Jane Street Group LLC Has $142,000 Stock Position in Star Holdings (NASDAQ:STHO)

Jane Street Group LLC lowered its holdings in shares of Star Holdings (NASDAQ:STHO) by 67.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,282 shares of the company’s stock after selling 21,594 shares during the period. Jane Street Group LLC owned approximately 0.08% of Star worth $142,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in STHO. Quadrature Capital Ltd acquired a new stake in Star during the third quarter worth approximately $243,000. AQR Capital Management LLC acquired a new stake in Star during the second quarter worth approximately $162,000. Angeles Wealth Management LLC acquired a new stake in Star during the third quarter worth approximately $183,000. State Street Corp grew its stake in Star by 3.5% during the third quarter. State Street Corp now owns 274,005 shares of the company’s stock worth $3,792,000 after purchasing an additional 9,393 shares during the period. Finally, EVR Research LP boosted its holdings in Star by 7.1% in the second quarter. EVR Research LP now owns 90,500 shares of the company’s stock worth $1,091,000 after acquiring an additional 6,000 shares in the last quarter. Institutional investors and hedge funds own 89.31% of the company’s stock.

Star Stock Up 1.4 %

Shares of NASDAQ:STHO opened at $8.58 on Tuesday. The business’s 50 day simple moving average is $10.47 and its two-hundred day simple moving average is $12.08. The firm has a market cap of $114.29 million, a P/E ratio of 1.40 and a beta of 1.35. The company has a debt-to-equity ratio of 0.45, a quick ratio of 9.23 and a current ratio of 9.23. Star Holdings has a 52-week low of $8.26 and a 52-week high of $14.50.

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

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.