Dimensional Fund Advisors LP bought a new position in shares of Star Holdings (NASDAQ:STHO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 52,993 shares of the company's stock, valued at approximately $516,000. Dimensional Fund Advisors LP owned approximately 0.40% of Star at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in STHO. Peapod Lane Capital LLC purchased a new stake in shares of Star during the fourth quarter worth $1,419,000. Rangeley Capital LLC bought a new position in shares of Star in the fourth quarter worth $1,236,000. NewEdge Wealth LLC purchased a new stake in shares of Star in the fourth quarter worth $1,177,000. Highbridge Capital Management LLC boosted its stake in Star by 15.6% during the fourth quarter. Highbridge Capital Management LLC now owns 866,710 shares of the company's stock valued at $8,433,000 after buying an additional 116,710 shares during the period. Finally, TCW Group Inc. boosted its stake in Star by 14.2% during the fourth quarter. TCW Group Inc. now owns 441,226 shares of the company's stock valued at $4,293,000 after buying an additional 54,976 shares during the period. Hedge funds and other institutional investors own 89.31% of the company's stock.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded Star from a "strong sell" rating to a "hold" rating in a research note on Thursday.
Check Out Our Latest Stock Report on Star
Star Price Performance
NASDAQ STHO remained flat at $6.22 during trading on Thursday. The company's stock had a trading volume of 90,317 shares, compared to its average volume of 69,048. The company has a market capitalization of $82.85 million, a PE ratio of -0.95 and a beta of 1.23. 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 50 day moving average of $6.96 and a two-hundred day moving average of $8.74. Star Holdings has a fifty-two week low of $6.09 and a fifty-two week high of $14.50.
Star (NASDAQ:STHO - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported ($0.81) earnings per share for the quarter. The business had revenue of $14.62 million during the quarter. Star had a negative return on equity of 33.53% and a negative net margin of 76.57%.
About Star
(
Free Report)
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.
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