EVR Research LP Boosts Position in Star Holdings (NASDAQ:STHO)

EVR Research LP grew its position in Star Holdings (NASDAQ:STHO) by 7.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,000 shares of the company’s stock after buying an additional 6,922 shares during the quarter. EVR Research LP owned 0.75% of Star worth $973,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in STHO. Highbridge Capital Management LLC grew its stake in Star by 15.6% in the 4th quarter. Highbridge Capital Management LLC now owns 866,710 shares of the company’s stock valued at $8,433,000 after acquiring an additional 116,710 shares during the last quarter. TCW Group Inc. grew its position in shares of Star by 14.2% in 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. State Street Corp increased its stake in shares of Star by 3.5% during the 3rd quarter. State Street Corp now owns 274,005 shares of the company’s stock worth $3,792,000 after purchasing an additional 9,393 shares in the last quarter. Peapod Lane Capital LLC purchased a new position in shares of Star during the 4th quarter worth approximately $1,419,000. Finally, Rangeley Capital LLC acquired a new position in shares of Star during the 4th quarter worth approximately $1,236,000. Institutional investors and hedge funds own 89.31% of the company’s stock.

Star Price Performance

Shares of NASDAQ:STHO opened at $6.53 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 9.23 and a current ratio of 7.24. The business’s fifty day moving average price is $8.28 and its two-hundred day moving average price is $10.04. The stock has a market cap of $86.98 million, a PE ratio of -1.00 and a beta of 1.13. Star Holdings has a one year low of $6.09 and a one year high of $14.50.

Star (NASDAQ:STHO) last issued its quarterly earnings data on Tuesday, February 18th. The company reported ($7.70) earnings per share (EPS) for the quarter. The company 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%.

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.