10,000 Shares in St. Joe Company (The) $JOE Bought by Nkcfo LLC

Nkcfo LLC acquired a new stake in shares of St. Joe Company (The) (NYSE:JOE) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,000 shares of the financial services provider’s stock, valued at approximately $495,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Blackhawk Capital Partners LLC purchased a new position in St. Joe in the third quarter worth about $1,535,000. River Road Asset Management LLC lifted its stake in shares of St. Joe by 86.0% in the 2nd quarter. River Road Asset Management LLC now owns 186,830 shares of the financial services provider’s stock valued at $9,435,000 after purchasing an additional 86,365 shares during the last quarter. Prospera Financial Services Inc purchased a new position in shares of St. Joe in the 2nd quarter worth approximately $2,224,000. Horizon Kinetics Asset Management LLC increased its position in shares of St. Joe by 1.0% during the 2nd quarter. Horizon Kinetics Asset Management LLC now owns 555,891 shares of the financial services provider’s stock valued at $26,516,000 after purchasing an additional 5,552 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in St. Joe by 182.7% during the 2nd quarter. American Century Companies Inc. now owns 58,227 shares of the financial services provider’s stock valued at $2,777,000 after buying an additional 37,632 shares during the period. 86.67% of the stock is owned by hedge funds and other institutional investors.

St. Joe Stock Down 3.3%

NYSE:JOE opened at $69.15 on Tuesday. The stock has a fifty day simple moving average of $64.66 and a 200-day simple moving average of $57.27. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 0.75. The company has a market cap of $3.99 billion, a price-to-earnings ratio of 38.42 and a beta of 1.34. St. Joe Company has a twelve month low of $40.19 and a twelve month high of $71.90.

Insiders Place Their Bets

In other St. Joe news, major shareholder Bruce R. Berkowitz sold 1,000 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $71.51, for a total value of $71,510.00. Following the completion of the sale, the insider directly owned 16,135,124 shares of the company’s stock, valued at $1,153,822,717.24. The trade was a 0.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have sold 189,500 shares of company stock worth $12,276,077. Company insiders own 38.80% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on JOE. Wall Street Zen raised shares of St. Joe from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of St. Joe in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.

About St. Joe

The St. Joe Company (NYSE: JOE) is a leading real estate development and asset management firm focused on Northwest Florida. Headquartered in Jacksonville, the company owns and manages approximately 171,000 acres of land across Bay, Gulf, Franklin and Walton counties. St. Joe’s core businesses include residential community development, commercial real estate, and hospitality, with an emphasis on master-planned neighborhoods, office and retail campuses, resort hotels and mixed-use town centers.

Founded in 1936 as a paper manufacturing company, St.