The St. Joe Company (NYSE:JOE) Stock Holdings Increased by WINTON GROUP Ltd

WINTON GROUP Ltd grew its position in shares of The St. Joe Company (NYSE:JOE) by 31.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,452 shares of the financial services provider’s stock after buying an additional 5,657 shares during the period. WINTON GROUP Ltd’s holdings in St. Joe were worth $1,054,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of St. Joe by 4.3% during the 4th quarter. Vanguard Group Inc. now owns 6,197,402 shares of the financial services provider’s stock valued at $278,449,000 after acquiring an additional 252,906 shares in the last quarter. State Street Corp increased its stake in St. Joe by 5.7% during the third quarter. State Street Corp now owns 1,396,046 shares of the financial services provider’s stock valued at $81,403,000 after purchasing an additional 75,374 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of St. Joe by 2.7% during the third quarter. Geode Capital Management LLC now owns 898,637 shares of the financial services provider’s stock worth $52,409,000 after purchasing an additional 23,973 shares during the period. Horizon Kinetics Asset Management LLC raised its holdings in shares of St. Joe by 7.7% during the fourth quarter. Horizon Kinetics Asset Management LLC now owns 564,202 shares of the financial services provider’s stock worth $25,350,000 after purchasing an additional 40,354 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of St. Joe by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 364,559 shares of the financial services provider’s stock valued at $16,380,000 after buying an additional 6,904 shares during the period. Institutional investors and hedge funds own 86.67% of the company’s stock.

Insider Transactions at St. Joe

In related news, major shareholder Bruce R. Berkowitz sold 2,900 shares of St. Joe stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $47.01, for a total value of $136,329.00. Following the sale, the insider now directly owns 16,940,624 shares in the company, valued at $796,378,734.24. This trade represents a 0.02 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 300,000 shares of company stock worth $14,113,022. Insiders own 38.80% of the company’s stock.

St. Joe Price Performance

Shares of NYSE:JOE opened at $46.34 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.85. The firm has a 50-day simple moving average of $47.09 and a 200 day simple moving average of $50.29. The St. Joe Company has a fifty-two week low of $42.94 and a fifty-two week high of $64.69. The company has a market cap of $2.70 billion, a PE ratio of 39.27 and a beta of 1.30.

St. Joe (NYSE:JOE) last announced its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $0.32 earnings per share for the quarter. St. Joe had a return on equity of 9.58% and a net margin of 17.76%. The business had revenue of $104.30 million for the quarter.

St. Joe Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Monday, March 10th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.21%. The ex-dividend date was Monday, March 10th. St. Joe’s dividend payout ratio (DPR) is 44.09%.

St. Joe Company Profile

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.