St. Joe Company (The) (NYSE:JOE - Get Free Report) announced a quarterly dividend on Thursday, July 24th, Wall Street Journal reports. Investors of record on Friday, August 22nd will be given a dividend of 0.14 per share by the financial services provider on Friday, September 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Friday, August 22nd.
St. Joe Trading Down 0.9%
JOE stock traded down $0.46 during midday trading on Monday, reaching $50.72. 223,474 shares of the company traded hands, compared to its average volume of 239,916. St. Joe has a 52-week low of $40.19 and a 52-week high of $63.71. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.45 and a current ratio of 1.45. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 35.72 and a beta of 1.36. The business has a 50 day moving average of $47.59 and a 200-day moving average of $46.37.
St. Joe (NYSE:JOE - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The financial services provider reported $0.51 earnings per share (EPS) for the quarter. The company had revenue of $129.10 million for the quarter. St. Joe had a return on equity of 11.19% and a net margin of 19.39%.
Hedge Funds Weigh In On St. Joe
Several institutional investors and hedge funds have recently modified their holdings of JOE. Royal Bank of Canada increased its stake in St. Joe by 4.9% during the 1st quarter. Royal Bank of Canada now owns 29,915 shares of the financial services provider's stock worth $1,404,000 after buying an additional 1,384 shares in the last quarter. AQR Capital Management LLC lifted its holdings in St. Joe by 152.4% in the first quarter. AQR Capital Management LLC now owns 76,084 shares of the financial services provider's stock valued at $3,572,000 after acquiring an additional 45,939 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in St. Joe by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,459 shares of the financial services provider's stock worth $1,008,000 after purchasing an additional 951 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in St. Joe by 29.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,606 shares of the financial services provider's stock worth $4,113,000 after purchasing an additional 19,879 shares in the last quarter. Finally, Intech Investment Management LLC lifted its stake in St. Joe by 45.8% during the first quarter. Intech Investment Management LLC now owns 26,218 shares of the financial services provider's stock worth $1,231,000 after purchasing an additional 8,235 shares in the last quarter. Hedge funds and other institutional investors own 86.67% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered St. Joe from a "buy" rating to a "hold" rating in a research note on Sunday, June 8th.
Check Out Our Latest Report on JOE
About St. Joe
(
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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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