M&T Bank Corp Has $128,000 Stock Position in Star Holdings (NASDAQ:STHO)

M&T Bank Corp lowered its position in shares of Star Holdings (NASDAQ:STHO) by 9.4% in the fourth quarter, HoldingsChannel reports. The fund owned 13,199 shares of the company’s stock after selling 1,373 shares during the period. M&T Bank Corp’s holdings in Star were worth $128,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of STHO. Charles Schwab Investment Management Inc. boosted its position in 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 acquiring an additional 4,715 shares during the last quarter. FMR LLC boosted its position in Star by 81.1% during the 3rd 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. Quadrature Capital Ltd acquired a new position in Star during the 3rd quarter worth approximately $243,000. State Street Corp boosted its position in 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 acquiring an additional 9,393 shares during the last quarter. Finally, Barclays PLC boosted its holdings 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 buying an additional 12,560 shares during the last quarter. Institutional investors and hedge funds own 89.31% of the company’s stock.

Star Trading Down 1.4 %

NASDAQ STHO opened at $7.98 on Friday. The company has a market cap of $106.29 million, a PE ratio of -1.22 and a beta of 1.20. 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 $7.96 and a 12 month high of $14.50. The stock has a 50 day moving average of $8.82 and a 200-day moving average of $10.92.

Star (NASDAQ:STHO) last released 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 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.