GSA Capital Partners LLP raised its holdings in St. Joe Co (NYSE:JOE) by 12.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 96,460 shares of the financial services provider’s stock after buying an additional 10,816 shares during the quarter. GSA Capital Partners LLP owned about 0.16% of St. Joe worth $1,621,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of JOE. Russell Investments Group Ltd. boosted its position in shares of St. Joe by 192.3% during the third quarter. Russell Investments Group Ltd. now owns 9,062 shares of the financial services provider’s stock valued at $152,000 after purchasing an additional 5,962 shares in the last quarter. California Public Employees Retirement System bought a new stake in St. Joe in the second quarter worth $192,000. MERIAN GLOBAL INVESTORS UK Ltd bought a new stake in St. Joe in the third quarter worth $272,000. KBC Group NV bought a new stake in St. Joe in the second quarter worth $338,000. Finally, LMR Partners LLP bought a new stake in St. Joe in the second quarter worth $344,000. Hedge funds and other institutional investors own 95.02% of the company’s stock.

St. Joe stock opened at $15.00 on Thursday. St. Joe Co has a 12 month low of $14.28 and a 12 month high of $20.00. The firm has a market capitalization of $910.08 million, a price-to-earnings ratio of -100.00 and a beta of 0.92.

St. Joe (NYSE:JOE) last released its earnings results on Wednesday, October 31st. The financial services provider reported $0.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.04. St. Joe had a return on equity of 1.62% and a net margin of 61.38%. The business had revenue of $23.70 million for the quarter, compared to the consensus estimate of $27.70 million. On average, sell-side analysts anticipate that St. Joe Co will post 0.09 EPS for the current fiscal year.

Several equities research analysts have commented on JOE shares. Zacks Investment Research reissued a “hold” rating and issued a $17.00 target price on shares of St. Joe in a report on Tuesday, November 13th. TheStreet downgraded St. Joe from a “b-” rating to a “c+” rating in a report on Monday, September 10th.

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St. Joe Company Profile

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Florida, the United States. It operates through four segments: Residential Real Estate, Resorts and Leisure, Commercial Leasing and Sales, and Forestry. The Residential Real Estate segment plans and develops residential communities of various sizes.

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

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