Gamco Investors INC. ET AL lifted its stake in shares of St. Joe Co (NYSE:JOE) by 17.4% in the 4th quarter, HoldingsChannel reports. The fund owned 1,444,244 shares of the financial services provider’s stock after acquiring an additional 214,400 shares during the quarter. Gamco Investors INC. ET AL’s holdings in St. Joe were worth $26,069,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fairholme Capital Management LLC boosted its stake in shares of St. Joe by 6.0% during the 3rd quarter. Fairholme Capital Management LLC now owns 27,002,485 shares of the financial services provider’s stock worth $508,997,000 after acquiring an additional 1,517,928 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of St. Joe during the 3rd quarter worth $929,000. State Street Corp boosted its stake in shares of St. Joe by 5.8% during the 2nd quarter. State Street Corp now owns 1,063,097 shares of the financial services provider’s stock worth $19,937,000 after acquiring an additional 57,881 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of St. Joe by 116.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 774,961 shares of the financial services provider’s stock worth $14,919,000 after acquiring an additional 416,198 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of St. Joe during the 3rd quarter worth $526,000. 92.66% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently weighed in on JOE shares. Zacks Investment Research lowered St. Joe from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 16th. ValuEngine lowered St. Joe from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st.

Shares of St. Joe Co (JOE) opened at $17.70 on Wednesday. The company has a market capitalization of $1,177.20, a price-to-earnings ratio of 53.79 and a beta of 0.94. St. Joe Co has a 12-month low of $16.30 and a 12-month high of $19.90.

In other St. Joe news, Director Howard S. Frank bought 20,000 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The stock was acquired at an average price of $18.98 per share, with a total value of $379,600.00. Following the completion of the transaction, the director now directly owns 20,000 shares in the company, valued at approximately $379,600. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Fairholme Capital Management L bought 154,200 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was acquired at an average cost of $17.98 per share, with a total value of $2,772,516.00. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 994,150 shares of company stock valued at $18,380,258. 33.83% of the stock is currently owned by insiders.

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St. Joe Profile

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.

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Institutional Ownership by Quarter for St. Joe (NYSE:JOE)

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