FRP Holdings Inc (NASDAQ:FRPH) EVP John D. Milton, Jr. sold 1,500 shares of the business’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $50.39, for a total transaction of $75,585.00. Following the completion of the sale, the executive vice president now owns 1,500 shares in the company, valued at approximately $75,585. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of FRPH opened at $50.86 on Friday. The company’s fifty day moving average is $49.34 and its 200 day moving average is $49.69. FRP Holdings Inc has a fifty-two week low of $41.51 and a fifty-two week high of $67.07. The stock has a market capitalization of $505.90 million, a PE ratio of 77.17 and a beta of 0.71.
FRP (NASDAQ:FRPH) last announced its quarterly earnings results on Monday, August 5th. The financial services provider reported $0.25 earnings per share for the quarter. FRP had a net margin of 62.43% and a return on equity of 1.87%. The company had revenue of $6.36 million for the quarter.
FRPH has been the topic of several research reports. ValuEngine upgraded shares of FRP from a “sell” rating to a “hold” rating in a research report on Wednesday, July 24th. BidaskClub upgraded 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.
Recommended Story: Buy-Side Analysts
Receive News & Ratings for FRP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FRP and related companies with MarketBeat.com's FREE daily email newsletter.