Highbridge Capital Management LLC increased its position in shares of Star Holdings (NASDAQ:STHO - Free Report) by 15.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 866,710 shares of the company's stock after purchasing an additional 116,710 shares during the quarter. Highbridge Capital Management LLC owned 6.51% of Star worth $8,433,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of STHO. Charles Schwab Investment Management Inc. increased its stake in Star by 4.8% in the third 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. 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 purchasing an additional 3,308 shares during the last quarter. Quadrature Capital Ltd acquired a new position in shares of Star during the 3rd quarter worth $243,000. State Street Corp lifted its position in shares of Star by 3.5% during the 3rd quarter. State Street Corp now owns 274,005 shares of the company's stock worth $3,792,000 after buying an additional 9,393 shares during the last quarter. Finally, Barclays PLC boosted its stake in Star by 262.7% in the third quarter. Barclays PLC now owns 17,341 shares of the company's stock valued at $240,000 after buying an additional 12,560 shares in the last quarter. 89.31% of the stock is currently owned by institutional investors and hedge funds.
Star Price Performance
NASDAQ STHO traded down $0.29 during trading on Tuesday, hitting $8.22. 38,558 shares of the company's stock were exchanged, compared to its average volume of 57,915. The stock's 50 day moving average price is $8.67 and its two-hundred day moving average price is $10.52. Star Holdings has a fifty-two week low of $7.96 and a fifty-two week high of $14.50. The company has a current ratio of 7.24, a quick ratio of 9.23 and a debt-to-equity ratio of 0.63. The company has a market cap of $109.49 million, a PE ratio of -1.25 and a beta of 1.20.
Star (NASDAQ:STHO - Get Free Report) last issued 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 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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