AQR Capital Management LLC Acquires Shares of 13,418 Star Holdings (NASDAQ:STHO)

AQR Capital Management LLC acquired a new stake in shares of Star Holdings (NASDAQ:STHO) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 13,418 shares of the company’s stock, valued at approximately $162,000. AQR Capital Management LLC owned about 0.10% of Star at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bluefin Capital Management LLC lifted its position in shares of Star by 0.4% in the 1st quarter. Bluefin Capital Management LLC now owns 347,207 shares of the company’s stock worth $4,486,000 after buying an additional 1,269 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Star by 16.6% in the 2nd quarter. American Century Companies Inc. now owns 13,496 shares of the company’s stock worth $163,000 after acquiring an additional 1,921 shares during the period. TCW Group Inc. increased its holdings in shares of Star by 2.2% in the 2nd quarter. TCW Group Inc. now owns 335,450 shares of the company’s stock worth $4,046,000 after acquiring an additional 7,100 shares during the period. Howard Financial Services LTD. acquired a new stake in shares of Star in the 1st quarter worth about $245,000. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of Star in the 1st quarter worth about $456,000. 89.31% of the stock is currently owned by institutional investors.

Star Stock Down 0.3 %

STHO stock opened at $13.16 on Friday. The company has a quick ratio of 7.26, a current ratio of 7.26 and a debt-to-equity ratio of 0.55. Star Holdings has a fifty-two week low of $10.76 and a fifty-two week high of $15.31. The firm’s 50-day simple moving average is $13.31 and its 200 day simple moving average is $12.78. The stock has a market cap of $175.29 million, a PE ratio of -1.91 and a beta of 1.47.

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

Star 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.