalty Lands Segment) and real property acquisition, entitlement, development and construction primarily for warehouse and office buildings (the Land Development and Construction Segment).

Institutional Ownership by Quarter for FRP (NASDAQ:FRPH)

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