St. Joe Company (The) (NYSE:JOE) Director Fairholme Capital Management L acquired 59,050 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was purchased at an average price of $17.84 per share, for a total transaction of $1,053,452.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Fairholme Capital Management L also recently made the following trade(s):

  • On Monday, November 13th, Fairholme Capital Management L acquired 154,200 shares of St. Joe Company (The) stock. The stock was purchased at an average price of $17.98 per share, for a total transaction of $2,772,516.00.

St. Joe Company (JOE) traded up $0.35 on Monday, reaching $18.45. 181,800 shares of the company’s stock were exchanged, compared to its average volume of 262,876. St. Joe Company has a twelve month low of $16.30 and a twelve month high of $21.90. The stock has a market cap of $1,223.63, a price-to-earnings ratio of 55.91 and a beta of 0.88.

St. Joe Company (The) (NYSE:JOE) last released its earnings results on Thursday, November 2nd. The financial services provider reported $0.08 earnings per share for the quarter, topping the Zacks’ 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. equities research analysts expect that St. Joe Company will post 0.25 earnings per share for the current fiscal year.

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

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A number of research analysts have weighed in on JOE shares. Zacks Investment Research raised shares of St. Joe Company (The) from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research note on Monday, October 23rd. BidaskClub lowered shares of St. Joe Company (The) from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. UBS Group AG lifted its stake in St. Joe Company (The) by 4.9% in the 1st quarter. UBS Group AG now owns 6,203 shares of the financial services provider’s stock worth $106,000 after purchasing an additional 289 shares in the last quarter. BNP Paribas Arbitrage SA lifted its stake in St. Joe Company (The) by 207.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,987 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 4,039 shares in the last quarter. SG Americas Securities LLC purchased a new position in St. Joe Company (The) in the 2nd quarter worth approximately $114,000. QS Investors LLC purchased a new position in St. Joe Company (The) in the 2nd quarter worth approximately $146,000. Finally, Stelac Advisory Services LLC purchased a new position in St. Joe Company (The) in the 3rd quarter worth approximately $158,000.

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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