Star Holdings (NASDAQ:STHO) Shares Acquired by State Street Corp

State Street Corp lifted its stake in Star Holdings (NASDAQ:STHO) by 3.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 274,005 shares of the company’s stock after buying an additional 9,393 shares during the quarter. State Street Corp owned approximately 2.06% of Star worth $3,792,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC grew its stake in shares of Star by 81.1% during the 3rd quarter. FMR LLC now owns 7,386 shares of the company’s stock worth $102,000 after purchasing an additional 3,308 shares during the period. Cowen AND Company LLC grew its position 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 valued at $15,905,000 after buying an additional 1,259,784 shares during the period. American Century Companies Inc. grew its position in Star by 16.6% during the second quarter. American Century Companies Inc. now owns 13,496 shares of the company’s stock valued at $163,000 after buying an additional 1,921 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Star by 4.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 103,394 shares of the company’s stock valued at $1,431,000 after buying an additional 4,715 shares in the last quarter. Finally, Acuitas Investments LLC acquired a new position in shares of Star in the second quarter worth about $1,185,000. 89.31% of the stock is owned by institutional investors and hedge funds.

Star Price Performance

Shares of Star stock opened at $9.33 on Tuesday. The firm has a market cap of $124.28 million, a PE ratio of 1.52 and a beta of 1.25. The business has a 50-day moving average price of $11.27 and a 200 day moving average price of $12.31. The company has a quick ratio of 9.23, a current ratio of 9.23 and a debt-to-equity ratio of 0.45. Star Holdings has a twelve month low of $9.17 and a twelve month high of $15.31.

Star (NASDAQ:STHO) last posted its quarterly earnings data on Tuesday, November 5th. The company reported ($0.42) EPS for the quarter. Star had a net margin of 69.55% and a return on equity of 9.84%. The business had revenue of $24.55 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.