St. Joe Co (NYSE:JOE) Director Fairholme Capital Management L bought 58,000 shares of the business’s stock in a transaction that occurred on Thursday, March 8th. The shares were bought at an average price of $18.97 per share, with a total value of $1,100,260.00. Following the completion of the purchase, the director now owns 2,800 shares in the company, valued at $53,116. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Fairholme Capital Management L also recently made the following trade(s):
- On Tuesday, March 6th, Fairholme Capital Management L acquired 32,300 shares of St. Joe stock. The stock was acquired at an average price of $18.95 per share, with a total value of $612,085.00.
- On Friday, December 8th, Fairholme Capital Management L acquired 106,300 shares of St. Joe stock. The stock was acquired at an average price of $18.49 per share, with a total value of $1,965,487.00.
St. Joe Co (NYSE JOE) opened at $19.30 on Friday. St. Joe Co has a one year low of $16.45 and a one year high of $19.90. The stock has a market cap of $1,241.33, a price-to-earnings ratio of 90.48 and a beta of 0.96.
Several hedge funds have recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. raised its stake in shares of St. Joe by 1.4% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 11,839 shares of the financial services provider’s stock valued at $222,000 after buying an additional 163 shares in the last quarter. Voya Investment Management LLC grew its holdings in shares of St. Joe by 9.9% in the 2nd quarter. Voya Investment Management LLC now owns 24,786 shares of the financial services provider’s stock worth $465,000 after purchasing an additional 2,227 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of St. Joe by 1.7% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 292,033 shares of the financial services provider’s stock worth $5,272,000 after purchasing an additional 4,837 shares during the last quarter. CIBC World Markets Inc. grew its holdings in shares of St. Joe by 22.5% in the 4th quarter. CIBC World Markets Inc. now owns 27,658 shares of the financial services provider’s stock worth $499,000 after purchasing an additional 5,083 shares during the last quarter. Finally, Stelac Advisory Services LLC bought a new stake in shares of St. Joe in the 3rd quarter worth about $158,000. Institutional investors own 93.45% of the company’s stock.
Separately, ValuEngine cut shares of St. Joe from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st.
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About St. Joe
The St. Joe Company is a real estate development, asset management and operating company. The Company operates through five segments: residential real estate; commercial real estate; resorts and leisure; leasing operations, and forestry. Its residential real estate segment plans and develops primary residential and resort residential communities of various sizes on its existing land.
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