Notable Price Action: St. Joe Co Stock Price Increases Today

Notable Price Action: St. Joe Co Stock Price Increases Today

The stock of St. Joe Co (NYSE:JOE) is a huge mover today! About 161,581 shares traded hands. St. Joe Co (NYSE:JOE) has risen 11.02% since April 20, 2016 and is uptrending. It has outperformed by 6.46% the S&P500.
The move comes after 7 months positive chart setup for the $1.51B company. It was reported on Nov, 22 by Barchart.com. We have $22.13 PT which if reached, will make NYSE:JOE worth $135.90 million more.

According to Zacks Investment Research, “St. Joe Company is one of the Southeast’s largest real estate operating companies. St. Joe provides a broad range of real estate services to meet both residential and commercial real estate needs. The company is one of the few real estate operating companies to have assembled the range of real estate, financial, marketing and regulatory expertise to take a large-scale approach to real estate development and services.”

Insitutional Activity: The institutional sentiment increased to 0.81 in Q2 2016. Its up 0.29, from 0.52 in 2016Q1. The ratio improved, as 15 funds sold all St. Joe Co shares owned while 41 reduced positions. 5 funds bought stakes while 24 increased positions. They now own 70.34 million shares or 1.26% less from 71.24 million shares in 2016Q1.
Morgan Stanley has invested 0% of its portfolio in St. Joe Co (NYSE:JOE). Citadel Advsrs Limited Liability has invested 0% of its portfolio in St. Joe Co (NYSE:JOE). Weaver C Barksdale And Associate Incorporated accumulated 0% or 140 shares. Lesa Sroufe Company owns 114,093 shares or 1.77% of their US portfolio. Royal Comml Bank Of Canada accumulated 13,976 shares or 0% of the stock. Taube Hodson Stonex Prtnrs Llp has 6.71% invested in the company for 1.85M shares. Savings Bank Of Montreal Can holds 122,020 shares or 0% of its portfolio. Teacher Retirement Systems Of Texas has invested 0% of its portfolio in St. Joe Co (NYSE:JOE). M Securities Inc, a Oregon-based fund reported 18,321 shares. Geode Lc has 480,112 shares for 0% of their US portfolio. Panagora Asset Mgmt holds 7,001 shares or 0% of its portfolio. Voya Inv Limited Liability, a Georgia-based fund reported 23,683 shares. Bnp Paribas Arbitrage Sa holds 2,252 shares or 0% of its portfolio. Bank Of America De last reported 0% of its portfolio in the stock. Moreover, Karpas Strategies Lc has 0.13% invested in St. Joe Co (NYSE:JOE) for 14,850 shares.

JOE Company Profile

The St. Joe Company, incorporated on May 26, 1936, is a real estate development, asset management and operating company. The Firm owns land concentrated primarily between Tallahassee and Destin, Florida, which it uses for a range of residential or commercial real estate developments, resorts and leisure operations, leasing activities and forestry operations. The Firm has residential and commercial land-use entitlements in hand or in process. The Firm operates through five divisions: residential real estate; commercial real estate; resorts and leisure; leasing operations, and forestry.

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