Rhumbline Advisers lowered its holdings in Star Holdings (NASDAQ:STHO – Free Report) by 4.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,692 shares of the company’s stock after selling 955 shares during the period. Rhumbline Advisers’ holdings in Star were worth $237,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in STHO. Vanguard Group Inc. raised its stake in Star by 36.7% in the 1st quarter. Vanguard Group Inc. now owns 910,496 shares of the company’s stock valued at $11,764,000 after acquiring an additional 244,256 shares during the period. Orchard Capital Management LLC bought a new stake in shares of Star during the 4th quarter valued at about $2,786,000. Ursa Fund Management LLC increased its holdings in shares of Star by 28.4% in the 1st quarter. Ursa Fund Management LLC now owns 372,337 shares of the company’s stock worth $4,811,000 after buying an additional 82,337 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Star by 23.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 342,755 shares of the company’s stock worth $5,134,000 after purchasing an additional 64,569 shares during the last quarter. Finally, Corsair Capital Management L.P. bought a new position in Star during the fourth quarter valued at approximately $824,000. 89.31% of the stock is currently owned by hedge funds and other institutional investors.
Star Stock Performance
Star stock opened at $13.80 on Friday. The company has a quick ratio of 7.26, a current ratio of 7.26 and a debt-to-equity ratio of 0.55. The firm has a fifty day simple moving average of $13.21 and a two-hundred day simple moving average of $12.71. The company has a market capitalization of $183.82 million, a PE ratio of -1.19 and a beta of 1.47. Star Holdings has a twelve month low of $10.76 and a twelve month high of $15.31.
About Star
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.
Featured Stories
- Five stocks we like better than Star
- 3 Warren Buffett Stocks to Buy Now
- CarMax’s Impressive Rally: What Investors Should Watch Next
- How to Calculate Retirement Income: MarketBeat’s Calculator
- MarketBeat Week in Review – 9/23 – 9/27
- Top Stocks Investing in 5G Technology
- Wake Up to This Biotech Stock That Still Has Big Potential Upside
Want to see what other hedge funds are holding STHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Star Holdings (NASDAQ:STHO – Free Report).
Receive News & Ratings for Star Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Star and related companies with MarketBeat.com's FREE daily email newsletter.