St. Joe Company (The) (NYSE:JOE) Shares Purchased by Viewpoint Capital Management LLC

Viewpoint Capital Management LLC lifted its position in St. Joe Company (The) (NYSE:JOE) by 7.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,384 shares of the financial services provider’s stock after purchasing an additional 500 shares during the period. Viewpoint Capital Management LLC’s holdings in St. Joe were worth $347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its stake in shares of St. Joe by 277.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 585 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 430 shares during the period. Lazard Asset Management LLC acquired a new position in shares of St. Joe in the 4th quarter valued at $38,000. Campbell Capital Management Inc. acquired a new position in St. Joe during the fourth quarter worth $67,000. XTX Topco Ltd acquired a new position in St. Joe during the fourth quarter worth $210,000. Finally, Polymer Capital Management US LLC acquired a new position in St. Joe during the fourth quarter worth $223,000. 86.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of St. Joe from a “buy” rating to a “hold” rating in a research report on Sunday, June 8th.

St. Joe Stock Performance

NYSE:JOE opened at $49.42 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.52 and a current ratio of 1.52. The company has a fifty day moving average of $45.69 and a two-hundred day moving average of $45.71. The stock has a market capitalization of $2.88 billion, a PE ratio of 37.16 and a beta of 1.36. St. Joe Company has a fifty-two week low of $40.19 and a fifty-two week high of $64.69.

St. Joe (NYSE:JOE) last posted its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.30 earnings per share for the quarter. The company had revenue of $94.20 million during the quarter. St. Joe had a net margin of 18.99% and a return on equity of 10.62%.

St. Joe Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Tuesday, June 10th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend was Tuesday, June 10th. St. Joe’s dividend payout ratio (DPR) is 42.11%.

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. 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.