St. Joe Co (NYSE:JOE) Director Fairholme Capital Management L bought 32,300 shares of the stock in a transaction on Tuesday, March 6th. The stock was bought at an average price of $18.95 per share, for a total transaction of $612,085.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Fairholme Capital Management L also recently made the following trade(s):
- On Thursday, March 8th, Fairholme Capital Management L bought 58,000 shares of St. Joe stock. The stock was bought at an average price of $18.97 per share, for a total transaction of $1,100,260.00.
- On Friday, December 8th, Fairholme Capital Management L purchased 106,300 shares of St. Joe stock. The stock was acquired at an average price of $18.49 per share, for a total transaction of $1,965,487.00.
Shares of St. Joe Co (NYSE:JOE) opened at $19.30 on Friday. St. Joe Co has a 12 month low of $16.45 and a 12 month high of $19.90. The firm has a market capitalization of $1,241.33, a P/E ratio of 90.48 and a beta of 0.96.
Several institutional investors have recently bought and sold shares of JOE. Stelac Advisory Services LLC purchased a new stake in shares of St. Joe in the third quarter valued at approximately $158,000. Xact Kapitalforvaltning AB purchased a new stake in shares of St. Joe in the fourth quarter valued at approximately $184,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of St. Joe by 1.4% in the second 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. Bridges Investment Management Inc. purchased a new stake in shares of St. Joe in the fourth quarter valued at approximately $223,000. Finally, Victory Capital Management Inc. purchased a new stake in shares of St. Joe in the third quarter valued at approximately $231,000. Hedge funds and other institutional investors own 93.45% of the company’s stock.
Separately, ValuEngine downgraded 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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