Byrne Asset Management LLC Has $168,000 Stock Position in The St. Joe Company (NYSE:JOE)

Byrne Asset Management LLC decreased its holdings in The St. Joe Company (NYSE:JOE) by 12.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 3,745 shares of the financial services provider’s stock after selling 515 shares during the quarter. Byrne Asset Management LLC’s holdings in St. Joe were worth $168,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in JOE. Point72 Hong Kong Ltd purchased a new position in shares of St. Joe during the third quarter valued at approximately $35,000. Blue Trust Inc. boosted its holdings in St. Joe by 549.1% during the 3rd quarter. Blue Trust Inc. now owns 727 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 615 shares during the last quarter. US Bancorp DE grew its stake in shares of St. Joe by 163.6% in the 3rd quarter. US Bancorp DE now owns 1,128 shares of the financial services provider’s stock worth $66,000 after acquiring an additional 700 shares in the last quarter. KBC Group NV raised its holdings in shares of St. Joe by 35.8% in the third quarter. KBC Group NV now owns 1,483 shares of the financial services provider’s stock valued at $86,000 after purchasing an additional 391 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of St. Joe by 39.8% during the third quarter. GAMMA Investing LLC now owns 1,693 shares of the financial services provider’s stock valued at $99,000 after purchasing an additional 482 shares in the last quarter. Institutional investors and hedge funds own 86.67% of the company’s stock.

St. Joe Trading Down 1.3 %

Shares of JOE stock opened at $46.86 on Friday. The St. Joe Company has a 52-week low of $42.94 and a 52-week high of $64.69. The company has a 50-day simple moving average of $46.80 and a two-hundred day simple moving average of $53.31. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 39.71 and a beta of 1.28.

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.