WINTON GROUP Ltd increased its holdings in shares of The St. Joe Company (NYSE:JOE - Free Report) by 31.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,452 shares of the financial services provider's stock after buying an additional 5,657 shares during the quarter. WINTON GROUP Ltd's holdings in St. Joe were worth $1,054,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of 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 acquiring an additional 35,600 shares during the period. Citigroup Inc. raised its stake in St. Joe by 130.5% during the third quarter. Citigroup Inc. now owns 67,539 shares of the financial services provider's stock worth $3,938,000 after purchasing an additional 38,243 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of St. Joe by 6.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 357,655 shares of the financial services provider's stock valued at $20,855,000 after purchasing an additional 22,187 shares during the last quarter. Edgestream Partners L.P. grew its stake in shares of St. Joe by 279.2% during the 3rd quarter. Edgestream Partners L.P. now owns 68,059 shares of the financial services provider's stock valued at $3,969,000 after buying an additional 50,112 shares during the period. Finally, Accordant Advisory Group Inc increased its holdings in shares of St. Joe by 80.8% during the 4th quarter. Accordant Advisory Group Inc now owns 52,227 shares of the financial services provider's stock worth $2,347,000 after buying an additional 23,333 shares during the last quarter. 86.67% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In related news, major shareholder Bruce R. Berkowitz sold 160,300 shares of the stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $47.00, for a total value of $7,534,100.00. Following the completion of the sale, the insider now directly owns 17,000,724 shares in the company, valued at approximately $799,034,028. This represents a 0.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders have sold 300,000 shares of company stock valued at $14,113,022. Company insiders own 38.80% of the company's stock.
St. Joe Trading Up 0.3 %
St. Joe stock traded up $0.12 during midday trading on Wednesday, reaching $46.67. The stock had a trading volume of 44,065 shares, compared to its average volume of 247,367. The stock's 50-day simple moving average is $47.03 and its 200 day simple moving average is $50.02. The St. Joe Company has a twelve month low of $42.94 and a twelve month 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. The stock has a market capitalization of $2.72 billion, a PE ratio of 39.55 and a beta of 1.30.
St. Joe (NYSE:JOE - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $0.32 earnings per share for the quarter. The business had revenue of $104.30 million for the quarter. St. Joe had a return on equity of 9.58% and a net margin of 17.76%.
St. Joe Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Monday, March 10th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend was Monday, March 10th. St. Joe's payout ratio is currently 44.09%.
St. Joe 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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