Aquatic Capital Management LLC lifted its stake in shares of The St. Joe Company (NYSE:JOE - Free Report) by 1,680.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,918 shares of the financial services provider's stock after purchasing an additional 15,024 shares during the period. Aquatic Capital Management LLC's holdings in St. Joe were worth $715,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its stake in St. Joe by 277.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 585 shares of the financial services provider's stock worth $26,000 after buying an additional 430 shares during the last quarter. Campbell Capital Management Inc. acquired a new position in shares of St. Joe during the 4th quarter valued at about $67,000. KBC Group NV boosted its position 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 valued at $93,000 after acquiring an additional 576 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of St. Joe in the fourth quarter valued at about $210,000. Finally, Legacy Capital Group California Inc. increased its position in St. Joe by 12.4% during the fourth quarter. Legacy Capital Group California Inc. now owns 4,899 shares of the financial services provider's stock worth $220,000 after purchasing an additional 540 shares during the last quarter. 86.67% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at St. Joe
In other St. Joe news, major shareholder Bruce R. Berkowitz sold 95,700 shares of the company's stock in a transaction on Friday, March 7th. The stock was sold at an average price of $47.11, for a total transaction of $4,508,427.00. Following the transaction, the insider now directly owns 17,162,524 shares in the company, valued at $808,526,505.64. This represents a 0.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 300,000 shares of company stock valued at $14,113,022 over the last 90 days. 0.32% of the stock is owned by insiders.
St. Joe Trading Down 0.2 %
NYSE:JOE traded down $0.11 on Monday, hitting $43.96. The stock had a trading volume of 196,443 shares, compared to its average volume of 222,124. The company has a fifty day moving average price of $44.63 and a two-hundred day moving average price of $47.26. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 37.26 and a beta of 1.28. 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 St. Joe Company has a 1-year low of $40.19 and a 1-year high of $64.69.
St. Joe (NYSE:JOE - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.30 earnings per share 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 during the quarter.
St. Joe Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Investors of record on Tuesday, June 10th will be issued a $0.14 dividend. The ex-dividend date is Tuesday, June 10th. This represents a $0.56 annualized dividend and a yield of 1.27%. St. Joe's dividend payout ratio (DPR) is currently 42.11%.
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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