24,600 Shares in The St. Joe Company (NYSE:JOE) Acquired by Rye Brook Capital LLC

Rye Brook Capital LLC acquired a new stake in shares of The St. Joe Company (NYSE:JOE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,600 shares of the financial services provider’s stock, valued at approximately $1,105,000. St. Joe makes up approximately 1.3% of Rye Brook Capital LLC’s portfolio, making the stock its 19th biggest position.

Other hedge funds have also bought and sold shares of the company. Point72 Hong Kong Ltd bought a new position in shares of St. Joe in the third quarter valued at $35,000. Blue Trust Inc. boosted its stake in St. Joe by 549.1% during the 3rd quarter. Blue Trust Inc. now owns 727 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 615 shares during the last quarter. US Bancorp DE raised its stake in shares of St. Joe by 163.6% in the third quarter. US Bancorp DE now owns 1,128 shares of the financial services provider’s stock worth $66,000 after purchasing an additional 700 shares during the last quarter. KBC Group NV lifted 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 in the last quarter. Finally, Quadrature Capital Ltd purchased a new position in shares of St. Joe during the third quarter valued at approximately $237,000. Institutional investors and hedge funds own 86.67% of the company’s stock.

St. Joe Stock Performance

NYSE JOE opened at $47.99 on Wednesday. The company has a fifty day moving average price of $46.55 and a 200-day moving average price of $52.47. The firm has a market cap of $2.80 billion, a price-to-earnings ratio of 40.67 and a beta of 1.28. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.34 and a quick ratio of 1.34. The St. Joe Company has a 1 year low of $42.94 and a 1 year high of $64.69.

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.