Marketfield Asset Management Llc decreased its stake in St Joe Co (JOE) by 9.46% based on its latest 2018Q1 regulatory filing with the SEC. Marketfield Asset Management Llc sold 19,681 shares as the company’s stock declined 0.82% with the market. The institutional investor held 188,327 shares of the homebuilding company at the end of 2018Q1, valued at $3.55 million, down from 208,008 at the end of the previous reported quarter. Marketfield Asset Management Llc who had been investing in St Joe Co for a number of months, seems to be less bullish one the $1.16 billion market cap company. It closed at $18 lastly. It is down 3.14% since June 15, 2017 and is uptrending. It has underperformed by 9.43% the S&P500. Some Historical JOE News: 09/05/2018 – ST. JOE CO – CO, KEY INTERNATIONAL INC ANNOUNCED INTENT TO PURSUE FORMATION OF A JV TO DEVELOP A NEW RESORT HOTEL IN PANAMA CITY BEACH; 24/04/2018 – FAIRHOLME SAYS NO NEED TO CUT ST. JOE STAKE TO COMPLY WITH SEC; 16/05/2018 – Minto Communities, Margaritaville Holdings and The St. Joe Company Announce Plans for the Next LATITUDE MARGARITAVILLE Location in the Panhandle of Florida; 10/03/2018 WV MetroSources: Wheeling Central dethrones St. Joe for third girls basketball title; 09/05/2018 – The St. Joe Company and Key International Announce Plans for a Joint Venture; 25/04/2018 – St Joe Co 1Q EPS 1c; 15/05/2018 – FAIRHOLME REDUCED SRG, SHLD, JOE IN 1Q: 13F; 04/04/2018 – St Joe Closes Above 200-Day Moving Average: Technicals; 24/04/2018 – $JOE’s largest shareholder is failing and must comply with new SEC rules that limit holdings of illiquid stocks. JOE represents 25%+ of Fairholme Funds. That needs to be cut to 15% by Dec 1. 2/8; 24/04/2018 – Most of its land near the beach and close to Highway 30A has already been monetized. The acres remaining are remote, desolate, comprised of swamp and forest. $JOE not cheap on per-acre basis after you factor in size/illiquidity
Mathes Company Inc increased its stake in Illinois Tool Wks Inc. (ITW) by 112.2% based on its latest 2018Q1 regulatory filing with the SEC. Mathes Company Inc bought 6,687 shares as the company’s stock declined 10.89% with the market. The institutional investor held 12,647 shares of the industrial machinery and components company at the end of 2018Q1, valued at $1.98 million, up from 5,960 at the end of the previous reported quarter. Mathes Company Inc who had been investing in Illinois Tool Wks Inc. for a number of months, seems to be bullish on the $49.89B market cap company. The stock decreased 1.10% or $1.635 during the last trading session, reaching $147.255. About 326,988 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 4.93% since June 15, 2017 and is uptrending. It has underperformed by 7.64% the S&P500. Some Historical ITW News: 21/05/2018 – WINTON REDUCED APD, FB, ITW, GOOGL, MMM IN 1Q: 13F; 26/04/2018 – Illinois Tool Works 1Q Rev $3.74B; 08/05/2018 – Illinois Tool Presenting at Deutsche Bank Conference Jun 7; 26/04/2018 – ILLINOIS TOOL 1Q OPER REV. $3.74B, EST. $3.70B; 26/04/2018 – ITW RAISES GUIDANCE FOR 2018; 09/03/2018 – Illinois Tool Closes Above 50-Day Moving Average: Technicals; 07/05/2018 – ITW Announces Upcoming Investor Conferences; 26/04/2018 – Illinois Tool Works Sees 2018 Effective Tax Rate of About 25%; 26/04/2018 – ILLINOIS TOOL 1Q EPS $1.90; 26/04/2018 – ILLINOIS TOOL WORKS INC ITW.N FY2018 SHR VIEW $7.70 — THOMSON REUTERS l/B/E/S
Mathes Company Inc, which manages about $240.09 million and $214.14 million US Long portfolio, decreased its stake in Servicenow Inc. (NYSE:NOW) by 3,425 shares to 30,520 shares, valued at $5.05M in 2018Q1, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 4,735 shares in the quarter, leaving it with 55,523 shares, and cut its stake in Deere & Co (NYSE:DE).
Another recent and important Illinois Tool Works Inc. (NYSE:ITW) news was published by Seekingalpha.com which published an article titled: “AT&T Is A Buy – Cramer’s Lightning Round (6/6/18)” on June 07, 2018.
Since January 26, 2018, it had 0 insider purchases, and 1 sale for $3.32 million activity.
Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.21, from 0.9 in 2017Q4. It turned negative, as 53 investors sold ITW shares while 419 reduced holdings. 87 funds opened positions while 239 raised stakes. 229.17 million shares or 0.03% more from 229.09 million shares in 2017Q4 were reported. Ameritas Partners owns 10,014 shares. Gateway Inv Advisers Ltd Liability holds 17,557 shares or 0.02% of its portfolio. Barrett Asset Lc holds 4,500 shares or 0.05% of its portfolio. Raymond James Trust Na stated it has 14,910 shares. Regions Fincl Corporation reported 106,882 shares. Checchi Cap Advisers Lc accumulated 3,752 shares. Tiaa Cref Inv Management Limited holds 0.08% or 798,169 shares in its portfolio. Bancorp Of Hawaii holds 18,295 shares or 0.24% of its portfolio. Tuttle Tactical Management holds 0.32% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 2,576 shares. Shell Asset Mgmt holds 41,952 shares. Pinnacle Fincl Prtnrs stated it has 0.04% in Illinois Tool Works Inc. (NYSE:ITW). Wells Fargo & Mn holds 0.41% or 8.86 million shares. Barr E S Comm invested in 0.04% or 2,176 shares. Oak Ridge Lc has invested 0.86% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). State Of Tennessee Treasury Department has 146,655 shares for 0.12% of their portfolio.
Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Illinois Tool Works Inc had 90 analyst reports since July 24, 2015 according to SRatingsIntel. As per Thursday, January 21, the company rating was initiated by Citigroup. The firm has “Hold” rating given on Friday, April 27 by Stifel Nicolaus. The rating was maintained by Jefferies with “Buy” on Wednesday, January 24. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Hold” rating by Robert W. Baird on Monday, October 23. Jefferies maintained it with “Buy” rating and $170.0 target in Monday, September 11 report. Jefferies maintained the stock with “Buy” rating in Friday, October 20 report. The rating was maintained by Credit Suisse on Tuesday, October 24 with “Neutral”. The stock of Illinois Tool Works Inc. (NYSE:ITW) has “Hold” rating given on Friday, October 13 by Robert W. Baird. Morgan Stanley maintained Illinois Tool Works Inc. (NYSE:ITW) on Tuesday, July 25 with “Equal-Weight” rating. Goldman Sachs upgraded Illinois Tool Works Inc. (NYSE:ITW) rating on Tuesday, April 10. Goldman Sachs has “Buy” rating and $17700 target.
Investors sentiment decreased to 1.26 in Q1 2018. Its down 0.36, from 1.62 in 2017Q4. It dropped, as 10 investors sold JOE shares while 32 reduced holdings. 17 funds opened positions while 36 raised stakes. 60.33 million shares or 1.74% less from 61.40 million shares in 2017Q4 were reported. Price T Rowe Associate Md owns 2.90 million shares for 0.01% of their portfolio. Teacher Retirement Of Texas accumulated 10,276 shares or 0% of the stock. Vanguard Grp Incorporated has invested 0% in The St. Joe Company (NYSE:JOE). The Nebraska-based Lawson Kroeker Investment Mngmt Inc Ne has invested 0.16% in The St. Joe Company (NYSE:JOE). First Foundation Advisors holds 128,146 shares. 23,650 were reported by Holt Ltd Dba Holt L P. Gamco Et Al owns 1.56M shares. Parametric Port Associate Ltd Limited Liability Company holds 0% of its portfolio in The St. Joe Company (NYSE:JOE) for 57,183 shares. 1,185 are owned by Peak6 L P. Jane Street Grp Inc Ltd Company reported 23,829 shares. St Johns Investment Mngmt Communication Llc, a Florida-based fund reported 100 shares. Barclays Pcl invested in 0% or 77,650 shares. 44,605 are owned by Bluecrest Capital Limited. Rhumbline Advisers owns 50,233 shares. Amer Int Grp Inc accumulated 28,372 shares.
Analysts await The St. Joe Company (NYSE:JOE) to report earnings on August, 2. They expect $0.05 EPS, down 66.67% or $0.10 from last year’s $0.15 per share. JOE’s profit will be $3.23 million for 90.00 P/E if the $0.05 EPS becomes a reality. After $0.01 actual EPS reported by The St. Joe Company for the previous quarter, Wall Street now forecasts 400.00% EPS growth.
More news for The St. Joe Company (NYSE:JOE) were recently published by: Seekingalpha.com, which released: “St. Joe Is A Long-Term Value Investor’s Dream” on June 13, 2018. Seekingalpha.com‘s article titled: “The Dangers Of Portfolio Concentration” and published on May 26, 2018 is yet another important article.
Marketfield Asset Management Llc, which manages about $9.70B and $347.15 million US Long portfolio, upped its stake in 3M Co (NYSE:MMM) by 2,541 shares to 51,217 shares, valued at $11.24 million in 2018Q1, according to the filing. It also increased its holding in Lennar Corp (NYSE:LEN) by 9,520 shares in the quarter, for a total of 131,120 shares, and has risen its stake in Walmart Inc (NYSE:WMT).
Since March 6, 2018, it had 14 insider purchases, and 0 insider sales for $2.06 million activity. ALVAREZ CESAR L bought 3,300 shares worth $62,695. 588 shares were bought by Bakun Marek, worth $9,873 on Friday, April 27. On Thursday, March 15 Borick Kenneth bought $60,008 worth of The St. Joe Company (NYSE:JOE) or 3,106 shares. 5,300 shares valued at $102,820 were bought by FAIRHOLME CAPITAL MANAGEMENT LLC on Thursday, March 15. 1,812 shares were bought by Murphy Patrick Wayne, worth $35,008 on Thursday, March 15. $175,000 worth of The St. Joe Company (NYSE:JOE) was bought by FRANK HOWARD S on Wednesday, May 2.