Invesco Ltd. Buys 1,468 Shares of Star Holdings (NASDAQ:STHO)

Invesco Ltd. boosted its position in shares of Star Holdings (NASDAQ:STHO) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,659 shares of the company’s stock after acquiring an additional 1,468 shares during the period. Invesco Ltd. owned approximately 0.30% of Star worth $386,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Barclays PLC increased its position in shares of Star by 262.7% during the third quarter. Barclays PLC now owns 17,341 shares of the company’s stock valued at $240,000 after purchasing an additional 12,560 shares during the period. JPMorgan Chase & Co. boosted its stake in Star by 123.6% during the third quarter. JPMorgan Chase & Co. now owns 22,613 shares of the company’s stock worth $313,000 after buying an additional 12,502 shares in the last quarter. Peapod Lane Capital LLC bought a new stake in Star in the 4th quarter valued at $1,419,000. TCW Group Inc. raised its stake in shares of Star by 14.2% in the 4th quarter. TCW Group Inc. now owns 441,226 shares of the company’s stock valued at $4,293,000 after buying an additional 54,976 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Star by 37.9% during the 4th quarter. Bank of New York Mellon Corp now owns 49,409 shares of the company’s stock worth $481,000 after acquiring an additional 13,570 shares during the period. Institutional investors and hedge funds own 89.31% of the company’s stock.

Star Stock Performance

NASDAQ STHO opened at $6.93 on Friday. Star Holdings has a twelve month low of $6.09 and a twelve month high of $14.50. The company has a quick ratio of 9.23, a current ratio of 7.24 and a debt-to-equity ratio of 0.63. The stock has a market cap of $92.31 million, a P/E ratio of -1.06 and a beta of 1.13. The company’s 50-day simple moving average is $7.63 and its 200 day simple moving average is $9.34.

Star (NASDAQ:STHO) last released its quarterly earnings data on Tuesday, February 18th. The company reported ($7.70) earnings per share for the quarter. Star had a negative net margin of 76.57% and a negative return on equity of 33.53%. The company had revenue of $32.76 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.