The St. Joe Company (NYSE:JOE) Shares Purchased by Accordant Advisory Group Inc

Accordant Advisory Group Inc boosted its stake in The St. Joe Company (NYSE:JOE) by 80.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,227 shares of the financial services provider’s stock after buying an additional 23,333 shares during the period. St. Joe accounts for approximately 2.3% of Accordant Advisory Group Inc’s investment portfolio, making the stock its 13th largest holding. Accordant Advisory Group Inc owned 0.09% of St. Joe worth $2,347,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp grew its stake in shares of St. Joe by 5.7% in the third quarter. State Street Corp now owns 1,396,046 shares of the financial services provider’s stock worth $81,403,000 after purchasing an additional 75,374 shares in the last quarter. Geode Capital Management LLC boosted its stake in St. Joe by 2.7% during the third quarter. Geode Capital Management LLC now owns 898,637 shares of the financial services provider’s stock valued at $52,409,000 after buying an additional 23,973 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in St. Joe by 6.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 357,655 shares of the financial services provider’s stock valued at $20,855,000 after buying an additional 22,187 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in St. Joe by 30.4% during the third quarter. JPMorgan Chase & Co. now owns 152,565 shares of the financial services provider’s stock valued at $8,896,000 after buying an additional 35,600 shares in the last quarter. Finally, Old West Investment Management LLC boosted its stake in St. Joe by 68.6% during the third quarter. Old West Investment Management LLC now owns 127,374 shares of the financial services provider’s stock valued at $7,427,000 after buying an additional 51,830 shares in the last quarter. 86.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity at St. Joe

In related news, major shareholder Bruce R. Berkowitz sold 15,000 shares of St. Joe stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $50.89, for a total value of $763,350.00. Following the transaction, the insider now owns 17,770,024 shares of the company’s stock, valued at approximately $904,316,521.36. This trade represents a 0.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 38.80% of the company’s stock.

St. Joe Trading Down 0.7 %

Shares of JOE stock opened at $49.12 on Wednesday. The stock has a 50-day simple moving average of $47.27 and a 200 day simple moving average of $53.93. The St. Joe Company has a fifty-two week low of $42.94 and a fifty-two week high of $64.69. The stock has a market capitalization of $2.87 billion, a P/E ratio of 41.63 and a beta of 1.27. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.85.

About St. Joe

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.