Howard Financial Services LTD. Has $263,000 Stock Position in Star Holdings (NASDAQ:STHO)

Howard Financial Services LTD. lifted its position in shares of Star Holdings (NASDAQ:STHO) by 18.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,000 shares of the company’s stock after purchasing an additional 3,000 shares during the quarter. Howard Financial Services LTD. owned approximately 0.14% of Star worth $263,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of STHO. Orchard Capital Management LLC acquired a new stake in Star during the fourth quarter valued at approximately $2,786,000. Vanguard Group Inc. boosted its position in Star by 36.7% in the first quarter. Vanguard Group Inc. now owns 910,496 shares of the company’s stock valued at $11,764,000 after buying an additional 244,256 shares in the last quarter. Cowen AND Company LLC grew its stake in Star by 2,106.2% during the second quarter. Cowen AND Company LLC now owns 1,319,596 shares of the company’s stock worth $15,905,000 after buying an additional 1,259,784 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Star by 16.6% during the second quarter. American Century Companies Inc. now owns 13,496 shares of the company’s stock worth $163,000 after buying an additional 1,921 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new position in shares of Star in the first quarter valued at approximately $456,000. Institutional investors and hedge funds own 89.31% of the company’s stock.

Star Stock Up 0.2 %

Shares of STHO opened at $13.02 on Wednesday. The business’s 50 day simple moving average is $13.22 and its 200-day simple moving average is $12.76. Star Holdings has a one year low of $10.76 and a one year high of $15.31. The company has a market capitalization of $173.43 million, a P/E ratio of -1.12 and a beta of 1.47. The company has a debt-to-equity ratio of 0.55, a current ratio of 7.26 and a quick ratio of 7.26.

Star (NASDAQ:STHO) last issued its quarterly earnings results on Tuesday, August 6th. The company reported ($0.71) earnings per share (EPS) for the quarter. The company had revenue of $30.55 million for the quarter. Star had a negative return on equity of 9.50% and a negative net margin of 67.12%.

Star Company Profile

Star Holdings engages in the non-ground lease related commercial real estate businesses in the United States. Its portfolio primarily comprises interest in the Asbury Park Waterfront and Magnolia Green residential development projects. Star Holdings is based in New York, New York.