Bruce Berkowitz Sells 1,400 Shares of St. Joe (NYSE:JOE) Stock

St. Joe Company (The) (NYSE:JOE) major shareholder Bruce Berkowitz sold 1,400 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $73.50, for a total transaction of $102,900.00. Following the completion of the transaction, the insider owned 16,094,724 shares of the company’s stock, valued at approximately $1,182,962,214. This trade represents a 0.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

St. Joe Trading Down 1.7%

JOE stock opened at $68.87 on Friday. The company has a quick ratio of 2.68, a current ratio of 2.68 and a debt-to-equity ratio of 0.73. St. Joe Company has a 52-week low of $40.19 and a 52-week high of $73.54. The company’s 50-day simple moving average is $66.54 and its 200-day simple moving average is $58.50. The firm has a market cap of $3.96 billion, a P/E ratio of 34.44 and a beta of 1.30.

St. Joe (NYSE:JOE) last released its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $0.52 earnings per share for the quarter. The company had revenue of $128.89 million during the quarter. St. Joe had a return on equity of 15.23% and a net margin of 22.52%.

St. Joe Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Monday, March 9th will be given a $0.16 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.9%. St. Joe’s payout ratio is 32.00%.

Hedge Funds Weigh In On St. Joe

A number of hedge funds have recently made changes to their positions in the company. Royal Bank of Canada lifted its position in shares of St. Joe by 4.9% in the first quarter. Royal Bank of Canada now owns 29,915 shares of the financial services provider’s stock valued at $1,404,000 after acquiring an additional 1,384 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of St. Joe by 152.4% in the first quarter. AQR Capital Management LLC now owns 76,084 shares of the financial services provider’s stock worth $3,572,000 after acquiring an additional 45,939 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of St. Joe by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,459 shares of the financial services provider’s stock worth $1,008,000 after purchasing an additional 951 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of St. Joe by 29.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,606 shares of the financial services provider’s stock worth $4,113,000 after purchasing an additional 19,879 shares in the last quarter. Finally, Intech Investment Management LLC raised its stake in St. Joe by 45.8% in the 1st quarter. Intech Investment Management LLC now owns 26,218 shares of the financial services provider’s stock valued at $1,231,000 after purchasing an additional 8,235 shares during the last quarter. Institutional investors and hedge funds own 86.67% of the company’s stock.

Key Headlines Impacting St. Joe

Here are the key news stories impacting St. Joe this week:

• Positive Sentiment: Company disclosed a quarterly dividend of $0.16 per share (payable Mar 26; record/ex-dividend Mar 9), implying a $0.64 annualized payout and a ~0.9% yield — supports income-seeking holders. MarketBeat JOE Coverage
• Positive Sentiment: Recent quarterly results (reported Feb. 25) show EPS of $0.52, revenue ~$128.9M, a net margin of ~22.5% and ROE ~15.2% — healthy profitability metrics for a real-estate developer that support valuation. MarketBeat JOE Coverage
• Positive Sentiment: High institutional ownership (~86.7%) and reported position increases by some asset managers suggest a stable, well‑held shareholder base that can reduce volatility over time. MarketBeat JOE Coverage
• Neutral Sentiment: Analyst commentary is mixed: Weiss Ratings reissued a buy, while another outlet cut JOE from buy to hold; consensus remains overweight/buy — this mixed messaging may limit immediate analyst-driven moves. MarketBeat Analyst Notes
• Neutral Sentiment: Intraday volume is elevated versus average (trade count noted in recent write-ups). Higher volume confirms stronger investor interest today but is ambiguous on direction without a clear catalyst. MarketBeat Intraday Data
• Neutral Sentiment: Valuation/ratios: P/E around mid-30s and beta ~1.3 — indicates growth expectations and modestly higher sensitivity to market moves. These are context items rather than immediate catalysts. MarketBeat Metrics
• Negative Sentiment: Major shareholder Bruce R. Berkowitz sold 1,400 shares on Mar. 4 for ~$73.50 each (~$102.9k). The sale is very small relative to his stake (0.01% reduction) but insider selling can be viewed negatively by some traders. InsiderTrades Alert

Analyst Ratings Changes

A number of research firms recently issued reports on JOE. Weiss Ratings reissued a “buy (b-)” rating on shares of St. Joe in a research note on Monday, December 29th. Wall Street Zen cut shares of St. Joe from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

St. Joe Company Profile

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.