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

Byrne Asset Management LLC lowered its position in shares of The St. Joe Company (NYSE:JOE) by 12.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. 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 large investors have also recently bought and sold shares of JOE. RMR Capital Management LLC boosted its position in shares of St. Joe by 7.5% during the 4th quarter. RMR Capital Management LLC now owns 43,584 shares of the financial services provider’s stock valued at $1,958,000 after purchasing an additional 3,058 shares in the last quarter. Accordant Advisory Group Inc boosted its holdings in shares of St. Joe by 80.8% during the 4th quarter. Accordant Advisory Group Inc now owns 52,227 shares of the financial services provider’s stock worth $2,347,000 after buying an additional 23,333 shares in the last quarter. KBC Group NV grew its position in shares of St. Joe by 38.8% during the 4th quarter. KBC Group NV now owns 2,059 shares of the financial services provider’s stock worth $93,000 after buying an additional 576 shares during the period. Inspire Investing LLC increased its stake in shares of St. Joe by 45.1% in the 4th quarter. Inspire Investing LLC now owns 10,212 shares of the financial services provider’s stock valued at $459,000 after acquiring an additional 3,176 shares in the last quarter. Finally, Annex Advisory Services LLC lifted its position in shares of St. Joe by 49.7% during the 4th quarter. Annex Advisory Services LLC now owns 42,656 shares of the financial services provider’s stock valued at $1,917,000 after acquiring an additional 14,155 shares during the period. 86.67% of the stock is currently owned by institutional investors and hedge funds.

St. Joe Trading Down 1.3 %

JOE opened at $46.86 on Friday. The company has a fifty day moving average price of $46.80 and a two-hundred day moving average price of $53.31. The St. Joe Company has a 1-year low of $42.94 and a 1-year high of $64.69. The company has a market cap of $2.74 billion, a P/E ratio of 39.71 and a beta of 1.28. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.85.

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.