Legal & General Group Plc reduced its position in shares of St. Joe Company (The) (NYSE:JOE) by 1.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,017 shares of the financial services provider’s stock after selling 235 shares during the period. Legal & General Group Plc’s holdings in St. Joe Company (The) were worth $341,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the stock. Front Street Capital Management Inc. increased its stake in shares of St. Joe Company (The) by 7.3% in the first quarter. Front Street Capital Management Inc. now owns 248,677 shares of the financial services provider’s stock valued at $4,240,000 after buying an additional 16,930 shares during the period. Teachers Advisors LLC increased its stake in shares of St. Joe Company (The) by 0.6% in the first quarter. Teachers Advisors LLC now owns 100,168 shares of the financial services provider’s stock valued at $1,708,000 after buying an additional 594 shares during the period. American International Group Inc. increased its stake in shares of St. Joe Company (The) by 7.1% in the first quarter. American International Group Inc. now owns 31,115 shares of the financial services provider’s stock valued at $531,000 after buying an additional 2,064 shares during the period. Stifel Financial Corp increased its stake in shares of St. Joe Company (The) by 1.5% in the first quarter. Stifel Financial Corp now owns 15,645 shares of the financial services provider’s stock valued at $264,000 after buying an additional 234 shares during the period. Finally, Brandes Investment Partners LP increased its stake in shares of St. Joe Company (The) by 6.2% in the first quarter. Brandes Investment Partners LP now owns 1,859,213 shares of the financial services provider’s stock valued at $31,706,000 after buying an additional 108,804 shares during the period. Institutional investors and hedge funds own 94.15% of the company’s stock.

Shares of St. Joe Company (NYSE JOE) opened at 18.35 on Tuesday. The firm has a market capitalization of $1.32 billion, a P/E ratio of 117.63 and a beta of 0.91. The firm’s 50-day moving average is $18.43 and its 200 day moving average is $17.51. St. Joe Company has a one year low of $16.30 and a one year high of $21.90.

St. Joe Company (The) (NYSE:JOE) last issued its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.11. St. Joe Company (The) had a return on equity of 3.08% and a net margin of 23.02%. The firm had revenue of $30.40 million for the quarter. Equities research analysts predict that St. Joe Company will post $0.03 earnings per share for the current year.

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Several analysts have commented on the stock. BidaskClub downgraded shares of St. Joe Company (The) from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. Zacks Investment Research upgraded shares of St. Joe Company (The) from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Friday, July 14th.

St. Joe Company (The) Company Profile

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.

Institutional Ownership by Quarter for St. Joe Company (The) (NYSE:JOE)

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