The St. Joe Company (NYSE:JOE) Shares Sold by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC reduced its position in shares of The St. Joe Company (NYSE:JOE) by 26.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,177 shares of the financial services provider’s stock after selling 2,884 shares during the period. Chicago Partners Investment Group LLC’s holdings in St. Joe were worth $360,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. State Street Corp boosted its position in St. Joe by 5.7% in the 3rd quarter. State Street Corp now owns 1,396,046 shares of the financial services provider’s stock valued at $81,403,000 after buying an additional 75,374 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of St. Joe by 2.7% in the third quarter. Geode Capital Management LLC now owns 898,637 shares of the financial services provider’s stock worth $52,409,000 after acquiring an additional 23,973 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in St. Joe by 6.6% in 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 purchasing an additional 22,187 shares during the last quarter. JPMorgan Chase & Co. grew its stake in St. Joe by 30.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 152,565 shares of the financial services provider’s stock valued at $8,896,000 after purchasing an additional 35,600 shares in the last quarter. Finally, Old West Investment Management LLC increased its holdings in St. Joe by 68.6% during the 3rd quarter. Old West Investment Management LLC now owns 127,374 shares of the financial services provider’s stock worth $7,427,000 after purchasing an additional 51,830 shares during the last quarter. 86.67% of the stock is owned by institutional investors and hedge funds.

St. Joe Stock Performance

St. Joe stock opened at $47.77 on Wednesday. The St. Joe Company has a 52 week low of $42.94 and a 52 week high of $64.69. 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 stock has a market cap of $2.79 billion, a P/E ratio of 40.48 and a beta of 1.28. The stock has a 50 day moving average of $47.02 and a 200-day moving average of $53.49.

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.