Star Holdings (NASDAQ:STHO) Shares Bought by State Street Corp

State Street Corp grew its holdings in shares of Star Holdings (NASDAQ:STHO) by 3.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 274,005 shares of the company’s stock after purchasing an additional 9,393 shares during the quarter. State Street Corp’s holdings in Star were worth $3,792,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. FMR LLC boosted its position 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. AQR Capital Management LLC purchased a new position in Star in the 2nd quarter worth approximately $162,000. American Century Companies Inc. boosted its holdings in shares of Star by 16.6% during the 2nd quarter. American Century Companies Inc. now owns 13,496 shares of the company’s stock worth $163,000 after purchasing an additional 1,921 shares during the last quarter. Angeles Wealth Management LLC purchased a new stake in shares of Star in the third quarter valued at approximately $183,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Star in the third quarter valued at approximately $243,000. Hedge funds and other institutional investors own 89.31% of the company’s stock.

Star Stock Up 0.3 %

Shares of NASDAQ:STHO opened at $9.33 on Tuesday. The company has a quick ratio of 9.23, a current ratio of 9.23 and a debt-to-equity ratio of 0.45. The business has a fifty day moving average of $11.27 and a two-hundred day moving average of $12.31. The stock has a market cap of $124.28 million, a P/E ratio of 1.52 and a beta of 1.25. Star Holdings has a 52-week low of $9.17 and a 52-week high of $15.31.

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

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.