Chicago Partners Investment Group LLC Has $628,000 Stock Position in The St. Joe Company (NYSE:JOE)

Chicago Partners Investment Group LLC grew its position in The St. Joe Company (NYSE:JOE) by 3.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 11,061 shares of the financial services provider’s stock after buying an additional 414 shares during the period. Chicago Partners Investment Group LLC’s holdings in St. Joe were worth $628,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in JOE. Vanguard Group Inc. grew its holdings in shares of St. Joe by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 5,765,278 shares of the financial services provider’s stock valued at $334,213,000 after buying an additional 59,563 shares during the period. Raymond James & Associates grew its holdings in shares of St. Joe by 169.6% in the 2nd quarter. Raymond James & Associates now owns 89,286 shares of the financial services provider’s stock valued at $4,884,000 after buying an additional 56,171 shares during the period. Susquehanna Fundamental Investments LLC grew its holdings in shares of St. Joe by 377.3% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 24,701 shares of the financial services provider’s stock valued at $1,351,000 after buying an additional 19,526 shares during the period. SG Americas Securities LLC grew its holdings in shares of St. Joe by 493.8% in the 3rd quarter. SG Americas Securities LLC now owns 20,290 shares of the financial services provider’s stock valued at $1,183,000 after buying an additional 16,873 shares during the period. Finally, Herr Investment Group LLC acquired a new position in shares of St. Joe in the 1st quarter valued at $928,000. Institutional investors and hedge funds own 86.67% of the company’s stock.

St. Joe Price Performance

Shares of NYSE JOE opened at $51.37 on Tuesday. The firm has a market cap of $3.00 billion, a PE ratio of 43.53 and a beta of 1.27. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.85. The St. Joe Company has a 1-year low of $47.83 and a 1-year high of $64.69. The company has a fifty day moving average price of $57.73 and a 200 day moving average price of $57.32.

St. Joe Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, November 7th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Thursday, November 7th. St. Joe’s payout ratio is presently 47.46%.

Insider Buying and Selling

In related news, CEO Jorge Luis Gonzalez bought 1,695 shares of St. Joe stock in a transaction that occurred on Friday, October 25th. The stock was purchased at an average cost of $53.05 per share, with a total value of $89,919.75. Following the purchase, the chief executive officer now owns 60,093 shares in the company, valued at approximately $3,187,933.65. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other St. Joe news, major shareholder Bruce R. Berkowitz sold 80,000 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $53.14, for a total transaction of $4,251,200.00. Following the sale, the insider now directly owns 17,797,824 shares of the company’s stock, valued at $945,776,367.36. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jorge Luis Gonzalez purchased 1,695 shares of the business’s stock in a transaction on Friday, October 25th. The shares were acquired at an average cost of $53.05 per share, for a total transaction of $89,919.75. Following the completion of the transaction, the chief executive officer now directly owns 60,093 shares in the company, valued at approximately $3,187,933.65. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 242,300 shares of company stock valued at $13,967,667. Company insiders own 38.80% of the company’s stock.

St. Joe Profile

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida. It operates through three segments: Residential, Hospitality, and Commercial. The Residential segment engages in the development of communities into homesites for sale to homebuilders and on a limited basis to retail customers.