St. Joe Company (The) (NYSE:JOE) Director Fairholme Capital Management L bought 41,900 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was purchased at an average price of $18.44 per share, with a total value of $772,636.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Tuesday, December 5th, Fairholme Capital Management L bought 194,600 shares of St. Joe stock. The stock was purchased at an average price of $18.47 per share, with a total value of $3,594,262.00.
  • On Wednesday, November 29th, Fairholme Capital Management L bought 43,200 shares of St. Joe stock. The stock was purchased at an average price of $18.75 per share, with a total value of $810,000.00.
  • On Monday, November 27th, Fairholme Capital Management L acquired 57,100 shares of St. Joe stock. The shares were bought at an average price of $19.00 per share, with a total value of $1,084,900.00.
  • On Monday, November 20th, Fairholme Capital Management L acquired 50,000 shares of St. Joe stock. The shares were bought at an average price of $18.67 per share, with a total value of $933,500.00.
  • On Wednesday, November 22nd, Fairholme Capital Management L acquired 200,000 shares of St. Joe stock. The shares were bought at an average price of $18.83 per share, with a total value of $3,766,000.00.
  • On Friday, November 17th, Fairholme Capital Management L acquired 16,500 shares of St. Joe stock. The shares were bought at an average price of $18.65 per share, with a total value of $307,725.00.
  • On Wednesday, November 15th, Fairholme Capital Management L acquired 50,000 shares of St. Joe stock. The shares were bought at an average price of $18.32 per share, with a total value of $916,000.00.
  • On Thursday, November 9th, Fairholme Capital Management L acquired 59,050 shares of St. Joe stock. The shares were bought at an average price of $17.84 per share, with a total value of $1,053,452.00.
  • On Monday, November 13th, Fairholme Capital Management L acquired 154,200 shares of St. Joe stock. The shares were bought at an average price of $17.98 per share, with a total value of $2,772,516.00.

St. Joe Company (NYSE:JOE) traded down $0.05 on Tuesday, reaching $18.50. 284,247 shares of the company’s stock were exchanged, compared to its average volume of 266,138. St. Joe Company has a 52-week low of $16.30 and a 52-week high of $21.90. The company has a market cap of $1,230.26, a price-to-earnings ratio of 56.21 and a beta of 0.91.

St. Joe (NYSE:JOE) last posted 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 had a net margin of 24.82% and a return on equity of 3.71%. The firm had revenue of $33.60 million for the quarter, compared to analyst estimates of $25.80 million. analysts expect that St. Joe Company will post 0.25 earnings per share for the current fiscal year.

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

A number of institutional investors and hedge funds have recently bought and sold shares of JOE. UBS Group AG grew its holdings 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 acquiring an additional 289 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings 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 acquiring an additional 4,039 shares during the last quarter. SG Americas Securities LLC bought a new stake in St. Joe during the 2nd quarter worth approximately $114,000. QS Investors LLC bought a new stake in St. Joe during the 2nd quarter worth approximately $146,000. Finally, Stelac Advisory Services LLC bought a new stake in St. Joe during the 3rd quarter worth approximately $158,000. 92.69% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms recently issued reports on JOE. 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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