EVR Research LP Boosts Holdings in Star Holdings (NASDAQ:STHO)

EVR Research LP grew its stake in shares of Star Holdings (NASDAQ:STHO) by 7.4% in the fourth quarter, HoldingsChannel reports. The fund owned 100,000 shares of the company’s stock after buying an additional 6,922 shares during the quarter. EVR Research LP’s holdings in Star were worth $973,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of STHO. Charles Schwab Investment Management Inc. increased its holdings in shares of Star by 4.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 103,394 shares of the company’s stock worth $1,431,000 after buying an additional 4,715 shares during the last quarter. FMR LLC increased its stake in Star by 81.1% during the third quarter. FMR LLC now owns 7,386 shares of the company’s stock worth $102,000 after acquiring an additional 3,308 shares during the last quarter. State Street Corp raised its holdings in shares of Star by 3.5% in the 3rd quarter. State Street Corp now owns 274,005 shares of the company’s stock worth $3,792,000 after purchasing an additional 9,393 shares during the period. Barclays PLC lifted its stake in shares of Star by 262.7% in the 3rd quarter. Barclays PLC now owns 17,341 shares of the company’s stock valued at $240,000 after purchasing an additional 12,560 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Star by 123.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,613 shares of the company’s stock worth $313,000 after purchasing an additional 12,502 shares during the period. 89.31% of the stock is currently owned by hedge funds and other institutional investors.

Star Stock Up 1.9 %

STHO opened at $6.53 on Friday. The company has a market cap of $86.98 million, a PE ratio of -1.00 and a beta of 1.13. The company has a debt-to-equity ratio of 0.63, a quick ratio of 9.23 and a current ratio of 7.24. Star Holdings has a 1 year low of $6.09 and a 1 year high of $14.50. The firm has a 50 day moving average price of $8.28 and a 200 day moving average price of $10.04.

Star (NASDAQ:STHO) last issued its earnings results on Tuesday, February 18th. The company reported ($7.70) EPS for the quarter. Star had a negative net margin of 76.57% and a negative return on equity of 33.53%. The business had revenue of $32.76 million during the quarter.

Star Company Profile

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.