St. Joe Company (The) (NYSE:JOE) Director Fairholme Capital Management L purchased 43,200 shares of St. Joe stock in a transaction dated Wednesday, November 29th. The shares were purchased at an average cost of $18.75 per share, for a total transaction of $810,000.00. The acquisition was disclosed in a 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 27th, Fairholme Capital Management L purchased 57,100 shares of St. Joe stock. The shares were purchased at an average cost of $19.00 per share, for a total transaction of $1,084,900.00.
  • On Monday, November 20th, Fairholme Capital Management L purchased 50,000 shares of St. Joe stock. The shares were purchased at an average cost of $18.67 per share, for a total transaction of $933,500.00.
  • On Wednesday, November 22nd, Fairholme Capital Management L purchased 200,000 shares of St. Joe stock. The shares were purchased at an average cost of $18.83 per share, for a total transaction of $3,766,000.00.
  • On Friday, November 17th, Fairholme Capital Management L acquired 16,500 shares of St. Joe stock. The stock was bought at an average cost of $18.65 per share, for a total transaction of $307,725.00.
  • On Wednesday, November 15th, Fairholme Capital Management L acquired 50,000 shares of St. Joe stock. The stock was bought at an average cost of $18.32 per share, for a total transaction of $916,000.00.
  • On Thursday, November 9th, Fairholme Capital Management L acquired 59,050 shares of St. Joe stock. The stock was bought at an average cost of $17.84 per share, for a total transaction of $1,053,452.00.
  • On Monday, November 13th, Fairholme Capital Management L acquired 154,200 shares of St. Joe stock. The stock was bought at an average cost of $17.98 per share, for a total transaction of $2,772,516.00.

St. Joe Company (JOE) traded up $0.15 on Wednesday, reaching $18.90. 383,800 shares of the company traded hands, compared to its average volume of 264,122. The company has a market cap of $1,260.00, a PE ratio of 57.58 and a beta of 0.88. St. Joe Company has a 1-year low of $16.30 and a 1-year high of $21.90.

St. Joe (NYSE:JOE) last posted its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $0.08 EPS for the quarter, beating the consensus estimate of $0.04 by $0.04. The business had revenue of $33.60 million for the quarter, compared to analysts’ expectations of $25.80 million. St. Joe had a net margin of 24.82% and a return on equity of 3.71%. research analysts expect that St. Joe Company will post 0.25 EPS for the current fiscal year.

St. Joe announced that its board has approved a stock repurchase plan on Thursday, September 21st that authorizes the company to repurchase $66.00 million in outstanding shares. This repurchase authorization authorizes the financial services provider to purchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

A number of institutional investors and hedge funds have recently bought and sold shares of JOE. BNP Paribas Arbitrage SA lifted its position in St. Joe by 207.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,987 shares of the financial services provider’s stock worth $112,000 after buying an additional 4,039 shares in the last quarter. SG Americas Securities LLC bought a new stake in St. Joe during the 2nd quarter worth about $114,000. UBS Group AG lifted its position in St. Joe by 4.9% during the 1st quarter. UBS Group AG now owns 6,203 shares of the financial services provider’s stock worth $106,000 after buying an additional 289 shares in the last quarter. QS Investors LLC bought a new stake in St. Joe during the 2nd quarter worth about $146,000. Finally, Stelac Advisory Services LLC bought a new stake in St. Joe during the 3rd quarter worth about $158,000. 92.62% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently commented on the stock. BidaskClub cut shares of St. Joe from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Zacks Investment Research cut shares of St. Joe from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 16th.

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About St. Joe

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.

Insider Buying and Selling by Quarter for St. Joe (NYSE:JOE)

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