UBS Asset Management Americas Inc. continued to hold its position in St. Joe Company (The) (NYSE:JOE) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,283 shares of the financial services provider’s stock at the end of the first quarter. UBS Asset Management Americas Inc.’s holdings in St. Joe Company (The) were worth $499,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE boosted its position in St. Joe Company (The) by 1.9% in the first quarter. US Bancorp DE now owns 16,112 shares of the financial services provider’s stock valued at $275,000 after buying an additional 300 shares in the last quarter. New Jersey Better Educational Savings Trust boosted its position in St. Joe Company (The) by 6.3% in the first quarter. New Jersey Better Educational Savings Trust now owns 34,000 shares of the financial services provider’s stock valued at $580,000 after buying an additional 2,000 shares in the last quarter. Bank of New York Mellon Corp boosted its position in St. Joe Company (The) by 2.2% in the first quarter. Bank of New York Mellon Corp now owns 245,627 shares of the financial services provider’s stock valued at $4,188,000 after buying an additional 5,212 shares in the last quarter. Teachers Advisors LLC boosted its position in St. Joe Company (The) by 21.0% in the fourth quarter. Teachers Advisors LLC now owns 99,574 shares of the financial services provider’s stock valued at $1,892,000 after buying an additional 17,295 shares in the last quarter. Finally, First Trust Advisors LP purchased a new position in St. Joe Company (The) during the first quarter valued at approximately $551,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

St. Joe Company (JOE) traded down 0.52% during midday trading on Friday, hitting $19.10. 512,182 shares of the company were exchanged. St. Joe Company has a 1-year low of $16.30 and a 1-year high of $21.90. The stock has a 50 day moving average of $18.55 and a 200-day moving average of $17.67. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 68.46 and a beta of 0.91.

St. Joe Company (The) (NYSE:JOE) last released its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.15 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.11. St. Joe Company (The) had a net margin of 23.02% and a return on equity of 3.08%. The business had revenue of $30.40 million for the quarter. Equities analysts expect that St. Joe Company will post $0.25 earnings per share for the current year.

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Several research firms have commented on JOE. BidaskClub cut shares of St. Joe Company (The) from a “buy” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research raised 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 research report on Friday, July 14th.

About St. Joe Company (The)

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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