The St. Joe Company (NYSE:JOE - Get Free Report) Director Bruce R. Berkowitz sold 1,500 shares of the business's stock in a transaction on Friday, April 26th. The stock was sold at an average price of $59.19, for a total transaction of $88,785.00. Following the completion of the sale, the director now owns 19,227,224 shares in the company, valued at approximately $1,138,059,388.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
St. Joe Stock Performance
NYSE:JOE opened at $57.20 on Wednesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.47 and a current ratio of 1.47. The stock's fifty day moving average is $55.43 and its 200 day moving average is $54.49. The firm has a market capitalization of $3.34 billion, a PE ratio of 40.86 and a beta of 1.30. The St. Joe Company has a fifty-two week low of $39.68 and a fifty-two week high of $65.99.
St. Joe (NYSE:JOE - Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The financial services provider reported $0.23 EPS for the quarter. The company had revenue of $86.70 million for the quarter. St. Joe had a net margin of 20.10% and a return on equity of 11.69%.
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The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Wednesday, May 15th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.84%. The ex-dividend date is Tuesday, May 14th. St. Joe's payout ratio is 34.29%.
Institutional Trading of St. Joe
A number of hedge funds have recently bought and sold shares of JOE. Signaturefd LLC raised its position in shares of St. Joe by 1,198.0% in the 3rd quarter. Signaturefd LLC now owns 662 shares of the financial services provider's stock worth $36,000 after acquiring an additional 611 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of St. Joe during the fourth quarter valued at about $67,000. Selway Asset Management bought a new stake in shares of St. Joe in the 3rd quarter valued at about $71,000. Quest Partners LLC purchased a new position in shares of St. Joe in the 4th quarter worth approximately $162,000. Finally, M&T Bank Corp bought a new position in shares of St. Joe during the 4th quarter worth approximately $203,000. Hedge funds and other institutional investors own 86.67% of the company's stock.
St. Joe Company Profile
(
Get 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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