TCW Group Inc. grew its position in Star Holdings (NASDAQ:STHO - Free Report) by 15.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 386,250 shares of the company's stock after buying an additional 50,800 shares during the period. TCW Group Inc. owned 2.90% of Star worth $5,346,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Star by 36.7% during the 1st quarter. Vanguard Group Inc. now owns 910,496 shares of the company's stock worth $11,764,000 after purchasing an additional 244,256 shares during the period. Acuitas Investments LLC purchased a new position in Star during the second quarter worth about $1,185,000. Cowen AND Company LLC raised its stake in shares of Star by 2,106.2% in the 2nd quarter. Cowen AND Company LLC now owns 1,319,596 shares of the company's stock valued at $15,905,000 after acquiring an additional 1,259,784 shares during the period. American Century Companies Inc. lifted its holdings in shares of Star by 16.6% in the 2nd quarter. American Century Companies Inc. now owns 13,496 shares of the company's stock worth $163,000 after acquiring an additional 1,921 shares during the last quarter. Finally, AQR Capital Management LLC purchased a new position in shares of Star during the 2nd quarter worth approximately $162,000. Institutional investors and hedge funds own 89.31% of the company's stock.
Star Trading Down 2.0 %
Star stock traded down $0.21 during trading on Thursday, hitting $10.26. The company had a trading volume of 102,363 shares, compared to its average volume of 54,644. The company has a current ratio of 9.23, a quick ratio of 9.23 and a debt-to-equity ratio of 0.45. The company's 50 day simple moving average is $12.04 and its 200-day simple moving average is $12.56. Star Holdings has a 1-year low of $10.17 and a 1-year high of $15.31. The stock has a market cap of $136.66 million, a price-to-earnings ratio of 1.67 and a beta of 1.26.
Star (NASDAQ:STHO - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The company reported ($0.42) earnings per share for the quarter. Star had a net margin of 69.55% and a return on equity of 9.84%. The firm had revenue of $24.55 million during the quarter.
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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