Nations Financial Group Inc. IA ADV increased its holdings in shares of The St. Joe Company (NYSE:JOE - Free Report) by 308.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,900 shares of the financial services provider's stock after acquiring an additional 17,300 shares during the quarter. Nations Financial Group Inc. IA ADV's holdings in St. Joe were worth $1,029,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in JOE. State Street Corp grew its stake in shares of St. Joe by 5.7% in the third quarter. State Street Corp now owns 1,396,046 shares of the financial services provider's stock valued at $81,403,000 after buying an additional 75,374 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of St. Joe by 2.7% in the third quarter. Geode Capital Management LLC now owns 898,637 shares of the financial services provider's stock valued at $52,409,000 after purchasing an additional 23,973 shares during the period. Charles Schwab Investment Management Inc. increased its stake in St. Joe by 6.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 357,655 shares of the financial services provider's stock worth $20,855,000 after buying an additional 22,187 shares during the period. JPMorgan Chase & Co. lifted its holdings in St. Joe by 30.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 152,565 shares of the financial services provider's stock worth $8,896,000 after buying an additional 35,600 shares in the last quarter. Finally, Old West Investment Management LLC grew its stake in shares of St. Joe by 68.6% in the third quarter. Old West Investment Management LLC now owns 127,374 shares of the financial services provider's stock worth $7,427,000 after acquiring an additional 51,830 shares in the last quarter. Institutional investors and hedge funds own 86.67% of the company's stock.
St. Joe Stock Down 0.4 %
Shares of St. Joe stock traded down $0.19 during trading hours on Thursday, reaching $47.37. 183,641 shares of the company were exchanged, compared to its average volume of 218,935. The firm has a market cap of $2.77 billion, a PE ratio of 40.14 and a beta of 1.28. The stock's fifty day moving average is $46.55 and its 200 day moving average is $52.43. The St. Joe Company has a 1 year low of $42.94 and a 1 year high of $64.69. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.34 and a current ratio of 1.34.
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.
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