GMT Capital Corp bought a new stake in shares of St. Joe Co (NYSE:JOE) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 196,374 shares of the financial services provider’s stock, valued at approximately $3,525,000. GMT Capital Corp owned about 0.32% of St. Joe as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in JOE. Point72 Asset Management L.P. purchased a new stake in shares of St. Joe during the first quarter valued at $3,348,000. Wells Fargo & Company MN lifted its holdings in shares of St. Joe by 105.0% during the first quarter. Wells Fargo & Company MN now owns 313,162 shares of the financial services provider’s stock valued at $5,904,000 after purchasing an additional 160,397 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of St. Joe by 22.8% during the first quarter. JPMorgan Chase & Co. now owns 844,482 shares of the financial services provider’s stock valued at $15,918,000 after purchasing an additional 156,918 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of St. Joe by 10.7% during the second quarter. Dimensional Fund Advisors LP now owns 1,504,368 shares of the financial services provider’s stock valued at $27,003,000 after purchasing an additional 145,473 shares during the last quarter. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of St. Joe by 7.9% during the first quarter. Gamco Investors INC. ET AL now owns 1,558,076 shares of the financial services provider’s stock valued at $29,370,000 after purchasing an additional 113,832 shares during the last quarter. 95.17% of the stock is owned by institutional investors and hedge funds.

Several research firms recently weighed in on JOE. Zacks Investment Research lowered St. Joe from a “buy” rating to a “hold” rating in a research report on Tuesday, July 31st. TheStreet raised St. Joe from a “c” rating to a “b-” rating in a research report on Tuesday, August 21st.

NYSE:JOE opened at $16.80 on Tuesday. The firm has a market cap of $1.02 billion, a P/E ratio of 128.46 and a beta of 0.79. St. Joe Co has a 1-year low of $16.20 and a 1-year high of $20.00.

St. Joe (NYSE:JOE) last posted its quarterly earnings results on Wednesday, August 1st. The financial services provider reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. The firm had revenue of $50.40 million for the quarter, compared to analyst estimates of $26.80 million. St. Joe had a return on equity of 1.66% and a net margin of 56.86%. equities analysts predict that St. Joe Co will post 0.09 EPS for the current fiscal year.

St. Joe 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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