Bank of Montreal Can boosted its position in shares of St. Joe Co (NYSE:JOE) by 125.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,559 shares of the financial services provider’s stock after purchasing an additional 3,092 shares during the quarter. Bank of Montreal Can’s holdings in St. Joe were worth $104,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the stock. California Public Employees Retirement System grew its position in St. Joe by 36.4% during the 2nd quarter. California Public Employees Retirement System now owns 72,756 shares of the financial services provider’s stock valued at $1,413,000 after purchasing an additional 19,400 shares during the last quarter. Aigen Investment Management LP grew its position in St. Joe by 139.2% during the 2nd quarter. Aigen Investment Management LP now owns 29,438 shares of the financial services provider’s stock valued at $572,000 after purchasing an additional 17,133 shares during the last quarter. Cutter & CO Brokerage Inc. purchased a new stake in St. Joe during the 2nd quarter valued at about $1,170,000. PNC Financial Services Group Inc. grew its position in St. Joe by 35.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,882 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 492 shares during the last quarter. Finally, Diversified Investment Strategies LLC grew its position in St. Joe by 1.2% during the 2nd quarter. Diversified Investment Strategies LLC now owns 342,256 shares of the financial services provider’s stock valued at $6,647,000 after purchasing an additional 4,106 shares during the last quarter. 97.60% of the stock is currently owned by institutional investors.
Shares of NYSE JOE opened at $20.85 on Tuesday. The firm’s 50-day moving average price is $21.89 and its 200-day moving average price is $19.43. The company has a market cap of $1.23 billion, a PE ratio of 37.91 and a beta of 1.10. St. Joe Co has a 52-week low of $15.32 and a 52-week high of $23.47.
St. Joe (NYSE:JOE) last announced its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter. The firm had revenue of $36.10 million for the quarter. St. Joe had a net margin of 24.67% and a return on equity of 6.07%.
Separately, TheStreet raised shares of St. Joe from a “c+” rating to a “b” rating in a report on Friday, July 31st.
St. Joe Company Profile
The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida, the United States. It operates through four segments: Residential Real Estate, Hospitality, Commercial Leasing and Sales, and Forestry. The Residential Real Estate segment plans and develops residential communities of various sizes.
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