Rye Brook Capital LLC acquired a new position in The St. Joe Company (NYSE:JOE - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,600 shares of the financial services provider's stock, valued at approximately $1,105,000. St. Joe comprises 1.3% of Rye Brook Capital LLC's portfolio, making the stock its 19th biggest holding.
Several other large investors have also recently made changes to their positions in the stock. Point72 Hong Kong Ltd acquired a new stake in St. Joe during the 3rd quarter worth approximately $35,000. Blue Trust Inc. lifted its holdings in St. Joe by 549.1% during the 3rd quarter. Blue Trust Inc. now owns 727 shares of the financial services provider's stock worth $40,000 after buying an additional 615 shares in the last quarter. US Bancorp DE lifted its holdings in St. Joe by 163.6% during the 3rd quarter. US Bancorp DE now owns 1,128 shares of the financial services provider's stock worth $66,000 after buying an additional 700 shares in the last quarter. KBC Group NV lifted its holdings in St. Joe by 35.8% during the 3rd quarter. KBC Group NV now owns 1,483 shares of the financial services provider's stock worth $86,000 after buying an additional 391 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of St. Joe in the 3rd quarter valued at approximately $237,000. 86.67% of the stock is currently owned by institutional investors and hedge funds.
St. Joe Stock Down 2.0 %
Shares of NYSE:JOE traded down $0.94 during trading hours on Friday, reaching $46.42. The stock had a trading volume of 275,523 shares, compared to its average volume of 168,038. The St. Joe Company has a 1 year low of $42.94 and a 1 year high of $64.69. The firm's 50 day moving average is $46.55 and its 200-day moving average is $52.33. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 39.34 and a beta of 1.28.
St. Joe Company Profile
(
Free Report)
The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida. It operates through three segments: Residential, Hospitality, and Commercial. The Residential segment engages in the development of communities into homesites for sale to homebuilders and on a limited basis to retail customers.
See Also
Before you consider St. Joe, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and St. Joe wasn't on the list.
While St. Joe currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
