GSA Capital Partners LLP Has $892,000 Position in St. Joe Company (The) (NYSE:JOE)

GSA Capital Partners LLP raised its position in St. Joe Company (The) (NYSE:JOE - Free Report) by 173.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,001 shares of the financial services provider's stock after purchasing an additional 12,046 shares during the period. GSA Capital Partners LLP's holdings in St. Joe were worth $892,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Arete Wealth Advisors LLC increased its position in shares of St. Joe by 5.1% during the fourth quarter. Arete Wealth Advisors LLC now owns 5,047 shares of the financial services provider's stock worth $226,000 after acquiring an additional 243 shares in the last quarter. Viewpoint Capital Management LLC increased its position in shares of St. Joe by 7.3% during the first quarter. Viewpoint Capital Management LLC now owns 7,384 shares of the financial services provider's stock worth $347,000 after acquiring an additional 500 shares in the last quarter. Lumbard & Kellner LLC increased its position in shares of St. Joe by 4.7% during the first quarter. Lumbard & Kellner LLC now owns 14,557 shares of the financial services provider's stock worth $683,000 after acquiring an additional 653 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in St. Joe by 4.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,508 shares of the financial services provider's stock worth $921,000 after purchasing an additional 782 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new position in St. Joe during the fourth quarter worth $38,000. Institutional investors own 86.67% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of St. Joe from a "buy" rating to a "hold" rating in a report on Sunday, June 8th.

St. Joe Stock Down 1.3%

JOE traded down $0.66 during trading hours on Friday, hitting $49.84. 219,426 shares of the company's stock were exchanged, compared to its average volume of 233,743. St. Joe Company has a 1-year low of $40.19 and a 1-year high of $62.49. The stock's 50-day moving average is $48.16 and its two-hundred day moving average is $46.49. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 35.10 and a beta of 1.37. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.81.

St. Joe (NYSE:JOE - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The financial services provider reported $0.51 EPS for the quarter. St. Joe had a net margin of 19.39% and a return on equity of 11.19%. The business had revenue of $129.10 million during the quarter.

St. Joe Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, August 22nd will be paid a $0.14 dividend. The ex-dividend date is Friday, August 22nd. This represents a $0.56 dividend on an annualized basis and a yield of 1.1%. St. Joe's dividend payout ratio (DPR) is currently 39.44%.

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.