Headlines about FRP (NASDAQ:FRPH) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. FRP earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 44.4353265006033 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of FRP (FRPH) opened at $44.15 on Friday. FRP has a fifty-two week low of $35.80 and a fifty-two week high of $49.35. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market capitalization of $442.32, a PE ratio of 14.72 and a beta of 0.51.
Separately, BidaskClub downgraded FRP from a “hold” rating to a “sell” rating in a report on Saturday, December 9th.
In other news, CFO John D. Milton, Jr. sold 5,000 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $44.05, for a total value of $220,250.00. Following the completion of the sale, the chief financial officer now directly owns 5,000 shares of the company’s stock, valued at approximately $220,250. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO John D. Milton, Jr. sold 623 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were 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 directly owns 623 shares of the company’s stock, valued at $27,418.23. The disclosure for this sale can be found here. Insiders sold a total of 7,500 shares of company stock valued at $330,256 over the last three months. Company insiders own 23.34% of the company’s stock.
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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).
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