The St. Joe Company (NYSE:JOE) is Intrinsic Value Partners LLC’s 4th Largest Position

Intrinsic Value Partners LLC lowered its holdings in The St. Joe Company (NYSE:JOE) by 8.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 112,215 shares of the financial services provider’s stock after selling 10,627 shares during the period. St. Joe makes up 5.1% of Intrinsic Value Partners LLC’s portfolio, making the stock its 4th biggest position. Intrinsic Value Partners LLC owned about 0.19% of St. Joe worth $5,042,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of JOE. Nations Financial Group Inc. IA ADV increased its stake in shares of St. Joe by 308.9% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 22,900 shares of the financial services provider’s stock worth $1,029,000 after acquiring an additional 17,300 shares during the last quarter. RMR Capital Management LLC increased its stake in shares of St. Joe by 7.5% in the fourth quarter. RMR Capital Management LLC now owns 43,584 shares of the financial services provider’s stock worth $1,958,000 after acquiring an additional 3,058 shares during the last quarter. Accordant Advisory Group Inc increased its stake in shares of St. Joe by 80.8% in the fourth quarter. Accordant Advisory Group Inc now owns 52,227 shares of the financial services provider’s stock worth $2,347,000 after acquiring an additional 23,333 shares during the last quarter. KBC Group NV increased its stake in shares of St. Joe by 38.8% in the fourth quarter. KBC Group NV now owns 2,059 shares of the financial services provider’s stock worth $93,000 after acquiring an additional 576 shares during the last quarter. Finally, Inspire Investing LLC increased its stake in shares of St. Joe by 45.1% in the fourth quarter. Inspire Investing LLC now owns 10,212 shares of the financial services provider’s stock worth $459,000 after acquiring an additional 3,176 shares during the last quarter. Hedge funds and other institutional investors own 86.67% of the company’s stock.

St. Joe Trading Up 0.6 %

NYSE JOE opened at $47.82 on Friday. The St. Joe Company has a 1-year low of $42.94 and a 1-year 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 company has a market capitalization of $2.79 billion, a PE ratio of 40.52 and a beta of 1.28. The firm’s fifty day simple moving average is $46.56 and its 200-day simple moving average is $52.76.

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.