Star (NASDAQ:STHO) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Star (NASDAQ:STHO) from a sell rating to a hold rating in a research note published on Sunday.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Star in a report on Monday, December 15th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Star currently has a consensus rating of “Sell”.

Star Price Performance

Star stock opened at $7.70 on Friday. The company has a fifty day simple moving average of $7.59 and a 200-day simple moving average of $7.87. The firm has a market capitalization of $98.10 million, a price-to-earnings ratio of -0.69 and a beta of 1.23. The company has a quick ratio of 7.09, a current ratio of 7.09 and a debt-to-equity ratio of 0.88. Star has a 52-week low of $6.05 and a 52-week high of $9.87.

Institutional Investors Weigh In On Star

A number of hedge funds have recently modified their holdings of STHO. Tower Research Capital LLC TRC raised its stake in Star by 226.5% during the second quarter. Tower Research Capital LLC TRC now owns 5,207 shares of the company’s stock worth $41,000 after purchasing an additional 3,612 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Star by 238.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 10,073 shares of the company’s stock valued at $79,000 after buying an additional 7,093 shares during the period. XTX Topco Ltd acquired a new stake in shares of Star during the 2nd quarter worth approximately $79,000. AQR Capital Management LLC acquired a new stake in shares of Star during the 1st quarter worth approximately $96,000. Finally, PDT Partners LLC purchased a new stake in shares of Star during the 2nd quarter valued at approximately $124,000. Hedge funds and other institutional investors own 89.31% of the company’s stock.

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.