FRP Holdings Inc (NASDAQ:FRPH) insider John D. Milton, Jr. sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $49.69, for a total transaction of $99,380.00. Following the sale, the insider now directly owns 1,931 shares of the company’s stock, valued at approximately $95,951.39. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of FRPH stock traded down $0.59 during trading hours on Friday, hitting $49.26. 9,900 shares of the company were exchanged, compared to its average volume of 14,128. The stock has a market capitalization of $483.35 million, a price-to-earnings ratio of 73.73 and a beta of 0.72. FRP Holdings Inc has a fifty-two week low of $41.51 and a fifty-two week high of $67.07. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 1.53. The company’s 50 day simple moving average is $50.96.
FRP (NASDAQ:FRPH) last announced its quarterly earnings data on Monday, May 6th. The financial services provider reported $0.16 EPS for the quarter. The company had revenue of $5.71 million during the quarter. FRP had a net margin of 62.43% and a return on equity of 1.88%.
Several brokerages have recently commented on FRPH. ValuEngine raised shares of FRP from a “sell” rating to a “hold” rating in a research report on Wednesday, July 24th. BidaskClub raised shares of FRP from a “sell” rating to a “hold” rating in a research report on Tuesday, June 11th.
FRP Company Profile
FRP Holdings, Inc, through its subsidiaries, engages in various real estate businesses in the United States. The company operates through four segments: Asset Management, Mining Royalty Lands, Development, and Stabilized Joint Venture. The Asset Management segment owns, leases, and manages commercial properties.
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