Yousif Capital Management LLC Purchases 197 Shares of The St. Joe Company (NYSE:JOE)

Yousif Capital Management LLC boosted its position in The St. Joe Company (NYSE:JOE) by 1.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,532 shares of the financial services provider’s stock after buying an additional 197 shares during the quarter. Yousif Capital Management LLC’s holdings in St. Joe were worth $1,175,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC grew its position in shares of St. Joe by 1,198.0% in the third quarter. Signaturefd LLC now owns 662 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 611 shares during the last quarter. GAMMA Investing LLC acquired a new stake in St. Joe in the 4th quarter valued at approximately $67,000. Selway Asset Management bought a new position in St. Joe in the 3rd quarter worth approximately $71,000. Byrne Asset Management LLC lifted its holdings in shares of St. Joe by 30.1% during the third quarter. Byrne Asset Management LLC now owns 4,060 shares of the financial services provider’s stock worth $221,000 after buying an additional 940 shares during the last quarter. Finally, Viewpoint Capital Management LLC bought a new stake in shares of St. Joe in the third quarter valued at approximately $272,000. Institutional investors own 86.67% of the company’s stock.

Insider Buying and Selling at St. Joe

In other news, Director Bruce R. Berkowitz sold 2,600 shares of St. Joe stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $59.05, for a total transaction of $153,530.00. Following the sale, the director now owns 19,224,624 shares of the company’s stock, valued at approximately $1,135,214,047.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Bruce R. Berkowitz sold 2,600 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $59.05, for a total value of $153,530.00. Following the completion of the transaction, the director now owns 19,224,624 shares of the company’s stock, valued at $1,135,214,047.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bruce R. Berkowitz sold 88,700 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $54.03, for a total transaction of $4,792,461.00. Following the transaction, the director now owns 19,236,024 shares of the company’s stock, valued at approximately $1,039,322,376.72. The disclosure for this sale can be found here. Insiders sold a total of 110,900 shares of company stock valued at $6,023,274 in the last quarter. Corporate insiders own 38.80% of the company’s stock.

St. Joe Trading Up 1.8 %

Shares of St. Joe stock opened at $58.84 on Friday. The St. Joe Company has a 1 year low of $40.36 and a 1 year high of $65.99. The company’s fifty day simple moving average is $55.56 and its 200-day simple moving average is $54.58. The company has a market cap of $3.44 billion, a price-to-earnings ratio of 42.03 and a beta of 1.30. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.89.

St. Joe (NYSE:JOE) last posted its quarterly earnings results on Wednesday, February 21st. The financial services provider reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $86.70 million for the quarter. St. Joe had a net margin of 20.10% and a return on equity of 11.69%.

St. Joe Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Wednesday, May 15th will be paid a dividend of $0.12 per share. The ex-dividend date is Tuesday, May 14th. This represents a $0.48 annualized dividend and a yield of 0.82%. St. Joe’s dividend payout ratio is 34.29%.

About St. Joe

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida. It operates through three segments: Residential, Hospitality, and Commercial. The Residential segment engages in the development of communities into homesites for sale to homebuilders and on a limited basis to retail customers.