Foursixthree Capital LP purchased a new position in shares of Star Holdings (NASDAQ:STHO - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 946,296 shares of the company's stock, valued at approximately $9,207,000. Star accounts for 3.2% of Foursixthree Capital LP's investment portfolio, making the stock its 6th biggest holding. Foursixthree Capital LP owned about 7.10% of Star as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Northern Trust Corp lifted its position in shares of Star by 4.7% during the fourth quarter. Northern Trust Corp now owns 111,810 shares of the company's stock worth $1,088,000 after purchasing an additional 5,020 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in Star by 196.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,658 shares of the company's stock valued at $26,000 after buying an additional 1,761 shares during the period. Dimensional Fund Advisors LP acquired a new position in shares of Star in the fourth quarter worth $516,000. Marshall Wace LLP purchased a new stake in shares of Star during the fourth quarter worth $358,000. Finally, Barclays PLC raised its stake in shares of Star by 14.4% in the fourth quarter. Barclays PLC now owns 19,839 shares of the company's stock valued at $194,000 after acquiring an additional 2,498 shares in the last quarter. 89.31% of the stock is owned by institutional investors and hedge funds.
Star Stock Down 3.9 %
NASDAQ:STHO traded down $0.26 during midday trading on Tuesday, reaching $6.26. The company had a trading volume of 44,085 shares, compared to its average volume of 64,555. The stock's fifty day simple moving average is $7.58 and its 200-day simple moving average is $9.27. The company has a current ratio of 7.24, a quick ratio of 9.23 and a debt-to-equity ratio of 0.63. Star Holdings has a 12-month low of $6.09 and a 12-month high of $14.50. The firm has a market capitalization of $83.32 million, a price-to-earnings ratio of -0.95 and a beta of 1.23.
Star (NASDAQ:STHO - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported ($7.70) EPS for the quarter. The company had revenue of $32.76 million for 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.
Featured Articles
Before you consider Star, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Star wasn't on the list.
While Star currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
