St. Joe (NYSE:JOE) Major Shareholder Bruce Berkowitz Sells 6,100 Shares

December 18, 2025 by InsiderTrades.com

Key Points

Bruce Berkowitz sold 59,000 shares on Dec. 15 at an average of $62.37 for $3,679,830, reducing his stake by 0.36% but still holding 16,265,624 shares valued at about $1.014 billion.
St. Joe raised its quarterly dividend from $0.14 to $0.16 (paid Dec. 12), implying a $0.64 annualized payout with a ~1.0% yield and a ~35.6% payout ratio.
The firm posted last-quarter EPS of $0.67 with a 21.4% net margin, has a market cap of $3.56 billion and a P/E of ~34.3, and carries a consensus "Buy" rating from analysts.

St. Joe Company (The) (NYSE:JOE - Get Free Report) major shareholder Bruce Berkowitz sold 6,100 shares of St. Joe stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $62.00, for a total value of $378,200.00. Following the transaction, the insider owned 16,252,724 shares in the company, valued at $1,007,668,888. This trade represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Large shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.

St. Joe Stock Performance

Shares of NYSE:JOE traded down $0.33 during mid-day trading on Thursday, reaching $61.41. 5,414 shares of the company traded hands, compared to its average volume of 238,238. The company's 50 day moving average price is $56.30 and its 200-day moving average price is $51.84. The firm has a market cap of $3.55 billion, a PE ratio of 34.01 and a beta of 1.37. St. Joe Company has a 52 week low of $40.19 and a 52 week high of $63.13. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.25 and a quick ratio of 2.25.

St. Joe (NYSE:JOE - Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $0.67 earnings per share for the quarter. St. Joe had a net margin of 21.40% and a return on equity of 13.96%. The business had revenue of $161.08 million during the quarter.

St. Joe Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, November 13th were given a dividend of $0.16 per share. The ex-dividend date was Thursday, November 13th. This is an increase from St. Joe's previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a dividend yield of 1.0%. St. Joe's dividend payout ratio (DPR) is 35.56%.

Analyst Upgrades and Downgrades

JOE has been the subject of several recent research reports. Wall Street Zen upgraded St. Joe from a "hold" rating to a "buy" rating in a research report on Saturday, November 1st. Weiss Ratings reiterated a "buy (b-)" rating on shares of St. Joe in a research note on Monday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy".

Read Our Latest Report on St. Joe

Hedge Funds Weigh In On St. Joe

A number of institutional investors have recently bought and sold shares of JOE. River Road Asset Management LLC grew its stake in shares of St. Joe by 86.0% during the 2nd quarter. River Road Asset Management LLC now owns 186,830 shares of the financial services provider's stock worth $9,435,000 after purchasing an additional 86,365 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in shares of St. Joe in the 2nd quarter valued at $547,000. Prospera Financial Services Inc purchased a new stake in St. Joe during the second quarter worth $2,224,000. American Century Companies Inc. grew its position in St. Joe by 234.7% during the first quarter. American Century Companies Inc. now owns 20,595 shares of the financial services provider's stock valued at $967,000 after buying an additional 14,442 shares during the period. Finally, Horizon Kinetics Asset Management LLC increased its position in shares of St. Joe by 1.0% in the second quarter. Horizon Kinetics Asset Management LLC now owns 555,891 shares of the financial services provider's stock valued at $26,516,000 after buying an additional 5,552 shares in the last quarter. 86.67% of the stock is owned by hedge funds and other institutional investors.

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.