Voya Investment Management LLC raised its holdings in St. Joe Company (The) (NYSE:JOE) by 9.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,786 shares of the financial services provider’s stock after purchasing an additional 2,227 shares during the quarter. Voya Investment Management LLC’s holdings in St. Joe Company (The) were worth $465,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of JOE. UBS Group AG boosted its holdings in St. Joe Company (The) by 4.9% in the first quarter. UBS Group AG now owns 6,203 shares of the financial services provider’s stock valued at $106,000 after purchasing an additional 289 shares during the last quarter. BNP Paribas Arbitrage SA boosted its holdings in St. Joe Company (The) by 207.3% in the second quarter. BNP Paribas Arbitrage SA now owns 5,987 shares of the financial services provider’s stock valued at $112,000 after purchasing an additional 4,039 shares during the last quarter. SG Americas Securities LLC purchased a new stake in St. Joe Company (The) in the second quarter valued at $114,000. Cutler Group LP purchased a new stake in St. Joe Company (The) in the second quarter valued at $150,000. Finally, Highbridge Capital Management LLC purchased a new stake in St. Joe Company (The) in the first quarter valued at $244,000. 96.66% of the stock is currently owned by institutional investors.

Shares of St. Joe Company (NYSE JOE) opened at $17.95 on Wednesday. St. Joe Company has a 12 month low of $16.30 and a 12 month high of $21.90. The stock has a market cap of $1,183.83, a PE ratio of 54.09 and a beta of 0.88.

St. Joe Company (The) (NYSE:JOE) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.04. St. Joe Company (The) had a net margin of 24.82% and a return on equity of 3.71%. The business had revenue of $33.60 million for the quarter, compared to analyst estimates of $25.80 million. analysts anticipate that St. Joe Company will post 0.25 EPS for the current year.

St. Joe Company (The) announced that its board has initiated a stock repurchase program on Thursday, September 21st that permits the company to buyback $66.00 million in outstanding shares. This buyback authorization permits the financial services provider to purchase up to 5.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Several research firms have commented on JOE. Zacks Investment Research lowered shares of St. Joe Company (The) from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. BidaskClub lowered shares of St. Joe Company (The) from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th.

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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.

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

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