10,500 Shares in The St. Joe Company (NYSE:JOE) Acquired by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC purchased a new position in shares of The St. Joe Company (NYSE:JOE - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,500 shares of the financial services provider's stock, valued at approximately $472,000.

Other large investors also recently bought and sold shares of the company. Barclays PLC raised its position in shares of St. Joe by 404.5% in the 3rd quarter. Barclays PLC now owns 64,990 shares of the financial services provider's stock worth $3,790,000 after buying an additional 52,107 shares during the period. JPMorgan Chase & Co. increased its stake in St. Joe by 30.4% during the third 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 last quarter. Annex Advisory Services LLC raised its holdings in shares of St. Joe by 49.7% in the 4th quarter. Annex Advisory Services LLC now owns 42,656 shares of the financial services provider's stock worth $1,917,000 after purchasing an additional 14,155 shares during the period. Inspire Investing LLC lifted its stake in shares of St. Joe by 45.1% in the 4th quarter. Inspire Investing LLC now owns 10,212 shares of the financial services provider's stock valued at $459,000 after purchasing an additional 3,176 shares in the last quarter. Finally, KBC Group NV grew its holdings in shares of St. Joe by 38.8% during the 4th quarter. KBC Group NV now owns 2,059 shares of the financial services provider's stock worth $93,000 after purchasing an additional 576 shares during the period. Hedge funds and other institutional investors own 86.67% of the company's stock.

Insider Activity

In other news, major shareholder Bruce R. Berkowitz sold 160,300 shares of St. Joe stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $47.00, for a total transaction of $7,534,100.00. Following the sale, the insider now directly owns 17,000,724 shares of the company's stock, valued at approximately $799,034,028. The trade was a 0.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 300,000 shares of company stock worth $14,113,022 over the last 90 days. Company insiders own 38.80% of the company's stock.

St. Joe Price Performance

JOE opened at $44.49 on Friday. The company has a 50 day moving average of $44.30 and a two-hundred day moving average of $46.85. The St. Joe Company has a 52-week low of $40.19 and a 52-week 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 company has a market cap of $2.59 billion, a P/E ratio of 37.70 and a beta of 1.37.

St. Joe (NYSE:JOE - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.30 EPS for the quarter. St. Joe had a return on equity of 9.58% and a net margin of 17.76%. The company had revenue of $94.20 million for the quarter.

St. Joe Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Tuesday, June 10th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Tuesday, June 10th. St. Joe's dividend payout ratio (DPR) is 42.11%.

St. Joe Company 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.

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