Star (NASDAQ:STHO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Star (NASDAQ:STHO) to a hold rating in a report published on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings upgraded Star from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, Star currently has a consensus rating of “Hold”.

Star Price Performance

Shares of Star stock opened at $7.93 on Friday. The company has a current ratio of 18.87, a quick ratio of 18.87 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $95.79 million, a price-to-earnings ratio of 6.55 and a beta of 1.26. Star has a 1-year low of $7.01 and a 1-year high of $9.94. The firm’s 50-day moving average price is $8.69 and its two-hundred day moving average price is $8.67.

Star (NASDAQ:STHO) last posted its quarterly earnings data on Friday, August 7th. The company reported ($0.19) earnings per share for the quarter. Star had a negative return on equity of 0.90% and a net margin of 14.77%. The firm had revenue of $19.36 million for the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Ramsey Quantitative Systems acquired a new position in Star during the 2nd quarter worth about $217,000. Marquette Asset Management LLC bought a new stake in Star during the 2nd quarter worth about $523,000. Rangeley Capital LLC grew its holdings in Star by 46.5% during the 1st quarter. Rangeley Capital LLC now owns 274,072 shares of the company’s stock worth $2,075,000 after acquiring an additional 86,972 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in Star by 148.0% in the 1st quarter. Renaissance Technologies LLC now owns 93,780 shares of the company’s stock valued at $710,000 after acquiring an additional 55,965 shares in the last quarter. 89.31% of the stock is owned by institutional investors.

Star Company Profile

Star Holdings (NASDAQ: STHO) is a real estate investment company that owns and manages a diversified portfolio of commercial real estate and real estate-related investments. Its holdings have included properties and investments across several sectors, including multifamily housing, office, retail, industrial, hospitality and land.

The company’s portfolio is primarily focused on real estate in the United States and may include both direct property interests and investments in real estate debt or other related assets.