Barclays PLC Has $194,000 Stock Holdings in Star Holdings (NASDAQ:STHO)

Barclays PLC raised its stake in shares of Star Holdings (NASDAQ:STHO) by 14.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,839 shares of the company’s stock after purchasing an additional 2,498 shares during the period. Barclays PLC owned 0.15% of Star worth $194,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in STHO. JPMorgan Chase & Co. grew its holdings in Star by 123.6% during the third quarter. JPMorgan Chase & Co. now owns 22,613 shares of the company’s stock valued at $313,000 after purchasing an additional 12,502 shares during the last quarter. Peapod Lane Capital LLC acquired a new position in Star during the fourth quarter valued at approximately $1,419,000. TCW Group Inc. grew its holdings in Star by 14.2% during the fourth quarter. TCW Group Inc. now owns 441,226 shares of the company’s stock valued at $4,293,000 after purchasing an additional 54,976 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Star by 37.9% during the fourth quarter. Bank of New York Mellon Corp now owns 49,409 shares of the company’s stock valued at $481,000 after purchasing an additional 13,570 shares during the last quarter. Finally, NewEdge Wealth LLC acquired a new position in Star during the fourth quarter valued at approximately $1,177,000. Institutional investors and hedge funds own 89.31% of the company’s stock.

Star Trading Up 0.9%

Shares of STHO stock opened at $6.59 on Tuesday. Star Holdings has a 12 month low of $6.09 and a 12 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 business’s 50 day moving average is $7.33 and its two-hundred day moving average is $9.04. The company has a market cap of $87.78 million, a PE ratio of -1.01 and a beta of 1.23.

Star (NASDAQ:STHO) last posted its quarterly earnings data on Monday, May 12th. The company reported ($0.81) earnings per share for the quarter. Star had a negative net margin of 76.57% and a negative return on equity of 33.53%.

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.