St. Joe Company (The) (NYSE:JOE) Director Fairholme Capital Management L acquired 106,300 shares of St. Joe stock in a transaction that occurred on Friday, December 8th. The shares were purchased at an average cost of $18.49 per share, with a total value of $1,965,487.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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 shares were purchased at an average cost of $18.44 per share, with a total value of $772,636.00.
  • On Tuesday, December 5th, Fairholme Capital Management L acquired 194,600 shares of St. Joe stock. The shares were purchased at an average cost of $18.47 per share, with a total value of $3,594,262.00.
  • On Wednesday, November 29th, Fairholme Capital Management L acquired 43,200 shares of St. Joe stock. The shares were purchased 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 shares were purchased 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 acquired 50,000 shares of St. Joe stock. The shares were purchased 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 purchased at an average cost 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 purchased at an average cost 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 purchased at an average cost of $18.32 per share, with a total value of $916,000.00.
  • On Thursday, November 9th, Fairholme Capital Management L purchased 59,050 shares of St. Joe stock. The shares were bought at an average cost of $17.84 per share, with a total value of $1,053,452.00.
  • On Monday, November 13th, Fairholme Capital Management L purchased 154,200 shares of St. Joe stock. The shares were bought at an average cost of $17.98 per share, with a total value of $2,772,516.00.

St. Joe Company (NYSE:JOE) opened at $18.50 on Friday. The firm has a market capitalization of $1,226.94, a price-to-earnings ratio of 56.06 and a beta of 0.91. St. Joe Company has a 1 year low of $16.30 and a 1 year high of $21.75.

St. Joe (NYSE:JOE) last released its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.04. The company had revenue of $33.60 million during the quarter, compared to the consensus estimate of $25.80 million. St. Joe had a return on equity of 3.71% and a net margin of 24.82%. analysts anticipate that St. Joe Company will post 0.25 earnings per share for the current fiscal year.

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

Several equities analysts have weighed in on the company. Zacks Investment Research downgraded St. Joe from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. BidaskClub downgraded St. Joe from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th.

Several large investors have recently made changes to their positions in JOE. Janus Henderson Group PLC purchased a new stake in shares of St. Joe in the second quarter valued at $184,654,000. Fairholme Capital Management LLC grew its position in shares of St. Joe by 6.0% in the third quarter. Fairholme Capital Management LLC now owns 27,002,485 shares of the financial services provider’s stock valued at $508,997,000 after purchasing an additional 1,517,928 shares during the period. JPMorgan Chase & Co. grew its position in shares of St. Joe by 116.0% in the third quarter. JPMorgan Chase & Co. now owns 774,961 shares of the financial services provider’s stock valued at $14,919,000 after purchasing an additional 416,198 shares during the period. Dimensional Fund Advisors LP grew its position in shares of St. Joe by 21.1% in the third quarter. Dimensional Fund Advisors LP now owns 1,131,376 shares of the financial services provider’s stock valued at $21,328,000 after purchasing an additional 197,196 shares during the period. Finally, Brandes Investment Partners LP grew its position in shares of St. Joe by 9.4% in the second quarter. Brandes Investment Partners LP now owns 2,034,434 shares of the financial services provider’s stock valued at $38,153,000 after purchasing an additional 175,221 shares during the period. 92.69% of the stock is owned by institutional investors and hedge funds.

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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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