The St. Joe Co. (NYSE:JOE) shares saw an uptick in trading volume on Thursday . 227,348 shares changed hands during mid-day trading, an increase of 73% from the previous session’s volume of 131,331 shares.The stock last traded at $19.05 and had previously closed at $19.04.

Separately, Zacks Investment Research lowered The St. Joe from a “buy” rating to a “hold” rating in a research report on Thursday, July 28th.

The firm has a market capitalization of $1.42 billion and a P/E ratio of 140.74. The stock has a 50-day moving average of $18.19 and a 200-day moving average of $16.85.

The St. Joe (NYSE:JOE) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.01. Equities analysts expect that The St. Joe Co. will post $0.12 EPS for the current year.

An institutional investor recently raised its position in The St. Joe stock. New York State Common Retirement Fund increased its stake in The St. Joe Co. (NYSE:JOE) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,300 shares of the company’s stock after buying an additional 2,900 shares during the period. New York State Common Retirement Fund owned 0.09% of The St. Joe worth $1,190,000 as of its most recent filing with the SEC.

The St. Joe Company is a real estate development and operating company, asset management and operating company with real estate assets and operations concentrated primarily between Tallahassee and Destin, Florida. The Company has residential and commercial land-use entitlements in hand or in process.