1 day Ago By Defense World Staff
Norges Bank acquired a new stake in shares of Star Holdings (NASDAQ:STHO – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 19,431 shares of the company’s stock, valued at approximately $189,000. Norges Bank owned about 0.
15% of Star as of its most recent filing with the SEC. Several other institutional investors and hedge funds have also modified their holdings of the stock. TCW Group Inc.
raised its position 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 acquiring an additional 54,976 shares in the last quarter. State Street Corp increased its holdings in shares of Star by 3.5% during the 3rd quarter.
State Street Corp now owns 274,005 shares of the company’s stock valued at $3,792,000 after purchasing an additional 9,393 shares in the last quarter. Peapod Lane Capital LLC acquired a new position in shares of Star in the 4th quarter valued at $1,419,000. NewEdge Wealth LLC purchased a new stake in Star during the fourth quarter worth $1,177,000.
Finally, Charles Schwab Investment Management Inc. boosted its holdings in Star by 4.8% during the third quarter.
Charles Schwab Investment Management Inc. now owns 103,394 shares of the company’s stock worth $1,431,000 after buying an additional 4,715 shares in the last quarter. Institutional investors and hedge funds own 89.
31% of the company’s stock. Star Trading Up 1.9 %Shares of Star stock opened at $6.
53 on Friday. The firm has a 50-day simple moving average of $8.28 and a two-hundred day simple moving average of $10.
04. The company has a debt-to-equity ratio of 0.63, a quick ratio of 9.
23 and a current ratio of 7.24. Star Holdings has a fifty-two week low of $6.
09 and a fifty-two week high of $14.50. The company has a market cap of $86.
98 million, a P/E ratio of -1.00 and a beta of 1.13.
Star (NASDAQ:STHO – Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported ($7.70) earnings per share for the quarter.
The business had revenue of $32.76 million during the quarter. Star had a negative net margin of 76.
57% and a negative return on equity of 33.53%. Star Profile (Free Report)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. Featured StoriesFive stocks we like better than Star3 Warren Buffett Stocks to Buy NowRobinhood Strategies Could Be a Game-Changer for Young InvestorsGrowth Investing: Should You Adopt This Investing Strategy in 2022?Are These 3 Retail Stocks Oversold or Really in Trouble?Investing In Preferred Stock vs.
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