Legacy Capital Group California Inc. Has $220,000 Position in The St. Joe Company (NYSE:JOE)

Legacy Capital Group California Inc. lifted its stake in The St. Joe Company (NYSE:JOE) by 12.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,899 shares of the financial services provider’s stock after acquiring an additional 540 shares during the quarter. Legacy Capital Group California Inc.’s holdings in St. Joe were worth $220,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Point72 Hong Kong Ltd acquired a new position in St. Joe in the 3rd quarter worth about $35,000. Blue Trust Inc. grew its stake in shares of St. Joe by 549.1% in the 3rd quarter. Blue Trust Inc. now owns 727 shares of the financial services provider’s stock valued at $40,000 after buying an additional 615 shares in the last quarter. US Bancorp DE increased its holdings in St. Joe by 163.6% in the third quarter. US Bancorp DE now owns 1,128 shares of the financial services provider’s stock worth $66,000 after buying an additional 700 shares during the last quarter. KBC Group NV raised its position in St. Joe by 35.8% during the third quarter. KBC Group NV now owns 1,483 shares of the financial services provider’s stock valued at $86,000 after acquiring an additional 391 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in St. Joe during the third quarter valued at approximately $237,000. 86.67% of the stock is currently owned by hedge funds and other institutional investors.

St. Joe Stock Performance

JOE stock opened at $46.42 on Friday. The firm has a 50 day moving average of $46.55 and a two-hundred day moving average of $52.33. The St. Joe Company has a 12 month low of $42.94 and a 12 month high of $64.69. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 39.34 and a beta of 1.28. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.85.

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.