Thrivent Financial for Lutherans raised its position in St. Joe Co (NYSE:JOE) by 87.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 27,478 shares of the financial services provider’s stock after buying an additional 12,858 shares during the period. Thrivent Financial for Lutherans’ holdings in St. Joe were worth $362,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of the business. Renaissance Technologies LLC bought a new position in shares of St. Joe during the 3rd quarter valued at approximately $729,000. ETF Managers Group LLC boosted its holdings in St. Joe by 15.8% in the 4th quarter. ETF Managers Group LLC now owns 6,916 shares of the financial services provider’s stock worth $91,000 after buying an additional 942 shares during the period. Wells Fargo & Company MN boosted its holdings in St. Joe by 1.3% in the 3rd quarter. Wells Fargo & Company MN now owns 304,739 shares of the financial services provider’s stock worth $5,120,000 after buying an additional 3,832 shares during the period. Marshall Wace LLP bought a new position in St. Joe in the 3rd quarter worth approximately $475,000. Finally, Vanguard Group Inc. boosted its holdings in St. Joe by 4.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,660,140 shares of the financial services provider’s stock worth $95,091,000 after buying an additional 248,832 shares during the period. Hedge funds and other institutional investors own 94.76% of the company’s stock.
Separately, Zacks Investment Research downgraded shares of St. Joe from a “buy” rating to a “hold” rating in a report on Thursday, March 28th.
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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, the United States. It operates through four segments: Residential Real Estate, Hospitality, Commercial Leasing and Sales, and Forestry. The Residential Real Estate segment plans and develops residential communities of various sizes.
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