Fmr LLC Has $102,000 Stake in Star Holdings (NASDAQ:STHO)

Fmr LLC boosted its holdings in Star Holdings (NASDAQ:STHO) by 81.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,386 shares of the company’s stock after purchasing an additional 3,308 shares during the period. Fmr LLC’s holdings in Star were worth $102,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new stake in shares of Star in the second quarter valued at $162,000. American Century Companies Inc. raised its stake 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 valued at $163,000 after purchasing an additional 1,921 shares during the period. Angeles Wealth Management LLC acquired a new stake in shares of Star in the third quarter valued at approximately $183,000. Howard Financial Services LTD. increased its position in shares of Star by 18.8% in the third quarter. Howard Financial Services LTD. now owns 19,000 shares of the company’s stock valued at $263,000 after acquiring an additional 3,000 shares during the last quarter. Finally, Marquette Asset Management LLC increased its stake in shares of Star by 17.7% during the 3rd quarter. Marquette Asset Management LLC now owns 20,865 shares of the company’s stock worth $289,000 after purchasing an additional 3,131 shares during the last quarter. 89.31% of the stock is owned by institutional investors and hedge funds.

Star Price Performance

Shares of STHO opened at $9.42 on Tuesday. The firm has a market capitalization of $125.47 million, a PE ratio of 1.53 and a beta of 1.25. The company has a debt-to-equity ratio of 0.45, a current ratio of 9.23 and a quick ratio of 9.23. Star Holdings has a fifty-two week low of $9.23 and a fifty-two week high of $15.31. The company’s 50-day moving average is $11.66 and its 200-day moving average is $12.43.

Star (NASDAQ:STHO) last released its earnings results 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 company had revenue of $24.55 million for 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.