Star (NASDAQ:STHO) Upgraded at Wall Street Zen

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

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Star in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Star currently has a consensus rating of “Sell”.

Star Stock Down 0.5%

STHO opened at $8.06 on Friday. Star has a fifty-two week low of $6.05 and a fifty-two week high of $9.25. The business has a 50-day moving average of $8.11 and a 200-day moving average of $7.97. The company has a debt-to-equity ratio of 1.01, a current ratio of 7.84 and a quick ratio of 7.84. The company has a market capitalization of $97.45 million, a PE ratio of -1.65 and a beta of 1.20.

Institutional Trading of Star

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC grew its holdings in Star by 226.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,207 shares of the company’s stock valued at $41,000 after buying an additional 3,612 shares during the last quarter. XTX Topco Ltd acquired a new stake in Star in the 2nd quarter valued at approximately $79,000. AQR Capital Management LLC acquired a new stake in Star in the 1st quarter valued at approximately $96,000. PDT Partners LLC acquired a new stake in Star in the 2nd quarter valued at approximately $124,000. Finally, American Century Companies Inc. grew its holdings in Star by 11.3% in the 2nd quarter. American Century Companies Inc. now owns 15,965 shares of the company’s stock valued at $125,000 after buying an additional 1,616 shares during the last quarter. Institutional investors and hedge funds own 89.31% of the company’s stock.

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.