Mraz Amerine & Associates Inc. Raises Position in The St. Joe Company (NYSE:JOE)

Mraz Amerine & Associates Inc. raised its holdings in shares of The St. Joe Company (NYSE:JOE - Free Report) by 20.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,500 shares of the financial services provider's stock after acquiring an additional 6,953 shares during the period. Mraz Amerine & Associates Inc. owned about 0.07% of St. Joe worth $1,820,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Principal Financial Group Inc. increased its holdings in shares of St. Joe by 3.0% in the fourth quarter. Principal Financial Group Inc. now owns 185,066 shares of the financial services provider's stock worth $8,315,000 after buying an additional 5,411 shares during the period. Meixler Investment Management Ltd. grew its position in St. Joe by 16.4% during the 4th quarter. Meixler Investment Management Ltd. now owns 27,386 shares of the financial services provider's stock worth $1,230,000 after acquiring an additional 3,854 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its stake in St. Joe by 308.9% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 22,900 shares of the financial services provider's stock worth $1,029,000 after purchasing an additional 17,300 shares during the period. RMR Capital Management LLC lifted its position in St. Joe by 7.5% in the fourth quarter. RMR Capital Management LLC now owns 43,584 shares of the financial services provider's stock valued at $1,958,000 after purchasing an additional 3,058 shares during the last quarter. Finally, Accordant Advisory Group Inc boosted its stake in shares of St. Joe by 80.8% during the fourth quarter. Accordant Advisory Group Inc now owns 52,227 shares of the financial services provider's stock valued at $2,347,000 after purchasing an additional 23,333 shares during the period. 86.67% of the stock is owned by hedge funds and other institutional investors.

St. Joe Trading Down 2.0 %

Shares of St. Joe stock traded down $0.94 on Friday, hitting $46.42. The stock had a trading volume of 275,523 shares, compared to its average volume of 220,596. The stock's 50-day simple moving average is $46.55 and its two-hundred day simple moving average is $52.33. The St. Joe Company has a one year low of $42.94 and a one year high of $64.69. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.85. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 39.34 and a beta of 1.28.

St. Joe Profile

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.