Star Holdings (NASDAQ:STHO) Shares Purchased by Barclays PLC

Barclays PLC boosted its holdings in Star Holdings (NASDAQ:STHO) by 262.7% in the third quarter, HoldingsChannel.com reports. The firm owned 17,341 shares of the company’s stock after buying an additional 12,560 shares during the quarter. Barclays PLC’s holdings in Star were worth $240,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in STHO. Cowen AND Company LLC boosted its holdings in shares of Star by 2,106.2% in the second 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. boosted its holdings in shares of Star by 16.6% in the second quarter. American Century Companies Inc. now owns 13,496 shares of the company’s stock valued at $163,000 after acquiring an additional 1,921 shares during the period. AQR Capital Management LLC acquired a new stake in shares of Star in the second quarter valued at approximately $162,000. EVR Research LP boosted its holdings in shares of Star by 7.1% in the second quarter. EVR Research LP now owns 90,500 shares of the company’s stock valued at $1,091,000 after acquiring an additional 6,000 shares during the period. Finally, Bluefin Capital Management LLC boosted its holdings in shares of Star by 1.2% in the second quarter. Bluefin Capital Management LLC now owns 351,518 shares of the company’s stock valued at $4,239,000 after acquiring an additional 4,311 shares during the period. 89.31% of the stock is owned by institutional investors and hedge funds.

Star Price Performance

STHO stock opened at $9.33 on Monday. The company has a market capitalization of $124.28 million, a P/E ratio of 1.52 and a beta of 1.25. Star Holdings has a twelve month low of $9.17 and a twelve month high of $14.50. The business has a 50 day simple moving average of $10.93 and a 200-day simple moving average of $12.21. The company has a current ratio of 9.23, a quick ratio of 9.23 and a debt-to-equity ratio of 0.45.

Star (NASDAQ:STHO) last posted its quarterly earnings data on Tuesday, November 5th. The company reported ($0.42) earnings per share for the quarter. The firm had revenue of $24.55 million during the quarter. Star had a net margin of 69.55% and a return on equity of 9.84%.

Star 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.