St. Joe Company (The) (NYSE:JOE) Director Fairholme Capital Management L purchased 194,600 shares of St. Joe stock in a transaction dated Tuesday, December 5th. The shares were purchased at an average cost of $18.47 per share, with a total value of $3,594,262.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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

  • On Friday, December 1st, Fairholme Capital Management L acquired 41,900 shares of St. Joe stock. The stock was bought at an average cost of $18.44 per share, with a total value of $772,636.00.
  • On Wednesday, November 29th, Fairholme Capital Management L acquired 43,200 shares of St. Joe stock. The stock was bought at an average cost 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 stock was bought at an average cost of $19.00 per share, with a total value of $1,084,900.00.
  • On Monday, November 20th, Fairholme Capital Management L purchased 50,000 shares of St. Joe stock. The stock was acquired at an average cost 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, for a total transaction of $3,766,000.00.
  • On Friday, November 17th, Fairholme Capital Management L bought 16,500 shares of St. Joe stock. The stock was acquired at an average price of $18.65 per share, for a total transaction of $307,725.00.
  • On Wednesday, November 15th, Fairholme Capital Management L bought 50,000 shares of St. Joe stock. The stock was acquired at an average price of $18.32 per share, for a total transaction of $916,000.00.
  • On Thursday, November 9th, Fairholme Capital Management L bought 59,050 shares of St. Joe stock. The stock was acquired at an average price of $17.84 per share, for a total transaction of $1,053,452.00.
  • On Monday, November 13th, Fairholme Capital Management L bought 154,200 shares of St. Joe stock. The stock was acquired at an average price of $17.98 per share, for a total transaction of $2,772,516.00.

Shares of St. Joe Company (NYSE JOE) traded down $0.05 during midday trading on Tuesday, hitting $18.50. The company had a trading volume of 284,247 shares, compared to its average volume of 266,138. The firm has a market capitalization of $1,230.26, a price-to-earnings ratio of 56.21 and a beta of 0.91. St. Joe Company has a twelve month low of $16.30 and a twelve month high of $21.90.

St. Joe (NYSE:JOE) last released its quarterly earnings data 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 had a return on equity of 3.71% and a net margin of 24.82%. The firm had revenue of $33.60 million during the quarter, compared to analyst estimates of $25.80 million. sell-side analysts forecast that St. Joe Company will post 0.25 EPS for the current fiscal year.

St. Joe declared that its board has initiated a stock repurchase plan on Thursday, September 21st that permits the company to repurchase $66.00 million in outstanding shares. This repurchase authorization permits the financial services provider to reacquire up to 5.2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional investors have recently bought and sold shares of the stock. Janus Henderson Group PLC bought a new position in St. Joe during the second quarter worth about $184,654,000. State Street Corp boosted its holdings in St. Joe by 5.8% during the second quarter. State Street Corp now owns 1,063,097 shares of the financial services provider’s stock worth $19,937,000 after buying an additional 57,881 shares during the last quarter. Brandes Investment Partners LP boosted its holdings in St. Joe by 9.4% during the second quarter. Brandes Investment Partners LP now owns 2,034,434 shares of the financial services provider’s stock worth $38,153,000 after buying an additional 175,221 shares during the last quarter. Fairholme Capital Management LLC lifted its holdings in shares of St. Joe by 4.4% during the 2nd quarter. Fairholme Capital Management LLC now owns 25,484,557 shares of the financial services provider’s stock valued at $477,835,000 after purchasing an additional 1,083,400 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of St. Joe by 77.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 155,138 shares of the financial services provider’s stock valued at $2,908,000 after purchasing an additional 67,800 shares in the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

JOE has been the topic of a number of research reports. Zacks Investment Research downgraded St. Joe from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. BidaskClub cut St. Joe from a “buy” rating to a “hold” rating in a research report on Wednesday, August 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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