St. Joe (JOE) Upgraded to “B-” at TheStreet

St. Joe (NYSE:JOE) was upgraded by analysts at TheStreet from a “c” rating to a “b-” rating in a report released on Monday, TheStreetRatingsTable reports.

Separately, Zacks Investment Research raised shares of St. Joe from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Monday, March 25th.

NYSE JOE opened at $17.80 on Monday. St. Joe has a 12-month low of $12.63 and a 12-month high of $18.45. The company has a market capitalization of $1.08 billion, a PE ratio of 104.71 and a beta of 1.04.

A number of institutional investors have recently bought and sold shares of JOE. Quantamental Technologies LLC bought a new stake in St. Joe during the 4th quarter worth approximately $36,000. ETF Managers Group LLC increased its holdings in St. Joe by 15.8% during the 4th quarter. ETF Managers Group LLC now owns 6,916 shares of the financial services provider’s stock worth $91,000 after acquiring an additional 942 shares during the period. Russell Investments Group Ltd. increased its holdings in St. Joe by 192.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 9,062 shares of the financial services provider’s stock worth $152,000 after acquiring an additional 5,962 shares during the period. Metropolitan Life Insurance Co. NY increased its holdings in St. Joe by 298.5% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 12,816 shares of the financial services provider’s stock worth $169,000 after acquiring an additional 9,600 shares during the period. Finally, Citigroup Inc. increased its holdings in St. Joe by 5.8% during the 4th quarter. Citigroup Inc. now owns 13,105 shares of the financial services provider’s stock worth $173,000 after acquiring an additional 716 shares during the period. 94.76% of the stock is currently owned by institutional investors and hedge funds.

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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