Marshall Wace LLP 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 36,794 shares of the company's stock, valued at approximately $358,000. Marshall Wace LLP owned 0.28% of Star at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its position in shares of Star by 298.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,453 shares of the company's stock worth $43,000 after buying an additional 3,335 shares during the period. Russell Investments Group Ltd. boosted its holdings in Star by 725.2% during the 4th quarter. Russell Investments Group Ltd. now owns 5,562 shares of the company's stock valued at $54,000 after acquiring an additional 4,888 shares during the period. Wells Fargo & Company MN boosted its holdings in Star by 18.9% during the 4th quarter. Wells Fargo & Company MN now owns 9,413 shares of the company's stock valued at $92,000 after acquiring an additional 1,494 shares during the period. Tilson Financial Group Inc. acquired a new position in Star in the 4th quarter valued at about $132,000. Finally, Norges Bank purchased a new stake in Star during the fourth quarter worth about $189,000. 89.31% of the stock is owned by institutional investors and hedge funds.
Star Stock Down 0.8 %
Shares of NASDAQ STHO traded down $0.05 during midday trading on Friday, hitting $6.50. The company's stock had a trading volume of 99,038 shares, compared to its average volume of 66,122. 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 firm has a market capitalization of $86.58 million, a price-to-earnings ratio of -1.00 and a beta of 1.23. The business's fifty day simple moving average is $7.37 and its two-hundred day simple moving average is $9.11. Star Holdings has a 1 year low of $6.09 and a 1 year high of $14.50.
Star (NASDAQ:STHO - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported ($7.70) EPS for the quarter. The business had revenue of $32.76 million during the quarter. Star had a negative net margin of 76.57% and a negative return on equity of 33.53%.
Star Profile
(
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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