M&T Bank Corp Has $128,000 Holdings in Star Holdings (NASDAQ:STHO)

M&T Bank Corp cut its holdings in shares of Star Holdings (NASDAQ:STHO) by 9.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,199 shares of the company’s stock after selling 1,373 shares during the period. M&T Bank Corp owned 0.10% of Star worth $128,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in STHO. FMR LLC increased its stake in shares of Star by 81.1% in the 3rd quarter. FMR LLC now owns 7,386 shares of the company’s stock valued at $102,000 after acquiring an additional 3,308 shares during the last quarter. TCW Group Inc. increased its stake in shares of Star by 14.2% in the 4th quarter. TCW Group Inc. now owns 441,226 shares of the company’s stock valued at $4,293,000 after acquiring an additional 54,976 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Star by 123.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,613 shares of the company’s stock valued at $313,000 after acquiring an additional 12,502 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Star by 4.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 103,394 shares of the company’s stock valued at $1,431,000 after acquiring an additional 4,715 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of Star by 262.7% in the 3rd quarter. Barclays PLC now owns 17,341 shares of the company’s stock valued at $240,000 after acquiring an additional 12,560 shares during the last quarter. 89.31% of the stock is currently owned by institutional investors and hedge funds.

Star Stock Performance

Shares of STHO stock opened at $7.98 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 7.24 and a quick ratio of 9.23. The stock has a market cap of $106.29 million, a PE ratio of -1.22 and a beta of 1.20. The stock has a 50-day moving average of $8.82 and a 200-day moving average of $10.92. Star Holdings has a one year low of $7.96 and a one year high of $14.50.

Star (NASDAQ:STHO) last announced its quarterly earnings results on Tuesday, February 18th. The company reported ($7.70) EPS for the quarter. Star had a negative net margin of 76.57% and a negative return on equity of 33.53%. The company had revenue of $32.76 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.